Energy Update

You are here

* Members of parliament want early action on careful resource use

* Utilities avoid worst-case scenario of break-up (Adds comments, details, updates shares)

WARSAW, July 6 (Reuters) - The European Investment Bank (EIB) is in advanced talks to lend more than 2 billion zlotys ($526 million) to Poland's biggest power producer PGE to help finance its investments, the head of the EIB's Warsaw office told Reuters.

COPENHAGEN, July 7 (Reuters) - Investment firms 3i Infrastructure and AMP Capital have agreed to buy Danish shipping company Esvagt for 4.1 billion Danish crowns ($607 million), aiming to tap growing demand for servicing offshore wind farms.

DUBAI, July 7 (Reuters) - Gulf stock markets were mixed within a narrow range in early trade on Tuesday as local retail investors continued to buy on dips, despite a fresh plunge of oil prices.

SYDNEY, July 7 (Reuters) - Australian chemical maker Orica Ltd said it would curb output and cut staff at a site in the state of Queensland, hit by faltering demand for explosives from the mining industry.

COPENHAGEN, July 7 (Reuters) - Private equity firms 3i Infrastructure and AMP Capital have agreed to jointly acquire Danish shipping company Esvagt, shipping and oil group A.P. Moller-Maersk said on Tuesday.

Platts LNG associate editor Luke Stobbart looks at the Middle East's potential to absorb the excess LNG supply.

More and more of the world’s physical gold moves from London’s vaults to Asia, chiefly China.

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.