Spot news

Wind farm group seeks £1bn loan from EIB
Loan to cover almost half the costs of the project’s first phase (FT)

EU proposes rules to help prevent gas-supply crisis
Move to to ensure the EU is better prepared to face shortages

Lex: Green Exxon
Algae could pay big dividends down the road (FT)

Natural gas rises 12% but is off 35% for 2009
Government data showed a modest build in US gas inventories (WSJ)

Ecuador seizes Perenco oil fields
Move follows a long-running tax dispute (FT)

View of the Day: Time for a commodity rebound
Recent sell-off provides a compelling entry point for investors (FT)

Shell weighs staff cuts at Gulf refineries
Oil group considers cuts to reduce costs in the current recession (Reuters)

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