Energy Update

You are here

Home » Global Read

UPDATE 3-UK energy suppliers face price cap after watchdog finds customers overcharged

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

CORRECTED-EIB in talks to lend more than $500 mln to Polish power firm PGE

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.

UPDATE 1-3i Infrastructure, AMP Capital to buy shipping firm Esvagt

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.

MIDEAST STOCKS-Gulf markets mixed despite oil's plunge

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.

Australia's Orica to curb output, cut jobs at Queensland site

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.

3i Infrastructure and AMP Capital to buy Esvagt for $607 mln

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.

China's stock turmoil drags down remaining strong commodities

GRAPHIC: Prices of commodities : http://link.reuters.com/xex94w

Middle East starts to emerge as new LNG demand center

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

London loses golden touch as China’s build-up of bullion continues apace

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

Coal production using mountaintop removal mining decreases by 62% since 2008

(Tue, 07 Jul 2015) Coal production from mines with mountaintop removal permits has declined since 2008, more than the downward trend in total U.S. coal production. Total U.S. coal production decreased about 15% from 2008 to 2014. Surface production decreased about 21%, and mountaintop removal, one type of surface production, decreased 62% over this period. Lower demand for U.S. coal, primarily used to generate electric power, has contributed to lower U.S. coal production.

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