The biggest takeover deal in Europe so far this year was driven by a simple trend: at some point this decade, petrochemicals will become the main driver of oil demand growth. The Abu Dhabi National Oil Company (Adnoc), one of […]
Plastics become growth driver for oil groups during energy transition Read More »
The chief executive of a North Sea oil and gas group faked bank statements and forged board documents to steal at least €143.8mn, according to a London lawsuit filed by his former company and backer of an Iranian petrochemicals maker.
Viaro chief accused of forgery and stealing €144mn in London lawsuit Read More »
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The rapid rise of artificial intelligence gives the world’s largest oil companies a major incentive to increase their investments in
AI’s huge power needs give oil majors incentive to invest in renewables, says Adnoc boss Read More »
Stay informed with free updates Simply sign up to the Renewable energy myFT Digest — delivered directly to your inbox. Masdar, the Middle East’s biggest renewable energy company, has laid out how it plans to lift its wind and solar
Masdar outlines plan to become one of world’s biggest renewable energy groups Read More »
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Google has ordered six to seven small modular nuclear reactors (SMRs) from Kairos Power, becoming the first tech company to
Google orders small modular nuclear reactors for its data centres Read More »
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BP said its third-quarter earnings would be lower than expected when it reports at the end of October, on weak
BP warns of hit to earnings from weak refining margins and lower output Read More »
Stay informed with free updates Simply sign up to the Oil myFT Digest — delivered directly to your inbox. Oil prices sank sharply on Tuesday, falling by more than 5 per cent on worries over the Chinese economy and extending
Oil prices sink on worries over Chinese demand Read More »
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How Russia’s LNG ‘dark fleet’ disguises its activity Read More »
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Fourteen of the world’s biggest banks and financial institutions are pledging to increase their support for nuclear energy, a move
World’s biggest banks pledge support for nuclear power Read More »
Stay informed with free updates Simply sign up to the Oil & Gas industry myFT Digest — delivered directly to your inbox. Morgan Stanley has cut its forecasts for Europe’s largest oil and gas companies, predicting that waning prices will
European oil majors face falling profits, says Morgan Stanley Read More »
