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Former employees say oil major has tended to overlook its rising stars’ mis-steps
Investments are starting to yield a reasonable return — with a lot less price volatility
Move by energy regulator will see bills rise to £1,928 a year for a typical home
Sector’s clean energy spending is far below that needed to hit Paris climate goals, agency says
Plans to convert site near Edinburgh to fuel import facility expected to put 80% of the 500 jobs at risk
Traders interpret delay as sign cartel is struggling to agree further production cuts
A falling oil price and the Israel-Gaza conflict create a potent backdrop for Sunday’s meeting of the oil cartel
Steel group seeks alternative source as concerns persist over high European energy prices
At COP this year, a commitment must be made to rapidly phasing down the use of all fossil fuels
Countries including Saudi Arabia, Russia and Iran push for waste management rather than curbing plastic production
Amos Hochstein tells FT energy markets are coping ‘fairly well’ despite pressure from two wars
South American nation set to join world’s top crude producers by end of decade
Saudi Arabia prepares to prolong reductions into spring after price hits four-month low of $77
Rating agency says investors ignore climate risks when lending to some fossil fuel companies
Oil major’s $54bn Gorgon natural gas project has failed to meet targets for capturing CO₂
Rome blessed purchase of Sicily plant by a company connected to billionaire convicted of corruption in Switzerland
Brent drops almost 5% to close at $77.42 a barrel
Move signals new enforcement effort following evidence that Kremlin is skirting G7 ban
Did price-gouging really contribute meaningfully to inflation?
Co-operation viewed as positive sign ahead of COP28 despite lack of commitment on phaseout of fossil fuels
New regulations fail to include specific target on reduction of potent greenhouse gas emissions from energy sector
Western nations are exploring more robust ways of enforcing a price cap on Kremlin’s crude
Europe accused of turning a blind eye on imprisoned academic because of its reliance on Baku for gas
Also in today’s newsletter, Exxon’s foray into lithium and a Russian oil scoop
Political risk stymies region’s wind and solar potential while fossil fuels deliver reliable returns
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