Energy Update

You are here

WARSAW, Sept 10 (Reuters) - Poland's second-biggest power firm Tauron said on Thursday it has submitted an offer to buy assets owned by the troubled state-run Brzeszcze mine.

NEW YORK, Sept 10 (Reuters) - A U.S. government weather forecaster on Thursday said El Nino conditions would gradually weaken through the Northern Hemisphere spring 2016 after peaking in late fall or early winter.

THE HAGUE, Sept 10 (Reuters) - A Dutch high court on Thursday began hearing complaints from groups seeking to reduce or stop gas production at the Groningen gas field, Europe's largest, to reduce the danger of earthquakes.

BRATISLAVA, Sept 10 (Reuters) - Slovak Prime Minister Robert Fico said on Thursday a deal between Russia's Gazprom and its European partners to expand the Nordstream gas pipeline was a "betrayal" that would cost Ukraine and Slovakia a combined billions of euros.

MANILA, Sept 10 (Reuters) - A Philippine agency overseeing state power assets said on Thursday it had terminated San Miguel Corp's contract as administrator of a 1,200 megawatt power plant due to alleged failure to pay "obligations" amounting to $138 million.

BEIJING, Sept 10 (Reuters) - Chinese government auditors have found more accounting problems with projects linked to the $59-billion Three Gorges dam, the world's biggest hydropower scheme, following a critical report last year that revealed nepotism and other corrupt practices.

LONDON, Sept 10 (Reuters) - Global nuclear power generation capacity could increase by more than 45 percent in the next 20 years but the pace of growth will still fall short of what is needed to curb climate change, an industry organisation report showed on Thursday.

* Keeps FY EBITDA guidance of 7-7.6 billion euros (Adds analyst, shares, background)

** The world's biggest miner is determined to pay a final dividend of 62 cents/shr on Sept.

** Oil companies and service providers fall heavily as oil prices drop below $48 per barrel

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.