Energy Update
May 20 (Reuters) - BP Plc has settled with oilfield services provider Halliburton Co and contract driller Transocean Ltd cross claims related to the 2010 Gulf of Mexico oil spill, the worst offshore disaster in U.S. history.
NEW LONDON, Conn., May 20 (Reuters) - Rising seas and thawing permafrost caused by warmer global temperatures threaten U.S. military bases and will change the way the U.S. armed services defend the country, President Barack Obama said on Wednesday.
Differentials for Latin American crude grades were slightly weaker May 18 as the ICE Brent/NYMEX crude contract spread narrowed by 31 cents/b.
A week-on-week decrease in buying interest for light sweet crude in the US Gulf Coast following a string of planned and unplanned refinery issues resulted in a lower differential for Light Houston Sweet.
Turkey-based construction services provider Hatipoglu Insaat San has selected Neste Jacobs to provide engineering services for a rail car loading facility for Turkmenbashi refinery in Turkmenistan.
GOLETA, Calif., May 20 (Reuters) - An oil pipeline that burst along the California coast, fouling a pristine beach and a stretch of ocean near Santa Barbara, is believed to have spilled up to 2,500 barrels of crude petroleum, about five times more than initially estimated, the pipeline company said on Wednesday.
May 20 (Reuters) - BHP Billiton Plc will pay $25 million to settle charges that it violated a U.S. anti-bribery law by failing to properly monitor a program under which it paid for dozens of foreign government officials to attend the 2008 Summer Olympics in Beijing.
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.