Energy Daily: BP wins battle to limit Gulf payouts, Rio to cut cap...

To view this email as a webpage, click here     Tuesday December 03 2013     Energy   BP wins battle to limit Gulf payouts   BP argued compensation settlement was being misinterpreted to allow businesses that had not suffered any harm to claim for apparent losses       Rio to cut capex by $6bn in two years     Shale gas to transform Grangemouth's fortunes     Thames Water proposes 11% price rise     Land of rising sun pins hopes on increased use of solar power         Oil & Gas   Quebec crash prompts spat on safety rules   US and Canadian executives question need for tightened safety rules, saying it would make more sense to focus on enforcing existing rules       Revolution in shale transforms market     BP expects surge in Deepwater payments   Mining   Uralchem buys 20% of Uralkali   Uralchem said it would be acquiring the collective 11.8% stake of two of Uralkali's billionaire shareholders, Filaret Galchev and Anatoly Skurov     Nick Butler   Hinkley Point – is the new nuclear deal on or off?   Just as the FT’s reports from Tehran show that there is a long way to go on one nuclear deal, so it also seems that negotiations on the £16bn plan to build new nuclear for the UK at Hinkley Point in Somerset are far from over. When agreement between the UK Government and EDF on the strike price was announced six weeks ago the impression was given that the deal was done. This is not correct. Numerous details remain unresolved, opposition to the costs involved and the structure of the deal has mounted and, crucially, the financing has not been agreed. Full-scale construction work cannot begin until the funding is in place. The key lies with the Chinese. Read more       Q&A: turning water into windfall profits     Initiative risks stewardship by statute     German farmers reap renewable benefits     Energy suppliers roll back on price rises     Industry near green taxes 'crisis point'         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.