Energy Update

You are here

Aug 14 (Reuters) - KKR & Co's Samson Resources Corp said on Friday it finalized a restructuring plan with key creditors that it expects to implement under a Chapter 11 bankruptcy reorganization and which will give the creditors control of the company.

MEXICO CITY, Aug 14 (Reuters) - A historic crude oil swap between the United States and Mexico is "great news" for both countries, and Mexican national oil company Pemex expects the permit by the end of this month, the head of its commercial arm said on Friday.

Aug 14 (Reuters) - KKR & Co's Samson Resources Corp may file for Chapter 11 bankruptcy protection by mid-September, the Wall Street Journal reported on Friday, citing sources familiar with the matter.

Aug 14 (Reuters) - Warren Buffett's Berkshire Hathaway Inc on Friday said it boosted its stake in cable TV operator Charter Communications Corp, and signaled it may have another large investment planned after agreeing to buy Precision Castparts Corp in its largest-ever purchase.

MEXICO CITY, Aug 14 (Reuters) - A historic crude oil swap between the United States and Mexico is "great news" for both countries, and Mexican national oil company Pemex expects the permit by the end of this month, the head of Pemex's commercial arm said on Friday.

CALGARY, Alberta, Aug 14 (Reuters) - The Canadian province of Alberta, the biggest source of U.S. oil imports, announced the members of its climate change policy review panel on Friday, part of its pledge to implement new rules on greenhouse gas reductions.

Aug 14 (Reuters) - Warren Buffett's Berkshire Hathaway Inc has eliminated its stakes in National Oilwell Varco Inc and Phillips 66, and on Friday signaled it may have another large investment in the works.

SAO PAULO, Aug 14 (Reuters) - State-run oil company Petroleo Brasileiro SA said it will take a 2 billion reais ($576 million) charge against third-quarter earnings to pay a disputed tax bill with Brazil's federal government, its second unexpected tax charge in a month.

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.