Energy Update

You are here

HOUSTON, June 11 (Reuters) - Motiva Enterprises said on Thursday it aims to trade its own gasoline, diesel and the components needed to make them in a new organization separate from its co-owner, Royal Dutch Shell.

US low density polyethylene prices were assessed June 10 at $1,378-$1,400/mt FAS Houston, down $22/mt, as producers' offers into key export destinations trended lower.

The US natural gas production growth is impressive itself, but what makes it even more impressive is the growth has come while prices have been depressed and demand has lagged.

Since the start of 2015, molybdenum has moved in a very narrow range. What changed this year to create this new pattern?

* Hess shares rise as much as 6.5 pct (Adds analyst comment, valuation details; updates shares)

(Updates throughout) By Wilda Asmarini JAKARTA, June 11 (Reuters) - Global energy companies are expected to continue to reduce oil and gas production in Indonesia next year, the country's upstream energy regulator said on Thursday. Indonesia was once self-sufficient in oil and gas but has struggled for years to attract investment to halt declining output - difficulties that have been exacerbated by the current environment of weak oil prices.

BOGOTA, June 11 (Reuters) - Colombia's FARC rebels attacked an energy pylon in the southern province Caqueta, leaving 500,000 people without electricity, the military said on Thursday as the Marxist group steps up attacks on infrastructure amid stumbling peace talks.

BRUSSELS, June 11 (Reuters) - EU Climate Action and Energy Commissioner Miguel Arias Canete on Thursday launched a plan to turn the Mediterranean region into "a major gas marketplace" as part of European Union efforts to reduce dependency on dominant oil and gas supplier Russia.

LONDON, June 11 (Reuters) - Britain's budget watchdog has slashed its forecast for how much tax will be paid by the oil and gas industry over the next 25 years, a move that highlights the fiscal challenge that would be faced by an independent Scotland.

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.