Spot News

- Oil watchdog cuts demand forecasts
IEA also says threat of supply crunch has receded (FT)

- EU optimistic on defusing Ukraine gas dispute
But stresses aid dependent on reform of gas sector (FT)

- Green groups to sue over RBS investments
Action could be landmark lawsuit against UK Treasury (FT)

- China unexpectedly raises fuel prices
Raises gas and diesel prices to highest level ever (Reuters)

- Enterprise Partners to buy Teppco for $3.3bn
New company will control 48,000 miles of pipeline (FT)

- French government forces Areva’s ‘iron lady’ to bend
Board meets to rubber stamp the inevitable (FT)

- Canada’s Ontario province suspends nuclear reactor plan
Reactor would have been North America’s first in 30 years (FT)

- Oklahoma attorney-general charges BP with price manipulation
Alleges company artificially inflated US gasoline prices (Reuters)

- US high court nixes Chevron bid for Petroecuador arbitration
Chevron saddled with cost of Amazon environmental clean-up (Platts)

- Lex: Shell in Russia