Daily Archives: August 19, 2010

Fiona Harvey

On a recent visit to Drax, the biggest coal-fired power station in the UK, Fiona Harvey was struck by the cluster of 12 wind turbines that have sprung up just beside the water-vapour belching cooling towers. But the local peoples’ opposition to the turbines was the biggest surprise. Read more

FT Energy Source

Here’s the FT’s Lex on BHP Billiton’s $39bn offer for Canada’s PotashCorp:

A hostile bid in fertile territory, or fertile minds getting carried away? Industrially, BHP Billiton’s $39bn offer for Canada’s PotashCorp makes some sense. Demand for potash – used to improve crop yields – is robust, and PotashCorp is the largest producer, with more than a fifth of global mineral fertiliser capacity. The key word is “producer”. Read more

Masa Serdarevic

Elsewhere this Thursday:
- Iran gas ambition requires China to crack LNG secret
- “No more beating up on BP”: Mediator takes reins spill claims
- Whisky (biofuel) coming up!
- Leery of Washington, Alaska feasts on its dollars
- OPEC’s spare capacity: Will it disappear by the end of 2011?
- Finding new ways to fill the tank Read more

Masa Serdarevic

- BHP turns hostile with $39bn Potash bid – FT
- Shell may spend up to $50bn in Australia over 10 years – Bloomberg
- Blackstone to invest $4bn in India – FT
- Vestas posts surprise loss and cuts outlook – Reuters
- Renewables investors fear withdrawal of subsidies – WSJ
- ENRC looks to extend Africa presence – FT
- Indonesia may cancel permits to save forest – Reuters
- Crude oil rises as Chinese equities gain, improving fuel demand outlook – Bloomberg
- Exxon abandons bid for Ghana stake – FT Read more