Hints and tips:
Related Special Reports
...The Biden administration defended the LNG pause this week in a letter to the American Petroleum Institute, a Big Oil lobby group that has campaigned against it, saying the approvals process needed updating...
...The UK government is struggling to seal a deal with British Steel to secure the future of the country’s second-largest steelworks 18 months after the Chinese-owned company asked ministers for a £500mn financial...
...Azerbaijan has defended its position as yet another oil and gas producing nation to host the world’s most important climate summit, with the incoming COP29 president saying the Caucasus country was vulnerable...
...Anglo American’s boss Duncan Wanblad has said the British mining group will not “shrink itself to greatness” in the face of growing pressure to take radical action in reshaping its misfiring portfolio and...
...Ithaca Energy has agreed a deal to acquire almost all of Eni’s UK oil and gasfields in a transaction worth about £750mn that will turn the London-listed company into one of the North Sea’s largest producers...
...Nicolai Tangen, chief executive of the $1.6tn fund, told the Financial Times it was “worrisome” that American companies were outpacing their European rivals on innovation and technology, leading to vast...
...Fuad Mohammed Abubakar, head of the Ghana Cocoa Marketing Company, said he was not worried. “Farmers in Ecuador are producing near-optimal yield levels,” he said....
...Lex’s price index of the top nine gas producing E&Ps is up 16 per cent since the end of January....
...But the conflicts around American LNG reflect the fact that the ability of US energy companies to export is always subject to contested domestic politics....
...Associated British Foods shares rose by 9 per cent after the Primark owner beat market expectations....
...The crude price calm in the face of this turmoil owes much to events 7,000 miles away in the shale fields of North Dakota and west Texas, where drillers have left global markets awash with American oil....
...Anglo American has booked more than $2bn of impairments related to its diamond and nickel mines as annual profits dropped by a third on lower commodity prices, in another setback for the British mining group...
...of its oil and gas exploration assets....
...Mexico’s previous government opened the oil sector to significant private investment for the first time in 80 years, a move vehemently opposed by nationalist López Obrador, who is from a major oil producing...
...That transaction included stakes in two of the UK’s largest producing fields, Schiehallion and Mariner, as well as in the Cambo and Rosebank fields....
...The Paris-based group, which is largely funded by the OECD, is one of the most respected authorities on the oil market, but its predictions have sharply diverged from those of Opec, the oil producing cartel...
...Producers EQT and Chesapeake are throttling back production and some of the best producing wells in Pennsylvania have been temporarily idled....
...BHP has proposed a £31bn takeover of Anglo American that would bring together two global mining companies and rank as one of the industry’s largest transactions in years....
...The $1.6tn fund’s chief executive told the FT it was “worrisome” that American companies were outpacing their European rivals on innovation and technology, leading to vast outperformance of US shares in...
...The chief executive of British American Tobacco has endorsed the UK’s plans for a vaping tax, claiming the cigarette maker has learned to “love regulation”....
...Mikells said Exxon’s offshore operations in Guyana — the South American country that is key to its growth plans — produced a record 600,000 barrels of oil equivalent per day....
...Since the Latin American country decided, in the 1970s, to reduce its dependence on imported oil and gas, ethanol has played a crucial role in Brazil’s energy mix....
...Here’s more on the oil industry’s bonanza....
International Edition