Energy Update

You are here

Home » Global Read

Former senior Chinese energy executive stands trial

BEIJING, July 22 (Reuters) - A former senior Chinese energy executive has gone on trial this week, the official Xinhua news agency reported on Wednesday, part of the government's sweeping crackdown against deep-rooted corruption.

UPDATE 1-BHP's 'four pillars' no buffer against weak commodity prices

* "Four Pillars" strategy offers little protection (Adds link to graphic)

Gemfields says Montepuez mine to yield rubies for over 20 years

July 22 (Reuters) - Gemfields Plc said an independent report confirmed that its 75 percent-owned Montepuez ruby mine in Mozambique has enough reserves to last more than two decades.

BHP's 'four pillars' no buffer against weak commodity prices

SYDNEY, July 22 (Reuters) - BHP Billiton's strategy of diversifying across commodities was designed to shield the miner in a volatile sector, but its entire suite of products suffered double-digit price falls in the latest half-year.

UPDATE 2-China says Japan defence review misleading, Japan releases photos

* China calls Japan defence review "malicious and misleading"

UPDATE 2-Iran says rejects curbs after 10 years, will back allies

* More sanctions would lack 'credibility' (Recasts, adds quotes, background)

UPDATE 1-UAE to free up gasoline, diesel prices in major reform

ABU DHABI, July 22 (Reuters) - The United Arab Emirates said it would let domestic fuel prices move more freely in a politically sensitive reform that could save the government billions of dollars and begin reducing the wealthy country's love of gas-guzzling cars with big engines.

UPDATE 2-Britain moves to slash renewable subsidy costs

* Doubt over renewable power auction (Updates comments, details throughout)

UPDATE 1-Philippines' Semirara halts coal exports after mining suspension

MANILA, July 22 (Reuters) - Semirara Mining & Power Corp , the Philippines' biggest coal miner, is halting coal exports to ensure continued supply for local power generation and cement production while operations at its main Panian mine are suspended.

UPDATE 1-Adani says approval delays halt work on Australia coal project

* Environmentalists say work threatens Great Barrier Reef (Adds comment from Adani, POSCO E&C, Greenpeace)

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