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Oil & Gas industry
Oil market caught by surprise as US output surges
...At new wells in the Permian, average oil production per drilling rig has increased to 1,319 b/d. A decade ago the figure was about 183 b/d....
December 7, 2023
News in-depthBangladesh
Bangladesh garment exporters say western brands not paying ‘ethical prices’
...If they don’t get a sales order they won’t be able to run their factories, so they’ll try to get whatever costs they can and still produce.”...
November 15, 2023
FT Live
US Decarbonization and Industrial Transition Summit
Securing the resources to build and finance America's clean energy future
Wednesday, 29 MayWashington, D.C., USA
Shale Oil & Gas
‘Halt button’ hit on drilling in US oil and gas slowdown
...The towering structures designed to bore oil and gas wells are on offer for fire sale prices. Valued at $40mn and $30mn when built in 2019, their respective starting bids will be $12.9mn and $2.3mn....
May 17, 2023
Shale Oil & Gas
US shale slowdown spreads to oil services industry
...The tally of rigs and frack crews in the field has fallen consistently since late last year....
July 22, 2023
Women in business
From philosophy fan to wind energy entrepreneur
...main product was sail and rig design software....
October 17, 2023
News in-depthPioneer Natural Resources Co
‘As big as Saudi Arabia’: the Permian oilman who sold Pioneer to Exxon
...US oil production rocketed from about 5mn barrels a day in 2008 to 13mn b/d this year....
October 13, 2023
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
The Week Ahead
Biden rolls out infrastructure plan and Fed publishes stress test results
...CPI inflation rate data US: Q1 GDP and Q1 PCE price index Results: B&M European Value Retail Q1 trading statement, De La Rue FY, H&M H1, McCormick & Co Q2, Moonpig FY, Nike Q4, Rite Aid Q1, Serco trading...
June 25, 2023
Energy Source
What’s coming down the ‘fairway’ for the shale patch Premium content
...capital spending, idle rigs, and sack workers....
February 28, 2023
Live news updates from June 29: Central bank chiefs call end to era of low rates, US indicates new openness to selling Turkey upgraded F-16s
H&M beats profit expectations after cutting back on discounts
...The clothing retailer also said it would accelerate its expansion in South America and buy back SKr3bn of its B shares....
June 29, 2022
Rokos Capital Management LLP
Rokos is hiring an iPad butler
...(H/T Toby Nangle)...
November 2, 2022
Energy crisis
US shale bosses tell Europe: ‘There’s no bailout coming’
...“We’re not adding [drilling] rigs and I don’t see anyone else adding rigs,” said Sheffield, who runs one of the biggest oil producers in the US....
September 14, 2022
Hennes & Mauritz
H&M beats profit expectations after cutting back on discounts
...The group will also spend around SKr3bn on buying back its B shares this year....
June 29, 2022
Travel
Battersea Power Station gets its first hotel
...The bigger rooms include retro Roberts record players and a stack of brand new vinyl, including Bowie, Winehouse, Tong and Moby....
December 15, 2022
News in-depthPrimark Stores Ltd
Primark resists move online despite pandemic shock
...Richard Chamberlain, an analyst at RBC, said click-and-collect services that drove footfall into stores had been tried by retailers such as Sports Direct and H&M, but the sales added had been useful rather...
January 1, 2023
HTSIHow To Give It 2022
The A to Z of stylish giving
...The programme has two objectives: to drive women’s emancipation through professional beekeeping and to raise awareness of how essential bees are to Earth’s biodiversity. guerlain.com; unesco.com H is for...
December 10, 2022
FT Live
Global Pharma and Biotech Summit
Driving life sciences innovation in a disrupted world
Tuesday, 5 NovemberIn-Person & Online Conference
Energy Source
Dispatch from the bustling Permian Premium content
...after the day’s shift and towering rigs peer down over the melee....
January 31, 2023
Schlumberger NV
Schlumberger raises outlook as war in Ukraine pushes oil prices higher
...That is still well below the record high of around 13mn b/d struck in 2019 before the pandemic....
July 22, 2022
LexMedia
Publishing: bans boost shelf life of books such as ‘Maus’ Premium content
...They winced at the use of profanities such as “b-i-t-c-h” in a book available to 13-year-olds. Book bans are as old as publishing....
February 19, 2022
Energy Source
Pricey investments spell ‘nightmare scenario’ for oil companies Premium content
...If oil prices fell to $40/b, these companies would lose $530bn in the next 10 years and nearly $1tn if oil fell to $30/b....
January 27, 2022
The Art of FashionThe Art of Fashion: jewellery 2022
Neck’s best thing: beauty of the choker necklace
...letter “B”....
June 20, 2022
Energy Source
Young voters lose faith in Biden’s climate credentials Premium content
...Brent crude fell to as low as $100 a barrel on Monday, dropping more than $6, while US oil fell to around $96/b — both near post-Ukraine-war lows....
April 26, 2022
HTSI
Jens and Emma Grede – the brains behind Skims
...Its Series B fundraising round in January this year, led by Lone Pine Capital, climbed to $240mn....
May 11, 2022
Disrupted Times
UK retail staggers from fourth monthly drop in succession
...Rival H&M also reported sales back at pre-pandemic levels in the US and Europe....
September 17, 2021
News in-depthOil & Gas industry
US oil drillers ‘dying on the vine’ on funding drought
...Just 11 funds closed last year and only $4.5bn was raised as oil prices crashed, according to Preqin. Production plunged and remains around 11m b/d now....
April 15, 2021
US retail
MyPillow dropped because of weak sales rather than politics, retailers say
...Mr Lindell said the online furniture retailer Wayfair and Texas grocery chain H-E-B were also dropping MyPillow. Neither company responded to a request for comment....
January 19, 2021

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