Energy Update

You are here

Home » Global Read

UPDATE 1-Top U.S. hedge funds stayed bullish in Q2 on energy as slump began

NEW YORK, Aug 14 (Reuters) - Top U.S.

Buffett's Berkshire sheds two stocks, hints at new purchase

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.

Top U.S. hedge funds stayed bullish in Q2 on energy as slump began

UPDATE 2-Petrobras to take $576 mln Q3 charge for back taxes

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.

UPDATE 1-U.S. oil drillers add rigs even as prices dive anew - Baker Hughes

Aug 14 (Reuters) - U.S.

U.S. oil drillers add rigs even as prices dive anew - Baker Hughes

Aug 14 (Reuters) - U.S. energy firms added oil rigs for a fourth straight week, according to data that highlights how a period of stable prices earlier this summer lulled some drillers into stepping up spending just before a second oil market slump.

TIMELINE-Push to relax U.S. oil export ban gathers steam in 2015

WASHINGTON, Aug 14(Reuters) - The push to loosen its 40-year-old U.S. ban on exporting domestic crude oil reached a new milestone on Friday after the government approved a "handful" of applications to export U.S.

Oil companies lead Britain's FTSE lower as crude prices fall

* Glencore touches an all-time low (Updates with closing prices)

UPDATE 1-Spain's Abengoa denies it has been advised to increase rights issue

MADRID, Aug 14 (Reuters) - Spanish energy group Abengoa , which has been struggling to reassure investors over its finances, denied a report on Friday saying that banks had advised it to increase the size of a planned rights issue to.

Defence in, oil out in French stock index fashion stakes

PARIS, Aug 14 (Reuters) - Dassault Aviation, maker of the Rafale military fighter plane that is enjoying export success this year, is set for promotion to the SBF120 index of top French stocks in a September review, brokers predicted.

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.

Photos