Daily Archives: June 23, 2009

- India eyes tax holiday to lift energy sector
Needs to cut dependence on imports (FT)

- Total urges quick deal to end Lindsey dispute
Workers at Lincolnshire refinery on strike (FT)

- Narrow oil spreads put pressure on refineries
Fears that output cuts have permanently altered market (FT)

- GCL-Poly to buy China solar assets for $3.4bn
Deal comes as China plans more incentives for solar projects (Reuters)

- SMBC to be first Japanese bank to buy carbon credits
Will buy credits from South America, Southeast Asia and China (Nikkei)

- Thames Water poised for action if Ofwat plan disappoints
Privatised company could face credit downgrade (FT)

- Clash of cultures stands in way of Anglo-Xstrata ‘merger of equals’
Despite synergies, rival groups face tough obstacles (FT)

- South African unease as an icon shrinks
Anglo has passed its peak but concerns linger over job cuts (FT)

- Anglo and Xstrata forced to rethink remaining options
Anglo’s rejection sets stage for drawn-out battle (FT)

- Lex: Xstracting value

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