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Space industry27 min
Moon rush: the launch of a lunar economy | FT Film
...They're going to be operated much like we might operate an outpost in the Outback or, say, on an offshore platform....
October 19, 2023
Oil & Gas industry
Biden administration floats new oil leasing plan in Gulf of Mexico
...However, the proposal by the US interior department ruled out new exploration along the Atlantic and Pacific coastlines....
July 1, 2022
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
Renewable energy
US offshore wind power spending has oil in its sights
...Offshore oil drilling has also proved unpopular outside its traditional confines of Texas and Louisiana....
July 8, 2020
The Commodities NoteOil & Gas industry
Big Oil can play big role in frontier markets’ energy transition
...Gerald Kepes is president of Competitive Energy Strategies, LLC, an energy consultancy based in Washington DC....
July 22, 2020
News in-depthNikkei Asia
US red states’ love affair with Chinese investment Premium content
...“[We] used to [have] major employment there until those jobs went away in the last 20 years” as supply chains moved offshore....
January 12, 2020
News in-depthOil
BP bets big on shale for its US comeback
...How the BHP deal stacks up Bernard Looney, BP’s head of exploration and production, said that the Lower 48 business was now a “heartland” for the company....
August 16, 2018
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
Oil
US oil floated on cheap money
...William New, president of New Industries in Morgan City, Louisiana, which makes pressure vessels, piping and the like for offshore projects, is still waiting for the good times to roll again....
October 29, 2017
US & Canadian companies
Kosmos to test investors’ energy appetite with London listing
...Andrew Inglis, Kosmos chief executive, said the company wanted to widen its shareholder base beyond the US, where offshore exploration has been eclipsed by onshore shale oil and gas production in investors...
August 2, 2017
Oil
BP folds Argentine assets into JV backed by Cnooc
...Mexico has become a rare bright spot in offshore exploration since the 2014 oil price crash after reforms opened the country’s waters to international investment....
September 11, 2017
beyondbricsOil
Mexico’s energy reforms: bearing fruit at last
...Under its five-year plan, the energy ministry intends to auction more than 500 exploration blocks, mainly concentrated offshore. Since July 12 the government has been anticipating a boost in interest....
August 16, 2017
European companies
BP and Shell moves signal oil industry on path to recovery
...BP has raised its medium-term growth forecasts while Royal Dutch Shell has given the go-ahead for its first new offshore project for almost two years, in a sign of returning confidence at the oil and gas...
February 28, 2017
European companies
Shell to build large-scale chemical plant in the US
...Petrobras, Brazil’s state-controlled oil company that will be Shell’s partner in some of the country’s vast offshore fields, is mired in a corruption scandal....
June 7, 2016
News in-depthThe Big Read
BP: Into uncharted waters
...’s worst offshore oil spill....
July 9, 2015
Energy sector
BP settles Deepwater Horizon spill for $18.7bn
...The company’s US exploration and production subsidiary would pay the Clean Water Act penalty as well as $7.1bn to the US and the five states for natural resources damages....
July 2, 2015
Oil
Tiny UK explorer makes big claim of oilfields near Gatwick
...“That is easy in Texas or Louisiana where you can put nodding donkeys all over the place, but it is less easy when you’re next to Gatwick airport.”...
April 9, 2015
FT Live
Investing in America
Foreign companies as drivers of US growth, resilience and competitiveness
Tuesday, 10 DecemberHybrid Conference
Oil
Saudi’s oil market strategy makes sense
...The implications for those engaged in oil exploration and production, as well as those developing alternatives such as electric cars or renewable fuels, are obvious....
March 11, 2015
US & Canadian companies
Leniency expected from oil creditors amid fall in prices
...Linn Energy, Breitburn Energy and offshore oil producer Energy XXI are among the companies that have less than half of their revolving credit facilities still unused and available, while Clayton Williams...
December 5, 2014
Oil
Tony Hayward, Genel Energy CEO: now he has his life back
...Four years ago, he was labelled America’s most hated man as his company, BP, battled to contain the worst offshore oil spill in US history....
September 14, 2014
beyondbricsEU energy
Ukraine’s Yanukovich: when money is on the table, he signs
...In luring such European energy giants into Black Sea offshore exploration and Ukraine’s broader energy equation, Yanukovich demonstrates that he is not turning his back on Europe altogether....
November 27, 2013
US & Canadian companies
Freepoint extends production assets with $110m oil and gas deal
...The company and two investment groups have closed a $110m transaction to acquire working interests in two oil and natural gas production blocks and a platform about 150 miles offshore from Louisiana....
August 18, 2013
John Gapper
BP as bad at capping payouts as oil wells
...Despite its deep waters, the Gulf of Mexico has been among the most inviting of offshore locales. It has been run fairly and the tax regime is attractive....
July 10, 2013
US & Canadian companies
Warburg Pincus backs Africa oil and gas explorer Delonex Energy
...He has recruited David Ginger, who led Cairn India’s exploration team in the Indian subcontinent, as director of exploration at the new venture....
June 17, 2013
Energy sector
Warburg makes $1.8bn on Targa cash-out
...Last summer, Warburg also announced an investment of $300m in Hawkwood Energy, a Denver oil and gas exploration company that was only set up last year....
May 19, 2013
US & Canadian companies
Former adversaries join forces to pin blame for spill on BP
...Phase one, which ran from February to April, covered the causes of the accident on April 20 2010, which killed 11 men and started what may have been the world’s largest accidental offshore oil spill....
September 29, 2013
UK companies
BP responsible for critical Macondo test
...“Particularly with exploration wells, it’s not uncommon to have cost overruns.”...
April 18, 2013

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