Energy Update

You are here

Home » Global Read

RPT-U.S. shale firms revive hedging as oil rebounds, may vex OPEC

* Implied vol slides as producers seen buying three-way collars

COLUMN-LME swats a warehousing fly, but what about the tigers? Andy Home

LONDON, May 1 (Reuters) - The London Metal Exchange (LME) has fined one of its warehousing operators, CWT Commodities (Metals), 100,000 pounds ($149,000) for breaching information barriers with associated trading companies.

UPDATE 1-Itochu sees CP, CITIC link boosting net profit by a third in 3 years

* Projects record Y330 bln in net profit in 15/16 (Adds president's quotes and details from news conference)

Saudi Aramco gets new supreme council headed by deputy crown prince - statement

DUBAI, May 1 (Reuters) - Saudi Arabia has created a new 10-member supreme council for state-run oil company Saudi Aramco , headed by the kingdom's deputy crown prince, according to a statement on Aramco's website.

UPDATE 1-Energy services firm Cape wins 100 mln stg BP contract

May 1 (Reuters) - British energy services firm Cape Plc said it had secured a two-year contract from BP Plc worth 100 million pounds ($153.4 million).

REFILE-Europe calls for tougher limits on super greenhouse gases

BRUSSELS, April 30 (Reuters) - The European Commission on Thursday called for a tougher U.N. Montreal Protocol to protect the ozone layer by curbing super greenhouse gases known as HFCs, that have a global warming potential thousands of times greater than carbon dioxide.

Energy services firm Cape wins 100 mln stg BP contract

May 1 (Reuters) - British energy services firm Cape Plc said it had secured a two-year contract from BP Plc worth about 100 million pounds ($153.43 million).

Crude oil futures hold steady near 2015 highs

TOKYO, May 1 (Reuters) - Oil futures hovered around 2015-highs on Friday after posting their biggest monthly gains for six years in April, with trading thin as major markets were closed for the May Day holiday.

UPDATE 1-Tesla unveils suite of batteries for homes, businesses

LOS ANGELES, April 30 (Reuters) - Tesla Motors Inc unveiled Tesla Energy - a suite of batteries for homes, businesses and utilities - a highly-anticipated plan to expand its business beyond electric vehicles.

US Quadrennial Energy Report shows the will – but not the way – to modernizing the SPR

The Department of Energy’s QER must have been a disappointment to some, as a chapter devoted to the SPR merely recommended additional study.

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