Oil surges after Joe Biden’s comments on Israeli retaliation
Unlock the US Election Countdown newsletter for free The stories that matter on money and politics in the race for the White House Oil soared to its highest level in…
Adnoc’s cash has good chemistry with struggling German industry
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Middle Eastern oil and gas companies are flush with cash.…
Fossil fuel projects face higher bar in UK as legal challenges mount
Stay informed with free updates Simply sign up to the UK energy myFT Digest — delivered directly to your inbox. In an unforgiving stretch of the North Sea roughly 250km…
Global egg price surges as avian flu hits supplies
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Prices for eggs have soared as devastating bird flu outbreaks…
Chevron will leave John Hess off its board to win merger approval
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Chevron will agree to exclude the chief executive of Hess…
Legal challenges to North Sea oil projects gather pace after court ruling
Stay informed with free updates Simply sign up to the Oil & Gas industry myFT Digest — delivered directly to your inbox. Legal challenges against two major oil and gas…
TotalEnergies to appeal landmark greenwashing ruling in South Africa
This article is an on-site version of our Energy Source newsletter. Premium subscribers can sign up here to get the newsletter delivered every Tuesday and Thursday. Standard subscribers can upgrade to Premium…
Banks slash loans to UK North Sea oil groups as windfall tax hits industry
Banks have slashed the amount of loans to UK oil and gas producers since the introduction of the windfall tax on fossil fuel companies in 2022, according to lenders. The…
Trafigura set to name Richard Holtum as chief executive
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Trafigura, one of the world’s biggest commodity traders, is preparing…
London’s cocoa market blighted by ‘poisoned pill’
A frantic hunt by chocolate manufacturers for high-grade cocoa has left a backlog of old, poor-quality beans lying in London’s warehouses, leading to a rare divergence in prices between the…
Chevron boss blames Joe Biden for pushing up energy prices
Unlock the US Election Countdown newsletter for free The stories that matter on money and politics in the race for the White House Chevron boss Mike Wirth has attacked the…
BP puts $2bn US onshore wind business up for sale
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BP has put bp Wind Energy, its onshore wind business…
Saving Grangemouth jobs tests Scotland’s shift to net zero
Stay informed with free updates Simply sign up to the Oil & Gas industry myFT Digest — delivered directly to your inbox. The closure of Scotland’s only oil refinery next…
The Hague will become first city to ban fossil fuel ads by law
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Hague will become the world’s first city to write…
Oil tumbles out of narrow trading range as recession fears grow
The price of oil has tumbled out of its year-long trading range as investors grow increasingly nervous about the impact of a slowdown in the world’s largest economies on the…
Gold mining needs bigger nuggets
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The great gold roll-up has been a long time coming.…
University ties to fossil fuel industry face growing scrutiny
This article is an on-site version of our Energy Source newsletter. Premium subscribers can sign up here to get the newsletter delivered every Tuesday and Thursday. Standard subscribers can upgrade to Premium…
Orange juice squeezed by Brazilian drought
Orange juice prices have skyrocketed to all-time highs as severe drought and widespread crop disease have crushed yields in Brazil, the world’s top exporter, leaving soft-drink companies facing a “dire”…
Opec delays production increases for two months
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Opec+ members have agreed to delay planned increases to oil…
Abu Dhabi to invest billions in Exxon’s Texas hydrogen project
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The crown prince of Abu Dhabi has thrown his weight…