Energy Daily: Buffett takes $3.7bn stake in ExxonMobil, Ofgem quer...

 
 
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Friday November 15 2013
 
 
Energy
 
Buffett takes $3.7bn stake in ExxonMobil
 
Filing reveals purchase was funded in part by share sale in ConocoPhillips and that stakes in GlaxoSmithKline were reduced but increased in Davita Healthcare
 
 
 
Ofgem queries energy charges' claims
 
 
Serco must grovel back to indispensability
 
 
Gazprom lifts forecast on Europe exports
 
 
Centrica warns on profit after price rise
 
 
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Oil & Gas
 
Oil benchmark price gap widens
 
Commercial crude stockpiles climbed 2.6m barrels to 388.1m barrels in the week to November 8, higher than the 1m forecast by analysts
 
 
 
Singapore moves to secure African LNG
 
 
Ophir Energy: Dar es gas
 
 
Ukraine's shale gas lures west
 
 
IEA says oil easing to be shortlived
 
Mining
 
Rio Tinto may raise stake in Oyu Tolgoi
 
Turquoise Hill, its Canada-listed unit that owns the mine, has announced a planned rights issue of up to $2.4bn amid delays obtaining financing
 
 
 
Barrick underwriters left with stock
 
 
Ave atque Vale
 
 
Vulnerable silver may get Yellen respite
 
 
Mechel shares plunge amid debt fears
 
Utilities
 
RWE to cut jobs as earnings collapse
 
German utility group plans to cut about 6,750 jobs as it struggles with fall in wholesale energy prices and growth in green energy generation
 
 
 
SSE profits fall on retail energy losses
 
 
Barclays blundered in hiring box-ticker
 
 
China: The road to reform
 
 
 
 
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