Energy Update

You are here

Home » Global Read

Britain's FTSE moves ahead, led by TUI and ARM Holdings

LONDON, Aug 14 (Reuters) - Britain's top equity index edged up on Friday, with travel group TUI leading the risers and gains mitigated by a decline for commodities stocks, such as Glencore and BP.

Stolen Solar Panels and Sabotage A Challenge for Powering India With Renewable Energy

Disappointment spread across Tarun Singh’s face when he saw that parts of his solar power microgrid in eastern India’s Bihar state had been stolen.
Batteries meant to store energy stood disconnected from solar panels and drained of essential acid at the site in Kayam village. Singh, chief executive of Veddis Solars Pvt., said he hadn’t been paid the rent due on the small plant since February.

Nikkei edges down on profit-taking, market digests yuan move

TOKYO, Aug 14 (Reuters) - Japan's Nikkei share average edged down on Friday amid profit-taking and falling oil prices that generated selling in shares tied to commodities.

UK's Lamprell says CEO to retire next year

Aug 14 (Reuters) - Oil rig maker Lamprell Plc said Chief Executive James Moffat would retire next June and that it had promoted Tony Wright to the role of chief financial officer with immediate effect.

UPDATE 2-Chinese official defends fire fighters after Tianjin blasts, experts focus on response

* Experts say initial use of water could have made situation worse

UPDATE 1-Japan car makers, retailers report minor damage from blasts at China port

* Japanese carmakers assessing extent of damage from China blasts

Weak iron ore market sends miners far afield in China

The persistently weak outlook for iron ore and steel has forced some Chinese miners to get creative to stay in business, Hongmei Li observes.

First offshore wind farm in the United States begins construction

(Fri, 14 Aug 2015) In July, American offshore wind developer, Deepwater Wind, installed the first foundation for what is expected to be the first offshore wind farm in the United States. The project will be located three miles southeast of Block Island, Rhode Island.

UPDATE 2-U.S. crude oil dips below $42 on high U.S. stocks, Asia economy worries

* Lower yuan puts downward pressure on commodities - Goldman Sachs

REFILE-Japan car makers, retailers report minor damage from blasts at China port

TOKYO/BEIJING, Aug 14 (Reuters) - Several Japanese automakers including Toyota Motor Corp reported damage to cars and facilities after two huge explosions at the Chinese port of Tianjin tore through an industrial area where toxic chemicals and gas were stored.

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