Spot News

- European airports pledge to become carbon neutral
Industry’s biggest commitment yet to fighting climate change (FT)

- Gazprom warns on delays to key field
Project is crucial for future European supplies of gas (FT)

- Gazprom delays raise supply crunch fears
Falling European output must be replaced (FT)

- Korea National Oil Company, Sinopec in $8bn battle for Addax
Sources say agreement could be reached in next two weeks (Reuters)

- Rio fundraising efforts exceed $625m in costs
Chinalco deal exit amounts to $195m (FT)

- ‘Cash-for-Clunkers’ auto vouchers plan heads for US Senate
Plan aims to encourage American to buy fuel-efficient vehicles (Bloomberg)

- Iberdrola to raise €1.25bn in share issue to keep rating
Move complements strategy of disposing non-core assets (FT)

- Talisman Energy to buy Rift Oil at 30% premium
Offering 13p a share for Aim-quoted exploration company (FT)