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Saudi Aramco
Saudi Aramco chief defends China’s role in green transition amid closer ties
...Last year, Aramco acquired a 10 per cent stake in Shenzhen-listed Rongsheng Petrochemical for $3.6bn and entered a venture with two other Chinese companies to build a 300,000 b/d refinery and petrochemicals...
April 22, 2024
Q&AThe Questionnaire
Kaiser Chiefs’ Ricky Wilson: ‘Everything I do ends in disappointment, but that’s not a bad thing’
...When it came to being in a band, I’d go and see a lot of bands and artists, and I’d take away things I didn’t want to do or be: reverse mentorship. At art school, a teacher called John Ross....
March 16, 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
Oil
Opec+ defers tricky decision on production increases
...US production rose by roughly 1.5mn b/d to a record 13.5mn b/d in 2023 while that of Iran increased to an average of roughly 3.9mn b/d from about 3mn b/d a year earlier, said Claudio Galimberti, North America...
March 5, 2024
Oil
Opec+ members extend production cuts in bid to boost oil price
...The IEA predicts oil demand will grow by 1.2mn b/d, about half the pace of 2023, while Opec believes demand growth will be higher at 2.2mn b/d....
March 3, 2024
Saudi Aramco
Saudi Aramco increases dividend to nearly $100bn despite oil price falls
...to 13mn b/d by 2027....
March 10, 2024
News updates from January 30: Microsoft posts record revenue, Eurozone economy stagnates in Q4
Saudi Arabia abandons plan to boost oil production capacity
...responsible for 10 per cent of global supply, said it had been asked by the energy ministry to abandon a plan to increase the Kingdom’s maximum sustainable production capacity from 12mn barrels per day to 13mn b/d...
January 30, 2024
FT Live
Financial Times @COP
FT Live events coinciding with COP
Monday, 11 NovemberBaku, Azerbaijan
Saudi Aramco
Saudi Arabia ditches plan to raise oil production
...“They have 3mn b/d of spare capacity now so what is the rush of increasing production capacity to 13mn b/d.”...
January 30, 2024
Transcript
China is not out of the woods yet
...Marc Filippino Tom Wilson is the FT’s natural resources editor. Thanks, Tom. Tom Wilson Thanks very much....
January 18, 2024
Transcript
Transcript: The world’s biggest mining project finally gets off the ground
...Marc Filippino Tom Wilson is the FT’s natural resources editor. Thanks, Tom. Tom Wilson Thanks very much....
January 12, 2024
Oil & Gas industry
Diamondback Energy agrees to buy Endeavor in $26bn US oil deal
...The country pumped 13.3mn b/d of oil in November, the last month for which data is available from the Energy Information Administration, more than any country in history....
February 12, 2024
News updates from October 12: US inflation hotter than expected in September, FCA bans Staley
Oil demand growth forecast to slow, IEA says
...It had previously forecast demand to grow by 1mn b/d in 2024....
October 12, 2023
BP PLC
BP boss dismisses speculation energy major faces takeover threat
...“I don’t need more resources in the United States and now would not be the time that I’d want to do it as I’d prefer to go countercyclical [and buy when oil prices are low],” he said....
October 31, 2023
Harbour Energy
UK’s Harbour Energy agrees $11.2bn deal for Wintershall Dea assets
...Harbour’s oil and gas production will rise from about 190,000 barrels a day to more than 500,000 b/d when the deal completes....
December 21, 2023
Mining
World’s biggest mining project to start after 27 years of setbacks and scandals
...Since then the country of 13mn people has had two coups d’état, four heads of state and three presidential elections....
January 7, 2024
Special ReportManaging Climate Change
Oil and gas companies stall on net zero plans
...In 2023, however, oil demand is on track to average 102.2mn b/d — its highest ever annual level, according to the IEA....
November 30, 2023
FT Live
Energy Transition Summit
Delivering a stable and efficient clean energy system
Tuesday, 22 OctoberLondon, UK & Online
Dangote Group
Nigeria’s Dangote oil refinery closer to production after years of delays
...At full capacity, the refinery will process 650,000 b/d, which could transform the country into a net exporter of refined fuels....
December 8, 2023
ReviewBooks
Emily Wilson’s Iliad — a man’s world no longer
...But in Wilson’s text, you’d scarcely notice the difference in these men’s verbal approaches. (Her extensive notes, alongside helpful ancient maps, are at least fastidious in justifying such choices.)...
October 19, 2023
Energy Source
What will Mexico’s energy future look like? Premium content
...These have picked up markedly in recent years, from a low of about 400,000 b/d in the pandemic year of 2020 to about 1.4mn b/d recently, according to Richard Bronze at Energy Aspects....
April 16, 2024
News updates from September 5: Oil rises above $90 a barrel, Spanish women’s football manager sacked
Oil prices rise above $90 a barrel for first time in 2023
...Saudi Arabia’s oil output is likely to remain at 9mn b/d until the end of December, 25 per cent lower than its maximum capacity of 12mn b/d. Read more on oil here...
September 5, 2023
Energy Source
Biden’s clean energy conundrums Premium content
...and 360,000 b/d in 2025....
February 22, 2024
Transcript
Transcript: Workplace pressure — how to cope
...There’d be adrenaline coursing through my veins. You know, I’d be literally buzzing and, you know, bouncing around. And nowadays it’s a very different story....
November 21, 2023
Saudi Aramco
Saudi Aramco signals further investments in China
...Nasser expected global oil demand to average as much as 104mn b/d in the third quarter of 2023, 2.4mn b/d higher than in the same period last year, driven largely by increased demand in China....
August 7, 2023
FT Magazine
What if we’ve been wrong about Helen of Troy all along?
...Yeats called her the betrayer of “all living hearts”; Shakespeare, a “strumpet”; Alexander Ross, “a deform’d soul”; Rupert Brooke, “a scold . . . shrill . . . gummy-eyed and impotent”....
January 26, 2024
Oil
‘Nervous, but not terrified’: oil markets shrug off Israel conflict
...Iran exported 1.5mn b/d of crude to China in August, the most in a decade, according to ship tracking data provided by Kpler....
October 10, 2023
Oil
Oil hits $90 for first time in 2023 as Saudi Arabia and Russia extend cuts
...Its output has been reduced from about 10.5mn b/d in April to about 9mn b/d, through a combination of Opec+ mandated production targets and its voluntary cuts....
September 5, 2023

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