Daily Archives: June 24, 2009

- US carmakers offered cheap loans to boost green vehicle production
Government sets aside $25bn in new scheme (FT)

- Anglo investors press for Xstrata talks
Investors surprised by Anglo’s fierce rejection of deal (FT)

- Total and Novatek seek blessing for gas deal
Company chiefs to meet prime minister Vladimir Putin (FT)

- Brussels clears RWE takeover of Essent
Demands RWE divest stake in SWB (FT)

- Nissan sets targets for electric car output
Plans to launch all-electric car in US and Japan next year (FT)

- Electric cars to start British road trials
Hundreds of electric vehicles to be subjected to ‘real life’ conditions (FT)

- OPEC won’t cut output in September, Kuwait says
Cartel will ask for more compliance with existing quotas (Bloomberg)

- GCL-Poly to buy solar assets for HK$26.4bn
Deal is big bet on solar energy in China (FT)

- Talks to resolve strikes at Total’s Lindsey refinery adjourned
Wildcat stoppages backing strikers continue to spread (FT)

- Drax places new shares for ‘breathing space’
Coal-plant operator aims to pay off debts by 2012 (FT)

- Aggreko’s power plants bolster results
International division performs strongly (FT)

- Sinopec Group reports $16.7bn refining losses in 2008
Company received $7.36bn in subsidies last year (Reuters)

- Lex: China’s clean energy and Anglo American’s defence

- Insight: Riding the commodity super cycle

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