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Oil & Gas industry
Opec collusion claim sends tremor through US shale oil patch
...I think you would hear a lot of squawking from a lot of folks who didn’t want this deal to go through if it sailed through with no changes.”...
May 3, 2024
ExxonMobil
Exxon to begin producing lithium to feed surging battery demand
...We wouldn’t go into it unless we intended to play a major role in it.” Additional reporting by Harry Dempsey in Singapore...
November 13, 2023
FT Live
Investing in America
Foreign companies as drivers of US growth, resilience and competitiveness
Tuesday, 10 DecemberHybrid Conference
News in-depthExxonMobil
Behind ExxonMobil’s contrarian $60bn oil bet
...“This is really Exxon telling the world, ‘We don’t think the Paris climate agreement will ever be achieved....
October 12, 2023
Due Diligence
Why Chevron is inking the biggest deal in its history Premium content
...“I don’t think they’re remotely right . . ....
October 24, 2023
News in-depthOil & Gas industry
Dealmakers see Chevron-Hess tie-up as the start of oil ‘arms race’
...Both deals are on a scale rarely seen since the megamergers of the late 1990s and early 2000s — BP-Amoco, Exxon-Mobil and Chevron-Texaco — that formed the modern supermajors....
October 24, 2023
Nigeria
Nigeria president’s move to end petrol subsidies sparks chaos
...There’s some rigour that should go into policymaking — you can’t just declare a subsidy’s ‘gone’.”...
June 1, 2023
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
Rich Repetto
“I was a 40 year old making coffee on Wall Street”
...Then I’m 27, 28 and I went to work for Mobil. And I did that for a good eight to nine years. My job got reorganised and I got sent to Tulsa, Oklahoma....
June 30, 2023
Waste management & recycling
Packaging industry prepares for tougher recycling rules
...“I don’t think companies will start making packaging for California only.”...
February 14, 2023
Tufan Erginbilgic
Rolls-Royce’s new CEO says focus will be on opportunity and strategic clarity
...An engineer by training, Erginbilgic started his career in the oil industry at Mobil in 1990 before moving to BP in 1997....
July 30, 2022
Energy Source18 min
Has Big Oil changed? | FT Film
...And Standard Oil was broken up into Exxon and Chevron and Mobil and these huge companies....
December 1, 2022
Due Diligence
The yacht club Credit Suisse doesn’t want you to know about Premium content
...DD can only assume that Credit Suisse’s private bankers haven’t heard of the Streisand effect....
March 2, 2022
The Big Read
Nazarbayev and the power struggle over Kazakhstan’s future
...They didn’t ask for pasta, they didn’t ask for salary, they wanted the Nazarbayev regime out.”...
January 13, 2022
News in-depthNigeria
‘Godfather’ of Lagos aims to become Nigeria’s next president
...You can’t, because you need someone who needs stuff from you, not someone who can just control everything on their own.”...
January 27, 2022
FT AlphavilleJamie Powell
Snap AV: the broad growth trade takes hold
...Just don’t ask us to tell you the direction of travel. Related Links:The tech sell-off and the rise of the inclusive growth trade -- FT Alphaville...
July 1, 2021
News in-depthOil & Gas industry
Big Oil’s huge losses raise prospect of mega mergers
...When Exxon struck the biggest deal of a $300bn wave of oil mergers during the brutal late-1990s crude price collapse, Mobil chief executive Lou Noto gave a warning to the industry....
February 8, 2021
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
William Magnuson
The modern day trustbusters have Facebook in their sights
...The fragments would soon emerge as Exxon, Chevron and Mobil, new corporate giants with sprawling new empires....
December 18, 2020
News in-depthThe Big Read
Why ExxonMobil is sticking with oil as rivals look to a greener future
...Lee Raymond, Exxon’s chief executive from 1993 to 2005, added scale with the addition of Mobil in 1999....
October 28, 2020
Special ReportRethinking Energy
Oil and gas groups under pressure to plug leaks
...Bottom-up measurements are taken only periodically, “so if the emissions occur in a burst at midnight, no one is there to measure it, you haven’t captured it and you come to a false sense of the emissions...
July 8, 2019
Oil
Oil prices plunge to lowest in over a year
...Shares of Exxon Mobil and Chevron were down more than 2 per cent, while US shale-focused producers posted sharper losses....
December 20, 2018
Investments
Global dividends hit new record
...“If it weren’t for Brexit, investors would be snapping up bargains left, right and centre,” according to Hargreaves’ senior analyst Laith Khalaf. Should UK income investors get stuck in?...
February 22, 2019
US politics & policy
Tillerson says Trump paid little heed to the law
...Mr Tillerson, a former chief executive of Exxon Mobil, was widely praised as a good choice for secretary of state when he was nominated....
December 7, 2018
Person in the News
Martin Fayulu, Congo’s outsider, scents power
...The huge electoral fraud, uncovered this week by the Financial Times, threatens to halt a remarkable rise for the former Exxon Mobil man....
January 18, 2019
FirstFT
FirstFT: Today’s top stories
...“I can’t say I’m happy,” he told reporters. “I can’t say I’m thrilled.”...
February 13, 2019
US foreign policy
Donald Trump’s ‘good soldier’ Mike Pompeo faces North Korea test
...“Don’t say silly things,” he snapped....
February 25, 2019
Corporate earnings and results
US dividends lag rest of the world despite tax cuts
...“They don’t want to [increase] a dividend and then have to cut it.”...
November 29, 2018

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