Daily Archives: August 13, 2010

FT Energy Source

The FT’s Lex published a column on Friday on the Vedanta/Cairn Energy deal:

Anil Agarwal has never lacked ambition. So while his Vedanta Resources’ pursuit of a controlling stake in Bombay-listed Cairn India, 62 per cent controlled by London-listed Cairn Energy, was unexpected, it should not have been too surprising. Details of the approach by the London-listed and India-centred Vedanta are sketchy, but India’s largest onshore oilfield is the sort of thing that would appeal to the billionaire. Read more

Masa Serdarevic

Elsewhere this Friday:
- Entering a thicket, engineers quiz oil regulators
- Trust and climate diplomacy
- Ability to find new reserves now on a “knife edge”
- Embodied energy: an alternative approach to understanding urban energy use
- US oil spills hit support for Canada mega-pipeline Read more

Masa Serdarevic

- Aquarius Platinum to boost output – FT
- KNOC signals intent as Dana spurns advances – FT
- Oil rebounds after slumping to one-month low – Bloomberg
- SMA Solar keeps full-year outlook after mixed quarter – Reuters=
- Vedanta in talks to buy Cairn India stake – FT
- EPA proposes rules on greenhouse gas permits – Reuters
- Centrica boosts gas reserves with Suncor deal – FT
- To cut demand for electricity, some customers agree to unplug – NYT
- Gulf fishermen put BP on the hook for losses – FT Read more