Daily Archives: November 25, 2009

Ed Crooks

President Obama has made an unexpected commitment to attend the Copenhagen climate talks in December. Perhaps more significantly, the US has confirmed that it will make an offer of a cut in greenhouse gas emissions: “in the range of” 17 per cent from 2005 levels by 2020.

Taken together, the two announcements increase the chances that the meeting will come up with a meaningful agreement. Read more

James Fontanella-Khan

Shell says $80 oil will halt debt rise
Oil group signalled that the steep rise in its debts is ending (FT)

Sinopec, TPG said to have weighed LyondellBasell bid
Move to challenge Reliance’s $10-12bn offer (Bloomberg) Read more