James Fontanella-Khan Spot News

Asia hits back on climate change
India and China say West has ‘talked but not done much’ (FT)

US refining may drop by a quarter on climate bill, API says
Climate bill may cause greater dependence on fuel imports (Bloomberg)

Iraq showcases oil fields for next slate of auctions
Country hopes to attract international companies (WSJ)

‘Peak Oil’ is a waste of energy
Theory of geological scarcity closer to myth (NYT)

Centrica secures control of Venture
Utility group takes 58.7 per cent share (FT)

Petrofac rides out falling oil prices
Turnover comes from engineering and construction to oil industry (FT)

Nippon Oil, Iraq agree on Nassiriya oil field
Biggest stumbling block on financing cleared (Reuters)

Crude oil and gas prices take divergent paths
Prices jumped to widest since early 1990 (FT)

Dutch Vopak bulks up ethanol storage as imports fall
Eight new tanks commissioned at Rotterdam port (Argus)

Climate activists target London institutions
Protesters set for week-long annual “Climate Camp” in London (FT)

Fear of CFTC regulations forces changes
Impending limits on energy trading sends tremors (FT)