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Oil & Gas industry
Ithaca Energy agrees £750mn deal for most of Eni’s UK oil and gasfields
...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...
April 23, 2024
Moral Money
Equinor: A case study on the trouble with greening oil and gas companies Premium content
...One burning issue is about what exactly it means for a company — and in particular, an oil and gas company — to say that its strategy is aligned with the goals of the Paris agreement....
April 24, 2024
FT Live
Business of Football Summit
The global gathering of leaders in football and finance
Wednesday, 26 February 2025In-Person & Digital | London
LexGalp Energia SGPS SA
Galp will set off Big Oil dealmaking with its Namibian find Premium content
...The midsized Portuguese oil company — now worth $15bn — has a good problem. It has discovered billions of barrels of oil offshore of Namibia. That is a lot....
April 23, 2024
News in-depthIcahn Enterprises LP
The heartland oil refiner fuelling Carl Icahn’s empire
...The surge in supply led to gluts in the region surrounding CVR’s two refineries in Coffeyville, Kansas and Wynnewood, Oklahoma, allowing the company to buy crude oil at knockdown local prices and sell refined...
February 28, 2024
Shale Oil & Gas
How US shale keeps sheltering America from the next oil price surge
...The prolific Permian Basin shale of Texas and New Mexico pumps more oil than Kuwait, Iraq or the UAE, three of Opec’s powerhouses....
April 23, 2024
Moral Money
Why companies are rushing to lock corn and wood underground
...“Maybe you can find some extra waste to turn into bio-oil and sequestration that in Kansas,” he added....
March 27, 2024
FT Live
Future of Asset Management North America
New models for the next age of fund management
Wednesday, 25 SeptemberNew York, NY, USA
Oil & Gas industry
US landowners sue to force oil company clean-up of abandoned wells
...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...
February 23, 2024
Houthi movement
Fuel tanker’s crew extinguish fire after hours of struggle
...The Copenhagen-based company’s other vessels have been travelling via the Cape of Good Hope since December....
January 27, 2024
Norway's Oil Fund
Europeans ‘less hard-working’ than Americans, says Norway oil fund boss
...His views are significant as the oil fund is one of the largest single investors in the world, owning on average 1.5 per cent of every listed company globally and 2.5 per cent of every European equity....
April 24, 2024
Special ReportThe Americas’ Fastest Growing Companies
Demand for renewables powers growth at Brazilian ethanol giant Raízen
...This offers advantages over used cooking oil — a more established method of making sustainable aviation fuel but the supply of which can be unreliable....
April 26, 2024
Live news: Yen weakens to ¥155 per dollar as US stocks edge higher
Europeans ‘less hard-working’ than Americans, says Norway oil fund boss
...Europe is less hard-working, less ambitious, more regulated and more risk-averse than the US, according to the boss of Norway’s giant oil fund, with the gap between the two continents only getting wider....
April 24, 2024
Live news: Yen weakens to ¥155 per dollar as US stocks edge higher
Europeans ‘less hard-working’ than Americans, says Norway oil fund boss
...Europe is less hard-working, less ambitious, more regulated and more risk-averse than the US, according to the boss of Norway’s giant oil fund, with the gap between the two continents only getting wider....
April 24, 2024
LexIthaca Energy Inc
Oil sector dealmaking does not herald a North Sea revival
...Worse, banks have cut specialised loans to oil and gas companies as a direct result of the tax....
April 4, 2024
TotalEnergies
TotalEnergies ‘seriously’ looking at moving listing from Paris to New York
...At Total, he has maintained a strategy of pursuing profitable oil projects while shifting more into gas as the company’s core fossil fuel....
April 26, 2024
Oil & Gas industry
Oil companies expand methane detection campaign in emerging economies
...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...
March 18, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Oil & Gas industry
Exxon and Chevron profits dragged down by weaker natural gas prices
...Alfaro said he expected Exxon’s stock buyback programme to accelerate following its $60bn acquisition of US shale oil producer Pioneer Natural Resources, which the company expects will close by the end of...
April 26, 2024
Boeing Co
Boeing burns through $4bn in first quarter after door plug blowout
...Regulators have given the company until the end of May to submit a plan to improve....
April 24, 2024
Oil & Gas industry
World’s most indebted oil group hits out at critics
...Pemex, once a major cash cow for Mexico’s government, now has the highest level of debt of any oil company due to years of under-investment, corruption and lack of reforms....
April 18, 2024
International Energy Agency
Growth in oil use slows, IEA says, as prices hit $90 a barrel
...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...
April 12, 2024
Special ReportThe Americas’ Fastest Growing Companies
The eyes in the sky fighting climate change, one methane leak at a time
...of the Montreal-based company....
April 26, 2024
Energy Source
Why oil prices remain steady even as Middle East tensions escalate Premium content
...Van Beurden spent 39 years at the oil major. Daniel Berenbaum joins US fuel cell company Bloom Energy as chief financial officer, succeeding Greg Cameron....
April 18, 2024
Scoreboard
Golf’s power balance resets Premium content
...It’s a landmark moment for the tour, which had struggled against the financial might of the oil-powered PIF. Critically, the cash infusion shores up the tour’s defences against the PIF....
February 3, 2024
Ithaca Energy Inc
Ithaca Energy in exclusive talks for Eni’s UK upstream assets
...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...
March 27, 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
Energy Source
New oil and gas projects expected to grow despite IEA warning Premium content
...Oil majors and state-owned companies are behind the majority of new discoveries and approvals....
March 28, 2024

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