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...The Opec+ cartel recently agreed to make cuts to crude output in 2024 in a bid to boost oil prices....
...The vessels, which are North Korean-flagged and classified as oil products tankers, all visited the same berth operated by a Russian oil company at Vostochny Port, where they appeared to load....
...This includes the CPC pipeline carrying oil from Kazakhstan through Russia to the global market. Western companies including ExxonMobil and Chevron use the pipeline, which Moscow briefly shut in 2022....
...For three of the vessel numbers identified, the vessel owner was listed as Pertamina, the shipping arm of Indonesia’s state-owned oil company. Pertamina did not respond to a request for comment....
...The US government has imposed sanctions on companies accused of shipping or trading Russian oil in violation of western rules but is yet to target an individual for involvement....
...providers after the self-invested personal pension (Sipp) company was placed into administration....
...The deal would make Ithaca one of the biggest independent oil producers in the North Sea and could spur further consolidation, as companies seek scale to fund investment and the cost of decommissioning legacy...
...Oil majors and state-owned companies are behind the majority of new discoveries and approvals....
...Some of the world’s biggest investors including Norway’s oil fund and a Canadian pension giant have failed in a bid to push Samsung’s de facto holding company to increase dividends and share buybacks....
...“The environment right now is very positive for the oil and gas industry,” Alan Armstrong, chief executive of Williams, the biggest US gas pipeline company, told the Financial Times....
...A dozen of the world’s biggest oil and gas companies are expanding a satellite monitoring campaign to detect methane emissions in emerging economies following detection of 26 large leaks of the planet-warming...
...The play recounts Dossier’s 2020 investigation into OMV, Austria’s national oil and gas company, and its boss Rainer Seele, whose shadowy relations with Moscow remain the subject of controversy to this day...
...Thomas Gibson Fine Art is sticking its neck out with a solo booth of the early German-Danish expressionist Emil Nolde at this year’s Tefaf art and antiques fair....
...The revision comes after the company pledged to devote a higher proportion of spending to oil and gas last year, and other oil groups such as BP have slowed their retreat from oil....
...Among companies taking advantage is London-based oil supply company Prax Group, which in December agreed to buy a 37.5 per cent stake in the PCK refinery in Schwedt, north-east Germany, from Shell....
...Looking at it another way, here are some stats (courtesy of Wood Mackenzie): Ten companies will now control more than 6.4mn barrels of oil equivalent a day of the Permian’s 12.1mn boe/d of overall output...
...Land owners are suing a Denver-based oil and gas company, alleging it systematically avoided cleaning up old operations, in a case that spotlights the prospect of US taxpayers shouldering billions of dollars...
...Investors have withdrawn a climate resolution at ExxonMobil after the oil supermajor sued them, in a retreat likely to have a chilling effect on similar forms of shareholder activism....
...companies in $6bn effort to clean up heavy industry Energy Source is written and edited by Jamie Smyth, Myles McCormick, Amanda Chu and Tom Wilson, with support from the FT’s global team of reporters....
...The 20 vessels identified by the FT and Danwatch were carrying a total of about 10mn barrels of oil, according to Kpler, a data and analytics company....
...The bulk of Glencore’s emissions are classed as “scope 3” — arising from its customers’ use of commodities such as coal, oil and natural gas that it produces and trades....
...The Copenhagen-based company’s other vessels have been travelling via the Cape of Good Hope since December....
...BP will form a joint venture in Egypt with the Abu Dhabi National Oil Company as the UK oil major looks to expand its international gas portfolio....
...A curtailment of oil supply is the biggest risk to the inflation outlook, they said....
...The company will report its 2023 financial results on Sunday....
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