Energy Update

You are here

* BHP makes no promises on timing for capital return (Repeats to remove extraneous material, with no change to text)

* Worries about slowing rig count fall, refinery woes hit crude

Neste Oil is planning to integrate two refineries in Finland, with an investment of €250m, in order to cut down costs as well as its reliance on feedstock from Russia.

TORONTO, Feb 23 (Reuters) - A looming lockout at Canada's biggest railway threatens to delay imports from Asia and may compound a U.S.

HOUSTON, Feb 23 (Reuters) - Talks to end the largest U.S. refinery strike in 35 years are not expected to resume this week, sources familiar with the negotiations said on Monday after the number of plants hit by walkouts increased over the weekend.

NEW ORLEANS, Feb 23 (Reuters) - BP Plc on Monday appealed a federal judge's finding of the size of the 2010 Gulf of Mexico oil spill, which leaves the company potentially liable to pay $13.7 billion in fines.

FRANKFURT, Feb 23 (Reuters) - EU regulators aiming to build a strong energy union to weaken Russia's market power are planning to introduce a law that will require each member state to seek EU commission approval before concluding new gas contracts, German daily Sueddeutsche Zeitung said in an advance copy of its Tuesday edition.

* Worries about slowing rig count fall, refinery woes hit crude

Feb 23 (Reuters) - First Solar Inc and SunPower Corp said they were in advanced talks to form a joint venture, which will hold some of their solar power-generating assets.

MELBOURNE, Feb 24 (Reuters) - Global miner BHP Billiton posted a 31 percent drop in half-year profit as prices for all its main products collapsed, but beat market forecasts and flagged further belt tightening to withstand the tough conditions.

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.