Energy Update

You are here

Home » Global Read

U.N. mulls blacklisting two Libyans to help political talks

UNITED NATIONS, June 4 (Reuters) - The United States, France, Spain and Britain have proposed that the United Nations Security Council blacklist two men linked to rival administrations in Libya, in hopes that doing so will help U.N.-led talks aimed at forming a unity government to end the power struggle.

UPDATE 1-After Nestle, India to widen checks to other noodle makers

NEW DELHI, June 4 (Reuters) - India's food safety regulator has ordered state governments to check all noodle products made in the country after high lead levels were found in Nestle India's noodles.

Coal giant Peabody faces federal scrutiny over clean-up insurance

WASHINGTON, June 4 (Reuters) - Coal giant Peabody Energy has been among the harshest critics of federal energy policies, joining a court challenge to the Obama administration's new clean air regulations and denouncing its promotion of renewable fuels.

UPDATE 2-Rescued Areva faces uncertain future as nuclear fuel group

PARIS, June 4 (Reuters) - France's Areva faces an uncertain future as a specialised nuclear fuel supplier, as a state rescue moves its core nuclear reactor activities to its utility customer EDF.

EBRD sees record $1 bln investment as Kazakhstan diversifies economy

ASTANA, June 4 (Reuters) - The European Bank for Reconstruction and Development said on Thursday its lending on projects in Kazakhstan was set to hit a record high of around $1 billion this year as the country races to diversify its oil-based economy.

RPT-UPDATE 3-U.S. EPA finds no 'widespread risk' to drinking water from fracking

WASHINGTON, June 4 (Reuters) - Fracking has not led to widespread, systemic pollution of drinking water, the U.S. Environmental Protection Agency said on Thursday in a long-awaited study, though it warned that certain drilling activities could pose potential risks.

Cheap coal, giant batteries may keep gas waiting for its golden age

PARIS, June 4 (Reuters) - In 2011 the International Energy Agency (IEA) saw potential for a "golden age of gas". Four years on, cheap coal still stands in the way, and new power storage technology is making renewables a real threat. Gas may need a new plan.

This time, low price signals longer-lasting retrenchment for oil industry

LONDON, June 4 (Reuters) - The slump in crude prices has jolted the oil industry into deep cost cutting which, unlike the previous downturn, could last for a few years at least.

The Oil Big Five: Waiting for June's big oil news announcements

There are certain months that have obvious potential for big news, and June looks like one of them. Check out our list of top oil topics for June, and tell us your biggest topics in the comments.

Lukoil may cut price to close Kazakh deal with Sinopec

MOSCOW, June 4 (Reuters) - Russia's second largest oil company Lukoil is in talks with China's Sinopec over a stalled sale of assets in Kazakhstan, and is ready to cut its price by up to 10 percent, industry sources said on Thursday.

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