Energy Update

You are here

Home » Global Read

Australia PM under fire for ordering fund to stop wind, solar investments

SYDNEY, July 13 (Reuters) - Australian Prime Minister Tony Abbott has come under fire from the opposition and investors after ordering the government's A$10 billion ($7.45 billion) Clean Energy Finance Corporation (CEFC) to stop investing in wind and solar power.

UPDATE 1-Low prices to boost some China commodities imports

* Soybeans, crude oil imports in June second-highest on record

Iran deal would add to oil glut, open door to cement, steel imports

* Iranian oil exports would add to 2.6 million bpd of oversupply

UPDATE 1-Amplats says first-half earnings to rise sharply

JOHANNESBURG, July 13 (Reuters) - The world's biggest platinum producer Anglo American Platinum said on Monday it expected its interim earnings to rise by almost 1,500 percent as it recovers from a five-month strike last year and benefits from an after-tax gain.

COLUMN-China commodity imports raise economic growth questions: Russell

--Clyde Russell is a Reuters columnist. The views expressed are his own.--

Philippine solar industry pushes for more incentives, faster approvals

* Philippines wants to shake dependence on imported fossil fuels

UPDATE 1-China June crude oil imports up 27 pct on year in challenge to U.S. for top spot

* June imports may have topped those of the U.S. (Adds details)

Saudi Arabia faces falling foreign reserves as oil prices still lackluster: Petrodollars

Saudi Arabia sometimes seems to take a blase approach to oil prices, but its falling foreign reserves may spur action. Geoffrey Craig takes stock of the situation.

INSIGHT-Sage grouse flies into U.S. species protection crossfire

* GRAPHIC on sage grouse habitat and species listings trend: http://reut.rs/1Tq4kmM

Last Monday's large percentage decline in crude oil prices was relatively rare

(Mon, 13 Jul 2015) The front-month futures price for crude oil benchmark West Texas Intermediate declined 7.7% on Monday, July 6, the largest single-day decline in percentage terms since February 4. Uncertainty over Greece's fiscal position, volatility in the Chinese stock market, and uncertain prospects for a nuclear deal with Iran were cited as immediate factors affecting expectations for future crude oil supply and demand.

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