- O&G reserves rise despite decline in investment - Rigzone

- National Grid picks ex-Cadbury finance director - FT

- Iraq lifts oil reserves estimate, overtakes Iran - Bloomberg

- No carbon market boom without US - Reuters

- Goal looms for UN: ending ‘energy poverty’ - NY Times Green Blog

- World’s biggest solar project powers up in Canada - Reuters

- Barclays makes big bet on shale - WSJ

- Cancún failure would make climate talks ‘irrelevant’, EU negotiator warns - Guardian

- Climate chief urges nations to show deal can be done - Reuters

- Enel Green Power prepares €3bn IPO – WSJ

- Japan recycles minerals from used electronics - NY Times Green Blog

FT Energy Source

Climate talks in Tianjin put spotlight on China - WSJ

- Tide turns on search for oil in North Sea - FT

- Getting past the politics of climate change - NY Times Green Blog

- GE emerges as mystery bidder for Wellstream - FT

- Sinopec pays ‘very high’ premium for Brazil oil – Bloomberg

- Dudley must be decisive in putting his stamp on BP - FT

- Obama says Republicans would cut US clean energy incentives - Bloomberg 

- Climate talks put top emitter China in hot seat - Reuters

- Republican urges Obama to crack down on Cuban drilling plan - The Hill

Our apologies, but there will be no podcast this week.

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”.

To continue reading, please go to the website.

Masa Serdarevic

From FT’s Lex column today:

As BP nears its goal of sealing the rogue oil well in the Gulf of Mexico, the stage for the Macondo calamity could soon shift from the seabed to the courtroom. BP owns 65 per cent of the well, but has been paying 100 per cent of the cost of the response so far – $4bn in clean-up costs and $277m in claims, and counting. That has left its partners in the Macondo venture – Anadarko, with 25 per cent, and Mitsui, with 10 per cent – out of the limelight, and off the financial hook. Even as estimates of the scale of the spill are tempered, the battle over who pays for it may be about to heat up. 

To continue reading, please go to the full article on the Lex website.

James Fontanella-Khan

- Move to halt BP drilling off Libya - FT

- BP to begin permanent plug of Gulf of Mexico well this week – Bloomberg

- BP questioned on use of dispersant – Upstream

- Dana and KNOC to meet for crucial bid talks – FT

- S Africans stake claims to Congolese oil - FT

- EPA rejects petitions to reconsider danger of greenhouse gases

- Lessons from two important climate forecasts

- On our radar: BP writes off spill costs

- Fight gears up on biomass

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