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David Sheppard

Energy editor

David Sheppard runs the FT’s energy and environmental coverage reporting on companies as they navigate the energy transition, oil and gas markets, Opec, and the powerful trading houses that move the world’s natural resources.

He was previously energy markets editor at the FT in London and a senior reporter at Reuters, working in London, New York and Iraq.

Email David Sheppard @OilSheppard  on Twitter (link opens in a new browser window)
Email David Sheppard @OilSheppard  on Twitter (link opens in a new browser window)

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  • Friday, 2 December, 2022
    EU energy
    EU reaches deal to impose $60 cap on Russian oil exports

    Poland drops objections after Brussels pledges to work on new package of sanctions against Moscow

  • Friday, 2 December, 2022
    Oil
    Russia assembles ‘shadow fleet’ of tankers to help blunt oil sanctions

    Shipping brokers estimate more than 100 vessels have been acquired this year to transport crude for Moscow

  • Thursday, 1 December, 2022
    EU energy
    Brussels seeks deal on $60 global price cap for Russian oil

    EU tries to get agreement over line after months of talks, in effort to curb Kremlin fuel revenues

  • Thursday, 1 December, 2022
    NK Lukoil OAO
    Lukoil resumes talks with US buyout group to sell Italian refinery

    Crossbridge Energy negotiating deal with Russian company for as much as €1.5bn but Rome seeks more time to close

  • Wednesday, 30 November, 2022
    Bulb Energy
    High Court rules government plans to sell Bulb to Octopus can proceed

    Rescue of failed energy supplier has ballooned, with taxpayers on hook for potentially hundreds of pounds per household

  • Wednesday, 30 November, 2022
    ExplainerEU energy
    Why has Europe struggled to agree on an energy price cap?

    EU divisions over how to tame high gas and electricity costs caused by Russian export cuts have yet to be resolved

  • Tuesday, 29 November, 2022
    UK energy
    Centrica says Bulb sale risks ‘future stability’ of UK energy market

    Court filing warns on Octopus’s finances and suitability to take on 1.5mn customers

  • Monday, 28 November, 2022
    The Big Read
    The week that could unravel the global oil market

    As western countries prepare to impose a price cap on Russian crude, many of the industry’s norms are being undermined

  • Sunday, 27 November, 2022
    European Union
    EU races to settle differences over level of cap on Russian oil price

    Hawkish member states including Poland push for tougher ceiling to limit Moscow funding for Ukraine war

  • Friday, 25 November, 2022
    Office of Gas & Electricity Markets UK
    Ofgem sets out plans to reform Britain’s energy market

    Regulator intends to adjust profit margins but declines to ringfence customer funds

  • Thursday, 24 November, 2022
    Energy Source
    The clock is ticking on a Russian oil price cap Premium content

    Plus, what Steve Martin would have paid for petrol to make it home for Turkey day in 1987 versus today

  • Tuesday, 22 November, 2022
    War in Ukraine
    Russia threatens to restrict gas flows to western Europe via Ukraine

    Kyiv rejects accusation by Gazprom it is taking supplies for Moldova from last remaining pipeline

  • Tuesday, 22 November, 2022
    Enel SpA
    Enel seeks to slash debt with €21bn asset sale

    Italian state-backed utility to withdraw from several markets to focus on six ‘core countries’ in renewables push

  • Friday, 18 November, 2022
    UK energy
    UK government under fire over ‘inexplicable’ Bulb decision

    Barring nationalised supplier from hedging energy purchases forecast to cost bill payers £200 a household

  • Thursday, 17 November, 2022
    Bulb Energy
    Bulb Energy bailout to cost UK taxpayers £6.5bn

    New documents show failed energy supplier will be costliest state rescue since RBS

  • Thursday, 17 November, 2022
    Autumn Statement
    UK to extend household energy support but curb help for business

    Hunt sets out increase to cap as he aims to restore fiscal credibility

  • Thursday, 17 November, 2022
    Autumn Statement
    UK hits energy companies with new windfall taxes

    Chancellor increases profits levy to 35% and introduces 45% tax on electricity generators

  • Wednesday, 16 November, 2022
    SSE PLC
    SSE profits soar on back of rising energy prices

    UK power group stresses renewables investment ahead of potential windfall tax

  • Tuesday, 15 November, 2022
    EU energy
    Germany finishes construction of its first LNG import terminal

    Completion of project in just 200 days eases fears of gas shortage amid cut in Russian supplies

  • Monday, 14 November, 2022
    Autumn Statement
    Hunt draws up new windfall tax on UK electricity generators

    Chancellor’s plan for 40% levy on ‘excess returns’ replaces idea of industry revenue cap

  • Friday, 4 November, 2022
    War in Ukraine
    G7 says Russian oil price cap to be ready ‘in the coming weeks’

    Officials likely to set fixed figure rather than floating rate

  • Friday, 4 November, 2022
    NK Lukoil OAO
    Lukoil rejects US buyout group’s offer for Sicily refinery

    Collapse of talks over deal backed by Vitol risks bankrupting Russian-owned facility

  • Thursday, 3 November, 2022
    UK politics & policy
    UK to ban ship insurance cover for Russian oil ahead of G7 price cap

    Treasury measures seek to cut access to key London-based P&I provision for seaborne cargoes

  • Thursday, 3 November, 2022
    Oil & Gas industry
    IEA sounds ‘alarm bell’ on Europe’s 2023 gas supplies

    Agency warns governments not to become complacent despite falls in prices

  • Thursday, 3 November, 2022
    Harbour Energy
    UK oil and gas producer Harbour Energy warns on windfall tax risk

    Company says any increase in levy could force it to reconsider investments

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