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Oil & Gas industry
UK-sanctioned oil trader enlists ex-Biden aide to thwart potential US sanctions
...He has also worked for Mark Warner, the current chair of the Senate intelligence committee, and for Biden’s current climate envoy and former US secretary of state John Kerry....
March 21, 2024
Nomura Holdings Inc
Nomura hires former top UK Treasury official Tom Scholar as European chair
...In 2020, Britain’s former top civil servant Mark Sedwill joined investment bank Rothschild & Co. Nomura has had a chequered past in investment banking....
December 1, 2023
FT Live
Financial Times @COP
FT Live events coinciding with COP
Monday, 11 NovemberBaku, Azerbaijan
Oil & Gas industry
UK oil and gas regulator opposed Sunak’s mandatory licensing rounds
...Green campaigners said it put a question mark over the UK’s commitment to reducing carbon emissions....
November 30, 2023
BT Group Plc
BT installs McKinsey partner to head new strategy unit
...The move marks the reintroduction of a unit similar to one that was folded into another department in 2021 after former chief strategy and transformation officer Mike Sherman left the company....
April 21, 2024
Energy Source
Highlights from the FT’s Commodities Summit Premium content
...“There is a media and political narrative that says we don’t need this stuff, but there is [also] a global economy that isn’t contracting,” said Mark Wilson, an analyst at Jefferies in London....
April 9, 2024
Travel
Short cuts: Paris hikes its tourist tax and BA returns to Stansted
Plus: a Himalayan trek to mark the centenary of Mallory and Irvine’s Everest expedition
January 14, 2024
FT Live
Moral Money Summit Americas
Unlocking opportunities for a greener and fairer world
Tuesday, 15 OctoberNew York, USA
Swiss politics
Swiss open first criminal probe over Russia sanctions ‘violations’
...The move against the Swiss-based group marks a watershed for sanctions enforcement in Switzerland, a country known for banking secrecy and commodity trading that has never before acknowledged launching a...
March 12, 2024
Shell PLC
Shell revises climate targets as it plans to keep gas business growing
...Mark van Baal, founder of activist group Follow This, which has filed regular shareholder motions at Shell calling on the company to cut emissions faster, immediately criticised the changes....
March 14, 2024
News updates from February 2: US adds 353,000 jobs in January, US hits Iraq and Syria after drone deaths
Investors pull ExxonMobil climate resolution after legal action
...“Given Exxon’s preference to fight a battle in court rather than allow shareholders the freedom of a vote at its annual meeting, we decided to withdraw the climate proposal,” founder Mark van Baal, Founder...
February 2, 2024
FT Alphaville
FTAV’s further reading
...(PitchBook) — Will Tom Cruise be making Mission Impossible movies in his 80s?...
November 28, 2023
Music
The Beatles’ Abbey Road recording console comes up for auction
...The result is a fully operational Mark 1 comprising around 70 per cent of the original parts....
December 12, 2023
ExxonMobil
Investors pull ExxonMobil climate motion after oil supermajor sues
...“Given Exxon’s preference to fight a battle in court rather than allow shareholders the freedom of a vote at its annual meeting, we decided to withdraw the climate proposal,” Follow This founder Mark van...
February 2, 2024
Climate change
Shell under fire from Europe’s largest asset manager over climate policy
...The activist group has organised similar motions at Shell meetings since 2016 but support for the upcoming resolution has drawn the largest number of investment managers, said Follow This founder Mark van...
January 15, 2024
Shell PLC
Shell agrees to dispose of Nigerian business for $1.3bn after 68 years
...Although Shell is not leaving Nigeria entirely, the planned sale marks an end of an era for the company, which has been at the centre of the country’s oil industry for almost 100 years....
January 16, 2024
Sport
Private equity investor CVC makes its mark on rugby union
...Full Contact, which has been renewed for a second season, is one of the most visible signs that rugby’s private equity investors are beginning to make their mark on how the game operates and markets itself...
March 16, 2024
FT Live
Africa Summit
Africa in a complex world
Tuesday, 29 OctoberLondon, UK
Travel
Short cuts: Sweden’s speedy ‘flying’ ferry and the library reopens at St Paul’s
...“It is fitting that, as we mark 300 years since his death, his library is able to reopen after five years of painstaking restoration.”...
November 25, 2023
Energy Source
Exxon’s exit marks reversal of fortune for Equatorial Guinea Premium content
...It almost marks a reversal of fortunes for Equatorial Guinea, which was once a hotbed of promise when Mobil discovered oil there and Exxon increased production after its takeover in 1999....
March 19, 2024
Travel
43 holidays to take in 2024
...Expect to feed, mark (and cuddle) lambs — and perhaps even see one being born....
December 30, 2023
Dangote Group
Nigeria’s Dangote oil refinery closer to production after years of delays
...It marks a key moment for the $20bn refinery, funded by Africa’s richest man Aliko Dangote, after years of delays and budget overruns....
December 8, 2023
Six theatre shows to see in London
London Tide, National Theatre — Dickens turned into restless river drama with music by PJ Harvey
...Wight and Stephen Kennedy are lovely as kindly elders; Tom Mothersdale’s mysterious John Rokesmith drifts through the action like a ghost....
April 17, 2024
Bernard Looney
Ex-BP boss Looney to forfeit up to £32.4mn after ‘serious misconduct’
...“This is one hell of a reaction,” said Mark Freebairn, head of board practice at Odgers Berndtson, a headhunter....
December 13, 2023
Scoreboard
Mark Cuban’s Mavericks bet Premium content
...Its early backers included Scottish tennis star Sir Andy Murray and New Look founder Tom Singh. Mohsin and Zuber Issa, the owners of Asda, are also shareholders....
December 2, 2023
Technology regulation
Meta’s Mark Zuckerberg issues dramatic apology at Senate hearing on child safety
...More theatre of the absurd / From Tom Berger, London SW1, UK...
January 31, 2024
InterviewFashion
Designer Giles Deacon: ‘I never wanted a billion-dollar business’
...That first collection he showed in 2003 came after periods spent working as head designer at Bottega Veneta, and then at Gucci under former creative director Tom Ford....
February 13, 2024
News updates from January 26: ICJ grants South Africa’s request for emergency measures in Gaza, US core PCE dips below 3%
Bayer hit with $2.2bn Roundup jury decision
...The decision marks one of the biggest Roundup losses for Bayer, which acquired Roundup when it completed its acquisition of Monsanto in 2018....
January 26, 2024

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