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Climate change
Royal Society and academics clash over influence of oil and gas industry
...A CO₂ storage adviser to BP and a director for CO₂ storage at the Norwegian Petroleum Directorate also contributed to the report....
May 8, 2024
Shell PLC
Shell plant reported millions of ‘phantom’ carbon credits
...At Quest, CO₂ is removed during the process of making hydrogen gas, which is used in the energy-intensive process of turning the bitumen extracted from oil sands deposits into synthetic crude oil....
May 5, 2024
FT Live
Accelerating the Energy Transition in Asia
Industrial strategies and policy drivers for sustainability
Tuesday, 30 JulyMandala Club, 31 Bukit Pasoh Rd, Singapore 089845
Climate change
UAE’s al-Jaber invites business chiefs to climate talks on eve of COP29
...AI is modelling the ideal molecular structures to absorb CO₂,” Jaber added....
May 9, 2024
JPMorgan Chase & Co
JPMorgan warns of need for ‘reality check’ on phasing out fossil fuels
...Wood Mackenzie added that many companies in the oil and gas industry had low levels of borrowing and would be relatively unaffected by higher rates....
April 19, 2024
North Korea
Russia supplies oil to North Korea as UN sanctions regime nears ‘collapse’
...“These oil deliveries constitute a full-frontal assault against the sanctions regime, which is now on the brink of collapse,” said Hugh Griffiths, a former co-ordinator of the UN panel that monitors sanctions...
March 26, 2024
Shale Oil & Gas
US shale companies accused of collusion over oil price
...ExxonMobil, Occidental Petroleum and Diamondback Energy are among the companies named in at least 10 class actions alleging they conspired to co-ordinate and constrain shale oil production, which had the...
May 13, 2024
FT Live
Financial Times @COP
FT Live events coinciding with COP
Monday, 11 NovemberBaku, Azerbaijan
Oil & Gas industry
Opec collusion claim sends tremor through US shale oil patch
...The Federal Trade Commission on Thursday alleged Scott Sheffield, the former head of Pioneer Natural Resources, had tried to co-ordinate production levels with the Opec cartel to “pad Pioneer’s bottom line...
May 3, 2024
Food & Drink
Vegan chocolate chip cookies — a Honey & Co recipe
...Vegan chocolate chip cookies with star anise and orange zest Makes 12 cookies In a large mixing bowl combine the two types of sugar with the oat milk and olive oil, and mix really well to combine until...
May 8, 2024
News updates from April 9: OpenAI and Meta ready new AI models; EU launches probe into Chinese wind turbine companies
Gunvor chief bullish on oil: $90 a ‘fair price’
...Gunvor co-founder Torbjörn Törnqvist said the picture for oil was “quite” constructive and the market was better balanced than most people forecast two months ago....
April 9, 2024
Energy Source
Can private equity accelerate the green transition? Premium content
...The report says KKR excludes the emissions of its portfolio companies in its own sustainability report, which discloses some 14,342 tonnes of CO₂ emissions from its own operations....
April 30, 2024
News updates from April 10: US inflation rises faster than expected; KPMG fined $25mn in cheating scandal
Venezuela arrests former Maduro allies in oil corruption probe
...Attorney-general Tarek William Saab on Tuesday said El Aissami and his co-conspirators were involved in an illegal scheme to directly manage shipments of crude in avoidance of US sanctions, without sending...
April 9, 2024
News updates from April 9: OpenAI and Meta ready new AI models; EU launches probe into Chinese wind turbine companies
Venezuela arrests former Maduro allies in oil corruption probe
...Attorney-general Tarek William Saab on Tuesday said El Aissami and his co-conspirators were involved in an illegal scheme to directly manage shipments of crude in avoidance of US sanctions, without sending...
April 9, 2024
Energy Source
Oil and gas executives expect slower transition to net zero Premium content
...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....
March 14, 2024
Food & Drink
Grilled cheese and apple salad — a Honey & Co recipe
...Drizzle with a little olive oil and mix to coat. Brush the manouri slice with a little olive oil....
May 1, 2024
Inside BusinessKana Inagaki
Oil and water: why Nissan and Honda are setting aside their rivalry
...Nissan and Honda began talks in January, and the scope of their co-operation includes software, core EV components and auto-intelligence technology....
April 9, 2024
FT Live
Climate Capital Live
The leading global platform for climate science, finance and business
Wednesday, 19 March 2025London, UK & Online
News in-depthCarbon capture and storage
Dutch kick-start European attempts at carbon capture
...It is unpopular with environmentalists who argue that CCS enables oil companies to keep drilling....
April 28, 2024
Matthew Vincent
Reasons to be cheerful about corporate climate targets
...We then rank them by their change in emissions intensity: tonnes of emissions of CO₂-equivalent per €1mn of revenue....
May 13, 2024
The FT ViewThe editorial board
The EU should call time on Russian LNG imports
...But co-ordinated policy measures, surging prices, and Russian supply interruptions followed by explosions that blew up the subsea Nord Stream pipelines led to huge shifts....
May 12, 2024
Coal
Big US banks dominated fossil fuel financing in 2023, campaign report says
...In overall trends, finance related to gas-fired power, Arctic oil and gas, and ultra deepwater oil and gas projects fell last year, while it increased for companies focused on LNG....
May 13, 2024
Moral Money
Equinor: A case study on the trouble with greening oil and gas companies Premium content
...Sarasin and its co-filers assert that Equinor must move more quickly away from oil and gas, to protect shareholder value in the face of an accelerating energy transition....
April 24, 2024
Venezuela
Venezuela arrests former Maduro allies in oil corruption probe
...Tarek William Saab, Venezuela’s attorney-general, said on Tuesday that El Aissami and his co-conspirators were involved in a scheme to directly manage shipments of crude as a way of avoiding US sanctions...
April 10, 2024
Trafigura
Trafigura bribery details laid out in $127mn guilty plea agreement
...Under the scheme, Trafigura and its co-conspirators agreed to make illicit payments of up to 20 cents per barrel of oil products bought from or sold to Petrobras, and to conceal the bribes via shell companies...
March 28, 2024
EU-China relations
Xi upgrades China’s ties with Hungary to ‘all-weather’ partnership
...China and Hungary would co-operate on a cargo railroad around Budapest, a new high-speed rail link between the capital’s airport and city centre and construction of an oil pipeline between Hungary and Serbia...
May 9, 2024
Pioneer Natural Resources Co
FTC accuses ex-Pioneer boss of seeking to collude with Opec
...But the FTC accused him of “publicly threatening US shale producers who might deviate from a co-ordinated output reduction scheme”....
May 2, 2024
Special ReportThe Americas’ Fastest Growing Companies
The eyes in the sky fighting climate change, one methane leak at a time
...Last year, GHGSat detected methane equivalent to 0.5bn tonnes of CO₂, double the level it achieved in the previous year....
April 26, 2024

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