Energy Update

You are here

Home » Global Read

Asia Resource Minerals raises 68 mln stg via open offer

April 23 (Reuters) - Coal miner Asia Resource Minerals Plc said it raised about 67.8 million pounds through an open offer of shares as part of its efforts to recapitalise itself.

UPDATE 2-OMV's Q1 oil output falls on Libya, Norway

* 13 pct drop in sales (Adds detail, quote on sales in paras 1 and 3)

UPDATE 2-Technip sees onshore/offshore division lagging in 2015, better subsea

* Sees 2015 onshore/offshore operating profit at bottom of range

China's Xi says backs fair, balanced agreement on Iran

BEIJING, April 23 (Reuters) - Chinese President Xi Jinping told Iranian President Hassan Rouhani on Thursday that China would push for a "fair and balanced" nuclear agreement, a day after talks resumed between Iran and the European Union.

Arcadis growth dampened by Brazil, US weighs

AMSTERDAM, April 23 (Reuters) - Dutch engineering company Arcadis missed consensus earnings forecast in the first quarter, hurt by the turbulence in the Brazilian oil and gas industries and as its North American infrastructure business continued to weigh on results.

Technip Q1 EBITDA up; tweaks 2015 forecasts

PARIS, April 23 (Reuters) - French oil services provider Technip reported a 34.9 percent rise in first-quarter adjusted core profits on Thursday and tweaked its forecasts for 2015 as its subsea division was seen outperforming and its onshore/offshore unit lagging.

Oil trade off Yemen coast grew by 20% to 4.7 million barrels per day in 2014

(Thu, 23 Apr 2015) While Yemen is not a major oil-producing country, its coast borders the Bab el-Mandeb Strait, a narrow chokepoint between the Horn of Africa and the Middle East. This strait is a strategic route for Persian Gulf oil, natural gas, and petroleum product shipments to Europe and North America, as well as European and North African oil exports to Asia.

CERAWeek 2015, Day 3: The gas guys take the stage

Wednesday was supposedly natural gas day at IHS CERAWeek, but oil topics still leaked into some of the discussions and there was an announcement from a coal company.

UPDATE 1-Oil prices hold steady as Yemen bombing continues

* U.S.

UPDATE 2-South Korea economy picks up, may need more stimulus

* Markets price in another interest rate cut (Updates after news conference, new details, markets)

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