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Oil & Gas industry

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  • Monday, 23 May, 2022
    Australian politics
    Australia’s Greens demand end to new coal and gasfields

    Strong poll performance gives environmental party sway in negotiations with new Labor government

    1 hour ago
  • Monday, 23 May, 2022
    FT News Briefing podcast9 min listen
    Can Boeing’s move towards the Pentagon solve its problems?

    Saudi Arabia has signalled it will support Russia as a part of the Opec+ group of oil producers

  • Monday, 23 May, 2022
    FTfmResponsible Investing
    Ukraine war creates new tensions for ESG investors

    The outperformance of energy sector shares after Russia’s invasion presents a test for the eco-conscious

  • Sunday, 22 May, 2022
    Saudi Arabia
    Saudi Arabia signals support for Russia’s role in Opec+ as sanctions pressure mounts

    Oil group’s production quotas set to expire in three months and Russian output is falling

  • Sunday, 22 May, 2022
    Lukoil’s ex-chief warns against EU ban on ‘irreplaceable’ Russian oil

    Vagit Alekperov says tightened sanctions would be worst outcome for Europe as well as Moscow

  • Sunday, 22 May, 2022
    Eni plans €2.5bn UK investment as calls for energy windfall tax grow

    Italian group’s commitment follows spending plans from BP, Shell and Harbour

  • Friday, 20 May, 2022
    War in Ukraine
    Gerhard Schröder steps down as Rosneft chair after Ukraine backlash

    Former spy Matthias Warnig also quits board of oil giant after controversy in Germany

  • Friday, 20 May, 2022
    EU energy
    Italy imports more Russian oil to feed refineries

    Refinery in Sicily forced to buy more oil from Russia in unintended consequence of sanctions

  • Thursday, 19 May, 2022
    Odey urges Shell to drop appeal against order to slash emissions

    Asset manager calls on oil major to seek creation of climate auditor for all companies

  • Thursday, 19 May, 2022
    Hungary
    Hungary’s MOL prepares to move away from Russian oil

    Country’s biggest energy group confirms planning has begun to enable refineries to process alternative crude

  • Thursday, 19 May, 2022
    National Grid PLC
    National Grid defends move to limit UK LNG imports

    Chief says gas glut has left pipelines running at capacity and that boosting flow would be unsafe

  • Thursday, 19 May, 2022
    Energy Source
    US faces summer fuel price surge Premium content

    $6-a-gallon petrol is coming, JPMorgan says

  • Thursday, 19 May, 2022
    Marsh & McLennan Companies
    Marsh revealed in oil pipeline project shunned by leading banks and insurers

    World’s largest broker takes on role of finding insurance despite protest from staff

  • Wednesday, 18 May, 2022
    UK politics & policy
    Truss warns Sunak against windfall tax on UK energy sector

    Chancellor under mounting pressure to help households cope with rising utility bills

  • Wednesday, 18 May, 2022
    EU energy
    EU accepts it will burn more coal in move away from Russian gas

    Brussels outlines plan to bolster energy infrastructure and insists it will still hit carbon reduction targets

  • Wednesday, 18 May, 2022
    Daniel Godfrey
    Divest fossil fuels — the time for engagement is over

    Investors must use their collective might to accelerate the transition to renewable energy

  • Tuesday, 17 May, 2022
    Cost of living crisis
    Sunak pressed to impose energy windfall tax

    Labour loses Commons vote on levy but chancellor warns industry ‘no option is off the table’

  • Tuesday, 17 May, 2022
    EU energy
    EU prepares to sell more carbon permits to pay for exit from Russian gas

    Plan risks pushing up emissions by making it easier to use other fossil fuels

  • Tuesday, 17 May, 2022
    EU energy
    Eni defies Brussels by opening rouble account for Russian gas payments

    EU reiterates move would breach bloc’s sanctions against Moscow

  • Tuesday, 17 May, 2022
    LexSaudi Aramco
    Saudi Aramco: crude colossus takes the crown Premium content

    Demand for the 2.5% of shares owned by foreign investors has risen with Russia’s pariah status

  • Tuesday, 17 May, 2022
    Energy Source
    Big Oil fends off shareholder climate votes amid energy crunch Premium content

    Plus, the US Gulf Coast emerges as a carbon capture and storage hotspot and oil refineries are emitting unsafe levels of benzene

  • Tuesday, 17 May, 2022
    Russia to permanently ‘decouple’ with west on energy, gas producers say

    Chevron and Woodside executives predict Moscow’s exclusion will benefit US and Australian producers

  • Tuesday, 17 May, 2022
    EU energy
    EU drive for new clean energy could see solar panels on all new buildings

    Commission plans for reducing carbon emissions accelerated by need to cut dependence on Russian fossil fuels

  • Monday, 16 May, 2022
    Shale Oil & Gas
    US shale companies enjoy ‘tsunami of cash’ on high oil prices

    Capital restraint and Russia’s invasion of Ukraine has transformed fortunes of once-indebted operators

  • Monday, 16 May, 2022
    News in-depthEU energy
    Europe’s push to plug its energy gaps

    Infrastructure ‘pinch points’ are making it more difficult for the EU to move away from Russian oil and gas

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