Energy Update

You are here

Home » Global Read

UPDATE 1-Azeri oil exports down 2.5 pct in H1 y/y - customs source

BAKU, July 16 (Reuters) - Azerbaijan's oil exports fell 2.5 percent in the first half of 2015 compared with a year earlier, driven by a decline in oil production, a source at the State Customs Committee said on Thursday.

RPT-COLUMN-Can Rio Tinto's iron ore strategy work for shareholders?: Russell

LAUNCESTON, Australia, July 16 (Reuters) - Rio Tinto's announcement of a reduction of 10 million tonnes in its forecast shipments of iron ore to 340 million tonnes in 2015 is largely inconsequential.

Russia, US agree fishing ban in Arctic as sea ice melts

OSLO, July 16 (Reuters) - The United States, Russia and other Arctic nations signed an agreement deal on Thursday to bar their fishing fleets from fast-thawing seas around the North Pole, an agreement delayed more than a year by tensions over Ukraine.

UPDATE 1-Pipeline operator Genesis to buy Enterprise's U.S. Gulf business

July 16 (Reuters) - Pipeline company Genesis Energy LP said it would buy Enterprise Products Partners LP's Gulf of Mexico pipelines and services business for about $1.5 billion to expand its offshore pipelines business.

Bypassing Ukraine will be costly for Russia's Gazprom - analysts

MOSCOW/PRAGUE, July 16 (Reuters) - Russia's plans to drop Ukraine as a route for pumping natural gas to Europe will still leave state-run Gazprom facing about $1 billion in annual transit fees to Slovakia and Bulgaria for years to come, analysts and industry sources say.

UPDATE 1-French minister caps EDF power price hikes again

PARIS, July 16 (Reuters) - French Energy Minister Segolene Royal capped a planned rise in household electricity prices on Thursday, overruling regulatory recommendations designed to compensate power provider EDF for earlier controls.

Pipeline company Genesis to buy Enterprise's Gulf of Mexico business

July 16 (Reuters) - Pipeline company Genesis Energy LP said it would buy Enterprise Products Partners LP's offshore Gulf of Mexico pipelines and services business for about $1.5 billion.

Crisis-hit Polish miner KW says needs investors by end-Aug

KATOWICE, Poland, July 16 (Reuters) - Kompania Weglowa (KW), the European Union's biggest coal miner which is on the brink of bankruptcy, needs to find investors by the end of August, its chief executive said on Thursday.

UPDATE 1-Dragon Oil's largest shareholder ENOC says no to dividend payment

July 16 (Reuters) - Dragon Oil Plc's largest shareholder, Emirates National Oil Co Ltd (ENOC), said the oil producer no longer needed to pay a dividend to shareholders, stepping up pressure in its bid to take over the company.

UPDATE 2-India's JSW shelves plan to buy cricket team, cites graft-hit IPL's "negative aura"

* Some of India's biggest corporate names invested in league (Adds quotes, background, detail)

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