Energy Update

You are here

** Shares of the world's largest publicly traded oil company down 2.2 pct at $81.20 premarket

RIO DE JANEIRO, July 31 (Reuters) - Brazil's largest-ever corruption scandal threatens to slow down preparations for the Olympic Games in Rio de Janeiro next year as it engulfs construction companies responsible for the lion's share of projects worth around $12 billion.<

July 31 (Reuters) - Imperial Oil Ltd , Canada's No.2 integrated oil producer and refiner, reported a lower-than-expected quarterly profit, hurt by the slump in crude prices.

July 31 (Reuters) - Exxon Mobil Corp reported lower-than-expected second-quarter results on Friday as tumbling crude prices halved profit at the world's largest publicly traded oil company.

OTTAWA, July 31 (Reuters) - The Canadian economy shrank for the fifth consecutive month in May, by 0.2 percent from April, strengthening the probability that the country was in recession in the first half of the year, according to Statistics Canada data released on Friday.

LONDON, July 31 (Reuters) - Barrick Gold Corp's sale of half of its Zaldivar copper mine in Chile to Antofagasta for what analysts say is a pricey $1 billion hit Antofagasta's shares on Friday, but could help Anglo American in its own copper assets sale.<

July 31 (Reuters) - Imperial Oil Ltd , Canada's No.2 integrated oil producer and refiner, reported a 90 percent fall in quarterly profit, hurt by the slump in crude prices and a tax-related charge.

July 31 (Reuters) - Enbridge Inc, Canada's largest pipeline company, reported a higher-than-expected rise in quarterly adjusted profit, helped by increased throughput as producers moved more oil by pipes than on rail.

HANOI, July 31 (Reuters) - Heavy rainfall in northern Vietnam has killed 17 people and inundated major coal mines, causing concern among environmentalists about contamination of local communities and the waters of a top tourist attraction, Halong Bay.

July 31 (Reuters) - Enbridge Inc, Canada's largest pipeline company, posted a 54 percent rise in quarterly adjusted profit on Friday, helped by increased throughput as producers moved more oil by pipes than on rail.

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.