Energy Update

You are here

Home » Global Read

UPDATE 1-Advanced drillships become burden for owners as business dries up

* Margins hit by cost of maintaining idle state-of-the-art rigs

U.S. oil rig decline smallest since December -Baker Hughes

March 27 (Reuters) - The number of rigs drilling for oil in the United States declined by 12 this week to 813, the smallest decline since December, oil services firm Baker Hughes said in its closely watched survey on Friday.

RPT-IPOVIEW-Shaky markets slow US IPO momentum

March 27 (Reuters) - The number of U.S.

Brazilian police arrest another executive in Petrobras probe

SAO PAULO, March 27 (Reuters) - Brazilian police on Friday arrested the CEO of Grupo Galvão, the latest executive arrested in a corruption probe focused on state-run oil firm Petroleo Brasileiro SA.

IPOVIEW-Shaky markets slow US IPO momentum

March 27 (Reuters) - The number of U.S. initial public offerings fell sharply in the first quarter as shaky equities and commodities markets took their toll, after a record number of companies went public last year.

Advanced drillships become burden for owners as business dries up

* Margins hit by cost of maintaining idle state-of-the-art rigs

Split Decision on Ormat’s Motion to Dismiss Ex-Employees’ Claims of Cash Grant Fraud

The March 24 opinion from the U.S. District Court for Nevada granted in part and denied in part Ormat’s motion to dismiss an action brought by ex-Ormat employees under the False Claims Act. The ex-employees are alleging fraud by Ormat in its preparation of three Section 1603 cash grant (Cash Grant) applications for geothermal projects. In theory, either party could appeal, but that seems unlikely.

UPDATE 1-UK North Sea workers give overwhelming support for strike ballot - unions

LONDON, March 27 (Reuters) - Trade unions Unite and GMB said members working offshore in Britain's oil and gas industry had shown overwhelming support for industrial action over proposed changes to their terms and conditions in a consultative ballot which closed on Friday.

Hi-tech and Big Data offer hope to battered US oil industry

WILLISTON, N.D., March 27 (Reuters) - The tech geeks are coming to the oil industry's rescue.

Focus on Digester Health for Efficient Biogas Operations

Turning organic waste, such as manure, food scraps or expired food products into biogas is a modern type of alchemy that uses process-based technologies including an anaerobic digester, the organic waste feedstock, bacteria and by maintaining the proper temperature and pressure levels.

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