Spot News

Warning sounded over sharp rises in oil price
Rising prices could derail economic recovery (FT)

Crisis and climate force supply shift
Companies increasingly looking closer to home (FT)

Asian bid for African oil overstated, says study
Study dismisses idea Africa’s oil exporters are exploited (FT)

A dream of hydrogen
$100m to keep promise of hydrogen cars alive (NYT)

North Carolina: Effort to ban wind turbines
Bill bans wind turbines from scenic ridgelines (NYT)

Nigeria’s Oando targets dormant fields
$1.3bn move to expand production (FT)

Q&A: Wale Tinubu, group CEO of Oando
Tinubu outlines plans to turn company into ‘African major’ (FT)

Chevron makes Angolan oil find
West African nation’s growing significance to Chevron (WSJ)

Idemitsu restarts CDU after delay
Japan’s third-largest refiner hit by depressed demand (Reuters)

Indonesia’s Texas? Rural Java braces for oil boom
Oil production could start to flow from Cepu field (Reuters)

Centrica wins approval to buy 20% stake in British Energy
Deal marks Centrica’s debut in the nuclear market (FT)

Turkey in nuclear energy pact
Concern over Turkey’s dependence on Russian energy (FT)