Energy Update

You are here

LONDON/ERBIL, Iraq, Aug 27 (Reuters) - Iraq's Kurdistan region said on Thursday it expected to begin making regular payments to oil-exporting companies in the first half of September, sending shares in those firms up as high as 17 percent in early trade.<

BEIJING, Aug 27 (Reuters) - PetroChina , China's biggest oil and gas producer, reported a 63 percent drop in its first-half profit, with earnings upstream and in the marketing segment both taking a hit from lower prices.

SINGAPORE, Aug 27 (Reuters) - China's falling auto sales have been at the forefront of concerns that its economy is slowing much faster than expected, weighing on oil prices.

STOCKHOLM, Aug 27 (Thomson Reuters Foundation) - Countries in Latin America and the Caribbean must rein in their thirsty agriculture sector to ensure water security, as extreme weather takes a toll on the region's growing cities, experts said.

Aug 27 (Reuters) - Oil and gas services company Amec Foster Wheeler Plc reported a 12 percent fall in first-half pretax profit, hurt by the slump in oil prices and said it expected trading margins to fall further.

PARIS, Aug 27 (Reuters) - French oil major Total has agreed to sell some of its gas pipeline assets in the UK's North Sea to North Sea Midstream Partners, an affiliate of U.S.-based private equity firm ArcLight Capital, for 585 million pounds ($907 million).<

NAIROBI, Aug 27 (Reuters) - Oil marketer Total Kenya said its first-half pretax profit dropped by 5 percent due to inflation and volatility in international oil prices.

Petrochemicals play a vital role in American football, from the plastics in the equipment used to play the sport to the artificial turf to the souvenirs and cups for beverages.

(Thu, 27 Aug 2015) The domestic market for distributed wind turbines has weakened since the record capacity additions in 2012. Last year's installations of mid-size and small wind turbines were the lowest in a decade. Relatively low electricity prices, competition from other distributed energy sources, and relatively high permitting and other nonmaterial costs have presented challenges to the distributed wind market in the United States.

* Buyers are Glencore, Bloomfield (Adds comment, details, SYDNEY dateline)

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.