Energy Update

You are here

Home » Global Read

N.J. Gov. Christie vetoes environmental bill passed after Exxon deal

May 11 (Reuters) - New Jersey Governor Chris Christie on Monday vetoed legislation that would have directed more money from environmental legal settlements to be used to fund cleanups of pollution.

Brazil to sweeten infrastructure package to woo investors -officials

BRASILIA, May 11 (Reuters) - Brazil could offer an improved rate of return for investment in multibillion-dollar projects aimed at overhauling its aging infrastructure and ease requirements as it seeks to lure more private capital, five officials close to policy talks told Reuters.

UPDATE 3-Anglo may raise Brazil iron ore capacity to 29 mln t/yr by 2018-20

BELO HORIZONTE, BRAZIL, May 11 (Reuters) - Anglo American may increase capacity at its Minas-Rio iron ore mine in Brazil by nearly 10 percent, a move that could cut unit costs at the troubled $13 billion project, the company's Brazil chief executive said on Monday.

Morgan Stanley to sell Global Oil Merchanting business to CCI

May 11 (Reuters) - Morgan Stanley said it would sell its Global Oil Merchanting business to Castleton Commodities International LLC, a privately held U.S. energy merchant, for an undisclosed sum.

UPDATE 1-BP Whiting refinery workers approve pact, end strike -union

HOUSTON, May 11 (Reuters) - Striking workers at BP Plc's Whiting, Indiana, refinery ratified a new four-year contract on Monday, formally ending a three-month work stoppage, said the president of the United Steelworkers local chapter representing the hourly employees.

UPDATE 1-Nigeria, Chad troops should cooperate in Boko Haram fight -Chad's Deby

ABUJA, May 11 (Reuters) - Chad's President Idriss Deby said on Monday in Nigeria's capital Abuja that the fight against Islamist Boko Haram insurgents was being hindered by failure of the two countries' troops to work together.

China's state firms cool on new derivatives power

HONG KONG/BEIJING, May 12 (Reuters) - Chastened by several high-profile calamities in the recent past, many of the state companies China has freed to trade overseas derivatives will be sitting on their hands, put off by the risks or a lack of expertise.

Start now for cheaper carbon-free growth - World Bank - TRFN

BARCELONA, May 11 (Thomson Reuters Foundation) - Countries around the world can move their economies onto a path that cuts net emissions of climate-changing gases to zero at an affordable cost but they should start now, the World Bank said.

Energy debt investors reap gains on oil rise, but risks loom

NEW YORK, May 11 (Reuters) - The rebound in oil prices since mid-March is paying off for holders of corporate bonds of energy companies, and investors are confident that they will outperform Treasuries this year, despite lingering risks.

UPDATE 3-Ghana and Ivory Coast leaders discuss maritime dispute - parties

GENEVA/ACCRA, May 11 (Reuters) - The presidents of Ghana and Ivory Coast on Monday held talks on a maritime dispute hanging over oil projects near their shared border, the two sides said in a joint statement released in Accra.

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