Ed Crooks The Source: fading hopes of a climate treaty this year; big oil services deal; electric cars; Gazprom gas contracts, and more

On Energy Source:

Energy headlines

Elsewhere:

UN climate chief downbeat on hopes of a treaty this year (FT)

Editorial: politicians risk making enemies of business over climate (FT)

Schlumberger close to $9bn Smith acquisition (FT)

Grids to harness power of electric cars (FT)

Gazprom adjusts gas contracts with Eon to loosen oil price link (Reuters)

BP, Statoil and Maersk interested in Greenland’s oil potential (Edmonton Journal)

The Pentagon promises $3 a gallon algae-based biofuel (Wired News)

Russia backs nuclear plant in Bulgaria (Business Week)

Waste water a problem for shale gas production in New York State (Reuters)