Energy Update
Platts editors discuss the problems facing the Tata Steel Port Talbot plant and UK steelmaking in general, with Chinese HRC into the country falling and steel prices on the rise.
* Italian banks surge on likely state support (ADVISORY- Reuters plans to replace intra-day European and UK stock market reports with a Live Markets blog on Eikon (see cpurl://apps.cp./cms/?pageId=livemarkets for site in development). Updates prices)
A group of eight banks and investors pledged $7 billion to join Bank of America Corp.’s initiative that plans to raise at least $10 billion for investments in clean energy and sustainable development.
PV cell manufacturers on the annual top ten list have shifted places, dropped on and off the list, withdraw from production, re-entered production and declared bankruptcy. Currently, crystalline manufacturers are adding more module assembly capacity than cell processing capacity while thin film manufacturers are expanding into crystalline production.
MOSCOW, April 8 (Reuters) - Russia's Rosneftegaz holding has chosen a legal advisor for selling a state-controlled stake of the country's top oil producer Rosneft, local news agencies cited Russian Economy Minister Alexei Ulyukayev as saying on Friday.
LONDON, April 8 (Thomson Reuters Foundation) - China can cut its greenhouse gas emissions and generate electricity by treating the 30 million tonnes of sludge its wastewater plants produce each year, the think tank World Resources Institute (WRI) said.
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