Energy Update

You are here

Home » Global Read

UPDATE 1-S.Africa's biggest coal sector union rejects revised wage offer

JOHANNESBURG, Aug 12 (Reuters) - South Africa's National Union of Mineworkers (NUM) rejected salary increases between of 5 percent to 6.5 percent on Wednesday from the employers' body, the Chamber of Mines, and said the offer was "insulting."

Britain's FTSE dragged lower by miners and Unilever

LONDON, Aug 12 (Reuters) - Britain's top share index was dragged lower on Wednesday by Unilever, hit after a broker downgrade, and by mining companies suffering from a slump in metal prices due to China's devaluation of the yuan.

S.Africa's biggest coal sector union rejects revised wage offer

JOHANNESBURG, Aug 12 (Reuters) - South Africa's National Union of Mineworkers rejected salary increases between of 5 percent to 6.5 percent on Wednesday from the employers' body, the Chamber of Mines, and said the offer was "insulting."

COLUMN-U.S. shale firms slide deep into the red on low oil prices: Kemp

LONDON, Aug 12 (Reuters) - North America's leading independent oil and gas producers reported large losses in the second quarter despite cutting costs and increasing output.

UPDATE 1-IEA sees oil glut persisting in 2016 despite soaring demand

LONDON, Aug 12 (Reuters) - World oil demand is growing at its fastest pace in five years thanks to rebounding economic growth and low prices, but global oversupply is so great that it will last through 2016, the West's energy watchdog said on Wednesday.

Oil market rebalancing has begun, will take time-IEA

LONDON, Aug 12 (Reuters) - World oil demand is growing at its fastest pace in five years thanks to rebounding economic growth and low prices, but global oversupply is so great that it will last through 2016, the West's energy watchdog said on Wednesday.

COLUMN-Australia to remain climate laggard amid policy vacuum: Russell

LAUNCESTON, Australia, Aug 12 (Reuters) - The only thing that's completely predictable about carbon emissions policies is that nobody will be satisfied.

UPDATE 1-China's July coal output dips on low prices

* Downstream sectors of power, steel and cement all down in July

Japan restarts first nuclear reactor under new safety rules

(Wed, 12 Aug 2015) On August 11, Kyushu Electric Power Company's 846 megawatt Sendai Nuclear Power Station Unit 1 became the first reactor to restart after nearly two years with no generation from nuclear power plants in Japan. Following the disaster at Fukushima in 2011, Japan began a temporary shutdown of all nuclear plants as each reactor entered scheduled maintenance and refueling outages.

INSIGHT-Pope's climate push at odds with U.S. Catholic oil investments

BOSTON, Aug 12 (Reuters) - Pope Francis heartened environmentalists around the world in June when he urged immediate action to save the planet from the effects of climate change, declaring that the use of "highly polluting fossil fuels needs to be progressively replaced without delay."

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