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Reliance looks to buy LyondellBasell assets
The bankrupt international petrochemical group has assets that could be worth as much as $6bn and would mark the first large-scale overseas foray by Mukesh Ambani
Hampton to join board at Anglo American
The global mining company, emerging from an annus horribilis of collapsed markets and an unwanted approach, makes a show of strength with the appointment of Sir Philip Hampton
Concern over Eskom as chairman quits
The resignation of Bobby Godsell adds to apprehension in the South Africa’s private sector about the management of the giant state-owned electricity utility
Solar power’s prospects rise in the east
The Arab world is considering life once its oil and gas reserves are used up, and the region’s abundant sunshine seems to be the likeliest source of energy
Cash-strapped Suzlon to hold debt talks
Suzlon Energy is taking steps to build up its cash position and is weighing up whether to divest more assets to repair its balance sheet as it weathers the global financial crisis
Invicta Capital plans £300m fund
Invicta Capital, which provides investment opportunities for private clients, is seeking to raise a new £300m fund dedicated to the construction and operation of biomass combined heat and power plants in Scotland
Labour backs nuclear option on energy
Plans for a huge expansion of nuclear power were to be set out by the government on Monday, as it publishes an energy strategy designed to smooth the way for new power stations and other large infrastructure projects
Lex: Initial public offerings
Jitters in the IPO market attest to continued uncertainty, but are more likely to be speed-bumps on the road to recovery than road-blocks
Ukraine pays Russian gas bill
Ukraine’s prime minister, says the recession-ravaged country had squeezed enough funds from consumers and cash-strapped state coffers to pay a $500m October gas bill to Gazprom, Russia’s natural gas giant
EDF reactor timetable sparks concern
Potential delays to the construction of the state-controlled utility’s new generation nuclear reactor prompt the group to put teams to work around the clock
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