Energy Update

You are here

LONDON, July 10 (Reuters) - Ambitious Greek renewable power projects aimed at reducing the country's dependence on energy imports from Russia will be on hold for some time as the threat of exit from the euro prompts investors and financiers to put the brakes on initiatives.

TORONTO, July 10 (Reuters) - Teck Resources Ltd is delaying development of its massive, high-cost Frontier oil sands project in northern Alberta by five years at a time when oil prices show few signs of recovering from current depressed levels.

BARRANCABERMEJA, Colombia, July 9 (Reuters) - The hulking backhoe dredges up rocks and silt from the shallows of the muddy Magdalena River in the first laborious step to transform the waterway into an engine of economic growth.

UFA, Russia, July 10 (Reuters) - Russian President Vladimir Putin called on Friday for sanctions on Iran to be lifted as soon as possible after a deal is reached on Tehran's nuclear programme.

AMSTERDAM, July 10 (Reuters) - The Dutch government said on Friday it would ban shale gas drilling for five years and not renew existing exploration licences due to uncertainties about the environmental impact.

AMSTERDAM, July 10 (Reuters) - The Dutch government on Friday said it would ban shale gas drilling for five years and will not renew existing licences for exploration, a statement said.

NEW YORK, July 10 (Reuters) - A U.S. judge has rejected Brazilian state-run oil producer Petrobras' effort to dismiss a lawsuit claiming that years of corruption, including bribery, caused more than $98 billion of its stock and bonds to be overvalued.

UFA, July 10 (Reuters) - Russian President Vladimir Putin called on Friday for lifting all sanctions against Iran as soon as a deal on Tehran's nuclear programme is reached.

YENAGOA, Nigeria, July 10 (Reuters) - An explosion at an Eni pipeline in Nigeria killed at least 12 people and injured three others, the Italian oil major said in a statement on Friday.

NAIROBI, July 10 (Thomson Reuters Foundation) - Kenya's renewable energy sector is set for a boost in September when a solar microgrid company plans to become the country's first licensed private utility to sell power to the public, ending a half-century monopoly by the state electricity firm.

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.