Energy Update

You are here

Home » Global Read

UPDATE 1-Trafigura posts record profit on strong oil, metals trading

SINGAPORE/LONDON, June 8 (Reuters) - Switzerland's Trafigura reported record first half net profit on Monday on the back of stronger oil and metals trading, illustrating how trading houses have benefited from market volatility and price structure in recent months.

Churchill Mining and Indonesia in talks on settling coal dispute -source

JAKARTA, June 8 (Reuters) - London-listed Churchill Mining and the Indonesian government are holding talks aimed at reaching a settlement over a long-running dispute for one of the world's biggest coal reserves, a source familiar with the negotiations said.

UPDATE 2-China's May crude oil imports drop, knocked off top buyer spot

* Imports drop as refineries use crude from commercial storage

Disunity simmers as EU nations pursue single energy market

* European Commission seeks national plans by mid-2017 -document

Showdown sets trading records in Singapore's fuel oil market

* Over $750 million worth of fuel oil traded 1st week of June

Asia Coal Energy raises offer price for coal miner ARMS

June 8 (Reuters) - Asia Coal Energy Ventures (ACE) on Monday raised its offer price for the Indonesia-focused coal miner Asia Resource Minerals by about 37 percent.

UPDATE 4-Oil prices fall as China's crude imports tumble, OPEC keeps production high

* Analysts expect further price falls (Adds comment, updates prices)

UPDATE 2-Indonesia to review coal mining licences in consolidation push

* Critics say new power plant plans are too ambitious (Recasts with benchmark coal prices, royalty plans)

North American oil production flush with increasing efficiencies: New Frontier

The US and Canada aren't slowing oil production, as many predicted when it appeared oil prices were settling into a lower pattern for an extended time period.

New data series show more detail for crude oil stocks, storage by region

(Mon, 08 Jun 2015) In an effort to better present crude oil storage capacity and use across the United States, EIA has prepared new tables as part of the semiannual Working and Net Available Shell Storage Capacity Report. The new series show crude oil stocks held at refineries crude oil in tanks and underground storage in each Petroleum Administration for Defense District (PADD). Previously, this information was only available at the national level.

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