Spot News

- Commodity trading powerhouse Glencore explores listing
Partnership structure seen as barrier to growth (FT)

- Glencore taps rich seam of commodities
Firm’s unique model makes it key world player (FT)

- PetroChina in talks on UK investment
Move would be company’s first into European refining (FT)

- Indian Oil may spend $1bn on acquisitions, chairman says
May buy oilfields as it increases processing capacity (Bloomberg)

- Bluenext signs Chinese carbon credit deal
Deal creates trading platform for Chinese emission credits (FT)

- Almost 900 strikers sacked at UK Total refinery
Strike prompts sympathy walkouts at British power stations (Reuters)

- Gazprom increases its hold on Sibir
Appoints new chief executive (FT)

- Argentina’s YPF to spend $380m on refining upgrade
Aims to expand capacity for higher-quality diesel and gas (Platts)

- Santos signs LNG deal with Petronas
Agreement is milestone for Gladstone LNG project (FT)

- Lex: Glencore and BHP/Rio and China