Energy
Cnooc / Nexen – wider reach
Deal will advance Chinese state oil producer’s growth ambitions but minority shareholders will a see a drop in the current very high return on equity
UPDATE 2-Suntech says it was defrauded, will restate 2010 income
Dec 7 (Reuters) – Chinese solar panel maker Suntech Power
Holdings Co Ltd, already under pressure from the
collapse in the price of its products, said an internal probe
concluded the company was defrauded by a partner in a solar
development fund.
Saudis eye solar-power exports to Europe
The top oil producer is working on a switch to renewables as the region burns so much of its hydrocarbons that it risks becoming a net fuel importer
