Energy Update

You are here

SINGAPORE, Aug 20 (Reuters) - Oil markets opened up weak on Thursday following sharp falls the previous session, with U.S.

SAO PAULO, Aug 19 (Reuters) - Brazil's state-run oil firm Petroleo Brasileiro SA said in a securities filing on Wednesday it was not in negotiation to pay a fine to settle criminal and civil investigations in the United States.

LONDON, Aug 19 (Reuters) - Glencore expects the sharp fall in coal imports from top consumer China to be offset to some extent by a fall in output from Indonesia, the company's CEO said on Wednesday.

SAO PAULO, Aug 19 (Reuters) - Brazil's state-run oil firm Petroleo Brasileiro SA said in a securities filing on Wednesday it was not in negotiation to pay a fine to settle criminal and civil investigations in the United States.

WILLISTON, N.D., Aug 19 (Reuters) - Oilfield service companies eager for work amid plunging crude oil prices have until the end of Wednesday to bid for a guaranteed job: plugging a North Dakota well abandoned by a producer closing up shop in the No. 2 U.S.

NEW YORK, Aug 19 (Reuters) - Mutual fund managers who believed the slump in oil prices would be short-lived have been taking it on the chin, but some are not giving up, betting that the market will bounce back and they will have the last laugh.

SAO PAULO, Aug 19 (Reuters) - Brazilian engineering company Camargo Correa has agreed to pay fines of more than 104 million reais ($30 million) and admit to participating in a cartel that fixed prices on contracts with state-run oil producer Petrobras , antitrust regulator Cade said on Wednesday.

MOSCOW, Aug 19 (Reuters) - Russian economic activity continued to slump in July from a year ago, official data on key measures showed on Wednesday, with tentative signs of stability bringing little cheer to investors.

BEIJING, Aug 19 (Reuters) - International organisations could be overestimating emissions from China, the world's biggest producer of greenhouse gasbecause of problems in the way they calculate their data, said a study published by Nature on Wednesday.

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.