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Power & Energy Commodity News

Oil slips on scepticism over Opec cuts

Source: Financial Times, 17th September 2014

Analysts were sceptical that Opec members would agree to a collective production cut at the cartel’s forthcoming meeting in November

Read the full article on FT.com

Oil battle fuels Africa’s lengthy conflict

Source: Financial Times, 17th September 2014

Oil exploration plans, which could have implications for drilling in other contested regions, is reinvigorating the battle over Western Sahara

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Battle for oil in ‘Africa’s last colony’

Source: Financial Times, 17th September 2014

Oil exploration move, which could have implications for drilling in other contested regions, is reinvigorating the battle over Western Sahara’s future

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Spain’s EC nominee sells oil holdings

Source: Financial Times, 16th September 2014

Miguel Arias Cañete, Spain’s nominee for EU energy and climate change chief, divests shares to ease concerns over conflicts of interest

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Petropavlovsk plans rights issue

Source: Financial Times, 16th September 2014

Indebted UK miner, struggling with low gold price and Ukraine political turmoil, in bid to refinance some $310m of bonds due next year

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Why China's Insatiable Appetite For Coal Has Likely Peaked

London, 16 September 2014

A recent report from Greenpeace found that China's coal consumption declined in the first half of this year and new Chinese government data suggests that the country's coal imports have dropped. Estimates indicate that by the end of the year, China's coal imports could be 8 percent below 2013 levels.

Read more: Why China's Insatiable Appetite For Coal Has Likely Peaked

China to impose ban on low-grade coal

Source: Financial Times, 16th September 2014

Already smarting from a drop in iron ore prices, the sector faces new Chinese limits on ash and sulphur content that will come into effect next year

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Lozoya drags Mexico’s Pemex from its solitude

Source: Financial Times, 15th September 2014

Mexico’s oil monopoly must run itself like any other large international company, says its turnround champion and chief executive

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Glasenberg ponders Glencore’s next move

Source: Financial Times, 15th September 2014

The lack of meaningful overlap between Glencore and Rio Tinto would make the creation of a ‘GlenTinto’ a powerful alternative to BHP

Read the full article on FT.com

Lozoya drags Pemex from its solitude

Source: Financial Times, 15th September 2014

Mexico’s oil monopoly must run itself like any other large international company, says its turnround champion and chief executive

Read the full article on FT.com