Spot News

- BP moves to settle TNK clash
UK group nominates Russian as new chief (FT)

- Rio Tinto agrees 33% cut in iron ore price
Move sets benchmark after prolonged negotiations (Reuters)

- Germany set to cut industry power bills
Plan could fall foul of Brussels (FT)

- Oil market cautious before Opec meeting
Saudi oil minister’s comments suggest no change in output (FT)

- Saudi warns of $150 oil within three years
G8 energy ministers urge more investment in capacity (FT)

- EDF chief calls for support for nuclear industry
Aims to compete with other low-emission sources (FT)

- Pressure rises on Miliband’s energy policy
Industry urges support for nuclear power (FT)

- Nigeria hopes to learn from Shell ‘mistakes’ in oil-rich region
Plans to revive Ogoniland production face legacy of mistrust (FT)

- Ogilvy Earth veers away from traditional role
Will create practice to launch sustainability-themed campaigns (FT)

- Business Life: Old law exumed by rights fighters
Chevron case highlights complexity of legal actions (FT)

- Lex: PetroChina