Energy Update

You are here

* Refined oils import tax set at 20 pct (Recasts throughout)

JOHANNESBURG, Sept 18 (Reuters) - When Canada's Barrick Gold said it would close its copper mine in Zambia if the government imposed a sharp hike in mineral royalties, President Edgar Lungu had little choice but to back down to save valuable jobs that keep the country going.

Sept 18 (Reuters) - Diversified U.S. miner and energy producer Freeport-McMoran Inc said it has filed to sell additional shares to raise up to $1 billion.

MOSCOW, Sept 18 (Reuters) - Russia's oil production may drop if crude falls below $40 a barrel, Deputy Energy Minister Alexei Teksler said on Friday, the first time Russia, one of the world's biggest producers, has acknowledged low prices could hit output.

Sept 18 (Reuters) - Antero Resources Corp said it would sell its business that delivers fresh water to the shale industry to its master limited partnership Antero Midstream Partners LP in a deal valued at $1.05 billion including debt.

Producers of motor fuels from plant waste say they have been left behind in President Barack Obama’s push to fight climate change.

Sept 18 (Reuters) - Antero Midstream Partners LP said it would buy Antero Resources Corp's business that delivers fresh water to shale drillers in a deal valued at $1.05 billion.

* Plans to cut debt by raising 890 million pounds (Adds details)

** Mining and trading co Glencore down 2 pct, trading near life low & top FTSE-100 loser after trade bodies raise questions about its recent $2.5 bln equity placing

NEW DELHI, Sept 18 (Reuters) - India is preparing a rescue package for power utilities owing tens of billions of dollars, but Prime Minister Narendra Modi must first convince states to make politically hard choices as he seeks a victory for reforms needed to galvanise the economy.

Pages

GET IN TOUCH

  • 1875 I Street NW, International Square, 
       Washington, District Of Columbia, 20006
  • Phone: +1 (888) 317-3839
  • Email: info@mglllc.com

About

Misha Gerhard & Lewis LLC is International Strategic Consulting Firm with an extensive presence in the most rapidly developing regions of the world.