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InterviewCOP29
UN COP29 host says his country is suffering from climate change
...The EU agreed to double Azeri gas imports by 2027 after Russia’s war on Ukraine strangled its supplies. “In [the] nearest years, we will continue to deliver the gas to our customers....
March 9, 2024
German economy
Scholz’s energy policies branded ‘toxic’ by German business chief
...“Nobody can say with any certainty today what our energy supply will look like in seven years’ time, and that’s why no one can say how high energy prices will be in Germany then,” he said....
February 6, 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
News in-depthLithium
Oil and gas majors step up efforts to diversify into lithium
...TechMet has a stake in EnergySource Minerals (ESM), a lithium developer backed by oilfield services giant Schlumberger. “It’s a natural evolution for oil companies....
June 25, 2023
Oil & Gas industry
How Iran will profit from Shell’s Iraqi gas project
...Several international oil companies, including BP and ExxonMobil, run oilfields in Iraq that pull power from Iraq’s national grid....
May 14, 2023
Arm Ltd
Export controls hit China’s access to Arm’s leading-edge chip designs
...“Key companies in the semiconductor supply chain, including IP core players such as Arm . . . must determine whether the capabilities provided in their offerings meet or exceed the technical requirements...
December 14, 2022
News in-depthShale Oil & Gas
Permian Basin deal wave heralds new phase in shale oil revolution
...(Another pending $53bn deal by Chevron for Hess gives the supermajor shale assets in the vast Bakken oilfield of North Dakota.)...
February 14, 2024
FT Live
Financial Times @COP
FT Live events coinciding with COP
Monday, 11 NovemberBaku, Azerbaijan
The Big Read
Malaysia: the surprise winner from US-China chip wars
...Many of these are companies with global suppliers or western customers hedging against further US restrictions, she says....
March 11, 2024
Shell PLC
Shell sells stake in Rosneft-owned refinery to Prax as it cuts Russia links
...It has since withdrawn from the Sakhalin-2 liquefied natural gas project in Russia’s far east as well as the Salym oilfield project in Western Siberia, saying it no longer has any joint ventures with Russia...
December 15, 2023
Energy Source
Exxon’s exit marks reversal of fortune for Equatorial Guinea Premium content
...Teodorin, who has reflexively shown antipathy towards western interests, partly due to the investigations, could seek investment from non-western sources for the oil industry....
March 19, 2024
News in-depthEnergean Oil & Gas Plc
How one gas producer kept Israel’s lights on
...Having started off with a small oilfield in his homeland of Greece, the company acquired the Karish field in 2016 as Israel looked to diversify the groups operating in the country....
November 29, 2023
Energy Source
Can clean energy investment outlive Joe Biden’s IRA? Premium content
...But ongoing issues such as permitting, long wait times for grid connection, and supply chain constraints threaten to slow the pace of emissions reductions, warns Rhodium....
July 20, 2023
FT Magazine
How Silicon Valley’s ‘Oppenheimer’ found lucrative trade in AI weapons
...This month, Vladimir Putin warned that western support of Ukraine risks triggering a global nuclear war....
March 28, 2024
Special ReportInvesting in Nigeria
Nigeria’s oil and gas industry fails to cash in on global energy hunger
...Meanwhile, ExxonMobil’s planned $1.28bn divestment from four oilfields remains in limbo....
June 28, 2023
US economy
US jobs boom in the ‘busiest spot in the busiest oilfield’
...Driving it all is a surge in crude oil production from the Permian Basin, a vast hydrocarbon trove that stretches across western Texas and south-eastern New Mexico....
January 31, 2023
TotalEnergies
TotalEnergies strikes deal with Iraq to revive $27bn energy projects
...The developments under the GGIP are big infrastructure projects, including one to recover flared gas, in effect wasted power, at several oilfields and supply electricity generation plants, in a country often...
April 5, 2023
FT Live
Climate Capital Live
The leading global platform for climate science, finance and business
Wednesday, 19 March 2025London, UK & Online
Turkey
Turkey to make inaugural deliveries from big Black Sea gas discovery
...Many governments across the continent remain concerned about next winter’s supplies with big Russian pipelines shut down....
April 17, 2023
Iraq
Iraqi authorities reach preliminary deal to resume oil exports to Turkey
...Several foreign oil companies said they had paused or slowed operations in Kurdistan in the wake of the tribunal decision....
April 2, 2023
UK energy
North Sea oil project to open new front with environmentalists
...“As long as oil and gas is needed it’s important that responsible companies in western countries do develop their resources,” Equinor said....
April 2, 2023
Energy Source
Is the oil price bounce on? Premium content
...Russian supply may have proved resilient so far. But the absence of western capital in the upstream will eventually erode capacity....
March 28, 2023
Energy Source
Dispatch from the bustling Permian Premium content
...These are remarkably different views of the future of crude coming from within the small crop of western oil supermajors — and underscores the companies’ very different strategies....
January 31, 2023
Chevron Corp
Chevron profits slip as oil and gas prices fall
...The buyback programme defied US president Joe Biden, who has criticised the industry’s big shareholder returns “at a time of war”, arguing companies should instead be spending more to increase supply to...
January 27, 2023
News in-depthRussian politics
Xi-Putin talks highlight Russia’s role as ‘junior partner’ to China
...Yakov & Partners, McKinsey’s former Russian arm, described Russia’s previous dependence on western oilfield service groups such as Halliburton and Baker Hughes as an “Achilles heel”, because production was...
March 21, 2023
The Big Read
Saudi Aramco bets on being the last oil major standing
...As the case against use of fossil fuels hardens, several of the biggest western oil companies have in the past five years reconsidered their commitment to the crude oil that has been the bedrock of the global...
January 12, 2023
Energy Source
Big Oil’s cash bonanza Premium content
...The company says it has completed repairs after an explosion at the plant back in June knocked it out of commission just as natural gas supplies were under maximum pressure....
January 26, 2023
Disrupted Times
Surprise cut by Opec+ fuels optimism for oil companies
...The Opec+ announcement pushed up shares in other oil companies, which are benefiting from the rush to shore up supplies as energy security trumps climate concerns....
April 3, 2023

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