Energy Daily: US and UK steer clear of Brazil oil auction, Crime g...

To view this email as a webpage, click here     Friday September 20 2013     Energy   US and UK steer clear of Brazil oil auction   The auction drew only a quarter of bidders expected by the government, as concerns rise over onerous state controls in the industry       Crime gangs blamed for Nigeria oil theft     Whale tale shows data can distort reality     Iran seeks reforms to kick-start economy     Admin costs for BP spill deal soar above $600m         Oil & Gas   Oil traders face uncertain times   Perceptions and expectations dominate the price of crude like no other commodity, except perhaps gold – as the reaction to the Syria crisis shows       Gulf Keystone trims losses     Commodity markets need banks, says report     Mexico hedges oil output at record price     Petrobras plans $9bn boost to cyber security   Mining   S Africa police lied, says Marikana inquiry   Further hearings would be delayed while government commission investigated how much misleading evidence had been submitted       Mineral groups discover a rock-solid base for their operations     Romanian gold project stalls     Vale to sell logistics stake to Mitsui   Nick Butler   Made in China – the world energy market   The importance of China in the global energy economy can hardly be overstated. Chinese consumption drives the world market prices of oil, gas and coal. According to a new forecast from the US Energy Information Administration, China could well become the largest importer of oil in the world as soon as this autumn. But how secure is the Chinese economy and what would happen to the energy market if the glory days come to an end.? To illustrate the current reality lets look at a few statistics. Continue reading »       Westinghouse close to Sellafield deal     Azerbaijan gas decision to disappoint Brussels     UK wind power industry enjoys jobs surge         Manage email    Forward this email   Feedback    Manage portfolio Subscribe to the FT Follow the FT   Unsubscribe | My Account | RSS | Privacy Policy | About Us | Help   © THE FINANCIAL TIMES LTD 2013 You have received this email because you have signed up from the NBE preference page. This email was sent by a company owned by Pearson plc, registered office at 80 Strand, London WC2R 0RL. Registered in England and Wales with company number 53723.