Energy Update

You are here

Home » Global Read

Venezuela oil minister sees price rise by end of year

MARACAIBO, Venezuela, June 16 (Reuters) - Venezuela's Oil Minister Asdrubal Chavez predicted on Tuesday that crude prices will rise by the end of the year, and called for continued cooperation between OPEC and non-OPEC producers.

UPDATE 1-EU set to meet green energy goal but UK, Netherlands trail

* France, Malta, Belgium and Spain also need to boost efforts

Low oil price hits $200 billion in mega-projects

LONDON, June 16 (Reuters) - Deepwater oil projects and complex gas facilities worth around $200 billion have been cancelled or put on hold worldwide in recent months due to the sharp drop in oil prices over the past year, consultancy Ernst and Young said on Tuesday.

COLUMN-North Dakota's oil production has peaked: Kemp

LONDON, June 16 (Reuters) - North Dakota's crude oil output has peaked, according to the latest production data published by the state government, as the slump in prices takes its toll.

UPDATE 2-Soccer-FIFA says Nobel Center decision "isn't fair play"

* FIFA "reluctant to accept this unilateral approach" (Adds background, detail)

Soccer-FIFA "disappointed" about end of link with Nobel Peace

ZURICH, June 16 (Reuters) - FIFA says it is "disappointed" about the Nobel Peace Center's decision on Monday to end its cooperation on the Handshake for Peace Initiative.

Asia Naphtha-Bangladesh naphtha draws slightly better price

DHAKA, June 16 (Reuters) - Bangladesh Petroleum Corp (BPC) will sell 170,000 barrels of naphtha to Swiss Singapore Overseas Enterprises at a discount of 10 cents to Singapore quotes, slightly up from the last sale.

EU set to meet green energy goal but UK, Netherlands trail

* France, Malta, Belgium and Spain also need to boost efforts

Job losses in UK's North Sea raise skills and safety concerns

LONDON, June 16 (Reuters) - Cost-cutting in Britain's North Sea oil and gas sector could lead to more acute skills shortages in future, industry experts have warned, with some expressing concerns that safety could be compromised.

UPDATE 2-APR Energy sees 2015 results significantly below expectations

June 16 (Reuters) - APR Energy Plc said it expected its 2015 results to be significantly below market expectations, hurt by higher-than-anticipated costs of exiting from Libya and delayed contract negotiations.

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