Energy Daily: BHP: How shall I value thee?, Guard and goals changi...

 
 
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Tuesday December 10 2013
 
 
Energy
 
BHP: How shall I value thee?
 
Anything Rio can do, BHP can do better. The former is cutting spending by a fifth in 2014, the latter is promising a quarter cut. But at 7 times trailing ebitda, BHP investors have already factored that in.
 
 
 
Guard and goals changing for asset groups
 
 
US shale boom squeezes European chemicals
 
 
Inmarsat gets a lift after rocket launch
 
 
Scottish consumers warned over power bills
 
 
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Oil & Gas
 
Kentz to buy Valerus FS for $435m
 
Kentz shares rise by a tenth after it launches a $435m takeover of privately owned gas handling specialist Valerus Field Solutions
 
 
 
Can the Arctic be protected?
 
 
Builder shortages could slow expansion
 
 
Mexican energy bill set for rough ride
 
 
New twist in Mol dispute with Croatia
 
Mining
 
Record Chinese imports boost iron ore
 
Iron ore, the main commodity used in steelmaking, is seen as a proxy for industrial activity and construction in China, which imports more than half of the world's seaborne trade
 
 
 
Kazakhmys: Never mind the Bozshakol
 
 
Kazakhmys sheds power station
 
Nick Butler
 
Can the Arctic be protected?
 

One of the more regrettable conclusions from 2013 is that the Arctic cannot and will not be preserved and kept pristine from the process of economic development. The resource base is too substantial, the opportunity too tempting. As in the Garden of Eden the apple cannot be left untouched. Development is starting and will continue. The next question is whether it can be managed properly.

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Water deal offers solution to Dead Sea
 
 
'Super sewer' company appoints chairman
 
 
Renewables feel wind in their sails
 
 
 
 
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