Daily Archives: November 26, 2009

James Fontanella-Khan

Obama to offer cuts at Copenhagen
US set to reduce emissions by 17% from 2005 levels by 2020

China’s Wen will join Obama at Copenhagen climate talks
China and US are the biggest biggest producer of greenhouse gasses (Bloomberg)

EnCana shareholders agree on split
Canadian group to be divided into two publicly traded companies (FT)

Lower oil hurts Rosneft’s net
Russia’s number-one oil producer posted a 66% drop (WSJ)

Brookfield Renewable Power sells C$300m
Toronto-Dominion, Bank of Nova Scotia and CIBC to advise (Reuters)

How saving the planet adds up
Despite the downturn, green has remained the new black for retailers (FT)

Buildings are key to tackling emissions
Good news is that greening buildings are not rocket science (FT)

UK chemicals sector bids for support
Sector has suffered a wave of plant closure (FT)

English winemaker toasts climate change
This year has produced another bountiful harvest (FT)

Ed Crooks

On Energy Source:

Obama will go to Copenhagen, and the US will offer a cut in emissions

Shell CEO sets out his strategy and challenges


China seeks to boost production and raise imports to tackle gas shortage (Xinhua)

…while Ukraine wants less gas, and Russia shows mercy on take-or-pay contracts (Tehran Times)

Ed Crooks

Peter Voser, the CEO of Shell, is reported in today’s FT as suggesting he had brought the company’s debts under control, with some help from the bounce-back in the oil price, and that if oil remained at $80 Shell would not need to add to its borrowings next year.

He was talking at a lunch for a handful of reporters in London, at which the conversation ranged over most aspects of Shell, the company he took over in July. (He was previously chief financial officer.)

Here are some of the other key points from what he said:

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