Energy Update

You are here

NEW YORK, June 11 (Reuters) - A U.S. government weather forecaster on Thursday pegged the chance of El Nino conditions lasting into the Northern Hemisphere winter 2015-16 at 85 percent, extending its outlook for how long the conditions will last.

June 11 (Reuters) - A 1940 clip of the Tacoma Narrows suspension bridge in the United States stretching like chewing gum in a gale captured the imagination of a Spanish engineering student who became obsessed with how he could turn that chaos into power.<

DUBAI, June 11 (Reuters) - Saudi Arabia-based Arab Petroleum Investments Corp.

June 11 (Reuters) - Oil and natural gas producer Hess Corp said it will sell half of its Bakken midstream assets to Global Infrastructure Partners for $2.68 billion.

LONDON, June 11 (Reuters) - Oil major Shell is considering withdrawing from its last exploration well in Ukraine as the project has been on hold for nearly a year due to the conflict between pro-Russian separatists and Ukrainian forces.

June 11 (Reuters) - Cenovus Energy Inc said it had resumed normal operations at its Foster Creek oil sands site in Alberta after a forest fire led to a precautionary shutdown on May 23.

* For table on oil demand/supply, click here: (Adds details on non-OPEC supply, quote from 10th para)

BEIJING, June 11 (Reuters) - China's crude througput grew 7.4 percent in May from the same month a year ago to 43.92 million tonnes, data from the National Statistical Bureau showed on Thursday.

* But strong fuel demand, Canadian wildfires support U.S. crude (Adds Korean rates, Iraq crude price, comment, updates prices)

(Thu, 11 Jun 2015) The U.S. Energy Information Administration (EIA) contracted with Leidos Corporation to analyze the impact on ocean-going vessel fuel usage of the International Convention for the Prevention of Pollution from Ships (MARPOL) emissions control areas in North America and the Caribbean.

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.