James Fontanella-Khan Spot News

Reliance to offer about $10bn for Lyondell
Scale of the bid highlights the growing confidence of Indian groups (FT)

Shell in talks to by 10% of Essar Oil
At current market prices, the stake would be worth $364m (Reuters)

Europe looks to lead green revolution
Future of manufacturing to revolve around green products (FT)

Lex: Fight to be eco top dog hots up
General Electric, Siemens and Philips have long been rivals (FT)

China Longyuan said to seek up to $2.3bn in IPO
China’s biggest wind power producer to sell 2.14bn shares (Bloomberg)

Business coalition calls for firm CO2 treaty
No action without a clear regulatory framework (FT)

Heritage to sell Ugandan fields to Eni
Deal worth about $1.3bn (FT)