Energy Update

You are here

RIO DE JANEIRO, Aug 12 (Reuters) - Queiroz Galvão Exploração e Produção SA said on Wednesday that the Manati offshore oil field in Brazil holds 13.5 billion cubic meters (477 billion cubic feet) of proven and probable, or "P2", natural gas reserves.

LONDON, Aug 13 (Reuters) - The British government will give its communities minister the power to directly approve shale gas permits, taking away decision-making from local politicians who have in the past months blocked the progress of Britain's first shale gas wells.

Australia’s Maysen & Borowski Claymont Joint Venture (MBCJV) and Phoenix Material and Constructing have secured approval from the Zambia Development Agency (ZDA) for the construction of $1.9bn oil refinery and pipeline project.

OTTAWA, Aug 12 (Reuters) - Canada's New Democratic Party would take greenhouse gas emissions into account in deciding whether projects like TransCanada Corp's Energy East pipeline should be allowed to proceed, NDP leader Thomas Mulcair said on Wednesday.

Pakistan has joined the list of countries that are exploring solar power as a means to bridge critical energy generation shortfalls.  The tariff that has been announced is priced to be attractive and interest is already high.  Of the two provinces currently ready to implement the program, Punjab is in the north, and Sindh in in the south.  The prices on a levelized basis for these regions are:

Size of Project (in MW)

North Region Price in US cents per kWh

China is being encouraged by three industry groups to double the nation’s solar-power goal for 2020 to make up for shortfalls from nuclear and hydropower projects, while India’s installed capacity of solar power could reach 75 GW by 2020.  Meanwhile Kenya is installing 75 MW of wind and geothermal while Turkey looks to add 2 GW of wind power capacity ahead of schedule. Stories below.
China Advised to Double Solar Goal to Fill Nuclear, Hydro Gap

Aug 12 (Reuters) - A federal judge on Wednesday approved Exxon Mobil Corp's $5.07 million settlement of charges that it violated the federal Clean Water Act and state environmental laws in connection with a 2013 oil spill in central Arkansas.

JUBA, Aug 12 (Reuters) - A South Sudan rebel general has split with former Vice President Riek Machar and rejected his plans to join President Salva Kiir in a transitional government, raising prospects of fresh conflict in the country.

LAGOS, Aug 12 (Reuters) - A helicopter carrying 12 people crashed into a lagoon in Nigeria's commercial capital Lagos on Wednesday, killing at least four people, the Nigerian Civil Aviation Authority (NCAA)said.

BAGHDAD, Aug 12 (Reuters) - Iraq's prime minister dismissed his cabinet secretary on Wednesday as part of an ambitious reform drive he said was under threat from corrupt politicians and Shi'ite militia leaders who use their armed followers for political ends.

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.