Spot News

Dynegy sells $1bn in power assets
Sale will allow Dynegy to service its near-term debt (FT)

Eon nears €3bn Thüga sale
Thüga’s local units generated €16.4bn revenues in 2008 (FT)

Shell reviews options on Stanlow refinery and may sell plant
Europe’s largest oil company tries to cut spending (Bloomberg)

US says refineries bought oil smuggled from Mexico
American oil executive pleads guilty to conspiracy (NYT)

Lex: US power plants
Extraordinary boom-bust cycle for US power market (FT)

New Earth in £15m issue for growth
Company spurred by increasing demand to get energy from waste (FT)

IBIA assesses plans to curb bunker fuel emissions
Measure considered to curb greenhouse gas emissions (Argus)

Quorum Oil to launch $50m fundraising
Company has several exclusive deals lined up (FT)