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The world in 2023
UK economists’ survey: ‘miserable’ year ahead for households
...South Korea, meanwhile, has a Korean New Deal, or “K-New Deal” backed by a US$135bn investment programme that includes measures to create 659,000 new green jobs by 2025....
January 2, 2023
UK economy
FT economists’ survey: people to feel worse-off as inflation and tax rises bite in 2022
...Raising rates now may be too early as the recovery may yet reverse if a new lockdown is deemed necessary for public health reasons....
January 3, 2022
FT Live
Commodities Asia Summit
Enabling decarbonisation in a time of disrupted trade flows
Wednesday, 6 NovemberSingapore
Energy Source
The week in energy: Saudi Aramco draws back the curtain
...At the Khurais field, near Ghawar in the east of the country, a “mega-project” started production in 2009 with initial capacity of 1.2m b/d, subsequently raised to 1.5m b/d....
April 6, 2019
Oil
Exxon plans fivefold rise in Permian Basin shale oil production
...Total oil production in the Permian basin has roughly tripled in the past seven years as a result of the shale boom, from under 1m b/d a day at the start of 2011 to about 2.8m b/d today, and Exxon’s plans...
January 30, 2018
Oil
How US oil and gas passed test of ‘unprecedented’ weather
...Another 1.4m b/d were in the process of starting up and 2.3m b/d operating at below maximum output....
September 16, 2017
The Big ReadAndrew Ward
BP wins struggle to keep pace with its peers
...The 800,000 b/d that BP is planning to bring on stream between 2016 and 2020 is expected by the company to deliver an average cash margin 35 per cent higher than previous output....
December 20, 2017
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
News in-depthUS & Canadian companies
US shale groups roar back to life after oil slump
...Mr Hamm told analysts on a call last week: “The United States has retaken its place as a world energy leader, and we will compete effectively in this new regime.”...
May 9, 2017
US & Canadian companies
Alaska Air reaches for sky with Virgin America deal
...Virgin’s 60 A319 and A320 aircraft are mostly leased, while the airline has a diffuse route structure, lacking dominant positions. Virgin serves 18 cities in the US and three in Mexico....
April 4, 2016
FT & McKinsey Business Book of the Year Award
Excerpts from the 2016 shortlist
...Apple didn’t need that money to build a new plant or to develop a new product line....
November 10, 2016
US & Canadian companies
Three US shale producers slash capital spending plans
...Hess said production would be 330,000 to 350,000 b/d for 2016, a drop of 7 to 12 per cent from its rate in the first nine months of last year....
January 27, 2016
US trade
End of US oil export ban brings only light relief
...“It might actually be a while before you see a net new barrel exported from the United States,” he says. “We are exporting barrels to eastern Canada and Mexico....
December 16, 2015
US trade
Oil market throws cold water on US export ban push
...US exports of processed condensate reached 126,000 b/d in June, from zero a year before, according to Clipper Data....
July 6, 2015
European equities
Markets await US labour and trade data
...The Bank of England will announce its rate decision on Thursday, with central banks in Australia, Brazil and Mexico also expected to announce decisions over the coming week....
June 1, 2015
FT Magazine
Cannabis: Silicon Valley’s hot new sector
...to new cities....
August 7, 2015
Books
Extracts from the 2015 shortlist
...More than 70 per cent of low-wage workers in the United States do not get paid sick days, which means that they risk losing their jobs when a childcare or health issue arises....
October 19, 2015
FT Live
Commodities Global Summit 2025
The pre-eminent gathering of senior commodity executives, traders and financiers
Monday, 24 March 2025Lausanne, Switzerland
US & Canadian companies
Taking on the smart criminals
...“Crime Inc”, as he calls it, is hiring assembly-line workers from local aircraft factories to work in covert narco-drone plants in Mexico....
April 9, 2015
News in-depthThe Big Read
US shale: What lies beneath
...Production in North Dakota is growing – it broke through 1m b/d in April – because there are so many new wells being drilled there....
August 26, 2014
US politics & policy
New York fracking stalled by court ruling
...But as he and the companies – including Chesapeake and Williams – were hashing out new terms the following year, New York State issued a moratorium on hydraulic fracturing, pending the outcome of a health...
July 4, 2014
Q&ABusiness education
Women in Business – Miki Tsusaka, MBA
...What is your plan B? If I redirect my attention to non-corporate opportunities, I’d like to contribute to a cause in support of women and children in a non-profit or public/private sector partnership....
November 2, 2014
US trade
Plan to export Canadian crude via US port
...from Cushing to the Gulf coast will add 450,000 b/d of capacity....
April 7, 2014
Oil
US crude oil exports rise sharply
...Crude imports from Canada, a key supplier of “sour” barrels, hit an all-time high of 2.8m b/d in February, even as US imports overall dropped to a 17-year-low of 7.3m b/d....
April 29, 2013
US & Canadian companies
US oil output highest in two decades
...Output surpassed 7m b/d in both November and December. Net US crude imports meanwhile fell by 437,000 b/d last year to 8.5m b/d, the lowest level in 15 years....
February 27, 2013
Oil
Disputes rage along US oil pipelines
...The Association of Oil Pipe Lines said new US pipeline capacity totalling 500,000 b/d came into operation last year. US crude output rose 780,000 b/d last year, the government estimates....
January 8, 2013
On MondayOil
BP stuck in holding pattern
...Some of the highest-margin barrels in BP’s portfolio are in the Gulf of Mexico: but production there has struggled to get back to pre-spill levels, and will drop by 50,000 b/d this year because of divestments...
February 24, 2013
Life & Arts
Univision of the future
...“He’s kind of a force of nature,” says Univision chief executive Randy Falco. “If he was a shoe salesman, I’d be selling shoes right now,” adds Summa....
April 12, 2013

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