James Fontanella-Khan Spot News

How to resolve the green paradox
Reducing emissions for the future accelerates climate change now (FT)

India needs to put its bleak houses in order
What the Ambani brothers’ legal dispute reveals about India (FT)

Lex: Oil service companies
As an investment strategy it has patently failed (FT)

Lex: Gazprom
Exports to Europe fell 30% in first-quarter results (FT)

Australia approves $42bn LNG project
Chevron to decide on development investment (FT)

Repsol Peru gas lot seen reserved for domestic use
Worries of fuel shortages for Peruvians (Reuters)

Cnooc to boost reserves as profit beats estimates
Chinese oil company will step up exploration and acquisitions (Bloomberg)

Terra Firma takes stake in US renewable energy sector
UK private equity group invests in wind farms (FT)

Gorgon go-ahead rallies energy groups
Project offers Australia chance to be world’s top LNG producer (FT)

Tullow interim profits drop 81%
Oil company urges investors not to lose sight of growth prospects (FT)

U.S. biofuel boom running on empty
Two-thirds of U.S. biodiesel production capacity now sits unused (WSJ)

US natural gas storage worries grow
Insufficient capacity levels may hit production (FT)

Sukuk attracts cash-rich banks
Creditworthiness of Saudi Electricity Company lures investors (FT)

Lamprell scraps dividend as orders dry up
CEO blames oil price weakness and difficulty obtaining credit (FT)

GDF-Suez hit by union’s results leak
Unions leaked net profit in campaign to force pay increases (FT)

Niceness prevails at London protests
Climate camps show they are taking “softly softly” approach (FT)

Use slime to save planet, say UK experts
Slime-covered buildings, artificial trees best ways to cool planet (FT)