Swiss trader’s audacious swoop on Russian group’s overseas assets revives industry speculation over Kremlin links
The EU is missing an opportunity to save on energy costs and reduce its reliance on foreign countries
UK company posts second successive quarter of better than expected profits
SM Energy and Civitas Resources announce all-stock ‘strategic combination’
Crude prices climb after eight countries agree to pause further production increases at start of 2026
Eli Cohen claims he is holding up agreement to obtain better commercial terms but move has upset US
Two biggest US oil majors report rising production in third quarter amid supply glut forecasts
Buyer had close ties to Moscow and was co-founded by close associate of Vladimir Putin
FTSE 100 energy company boosted by gas trading rebound and launch of Canada LNG project
Aid groups warn Islamist insurgency is intensifying and restart of investments by oil majors could inflame tensions
Cheniere Energy and Venture Global among operators of terminals in violation of Clean Air Act
Chancellor seeks assurances from industry that the move would boost investment in North Sea
Statement follows FT reporting on crude purchases that had been transported on sanctioned vessels
Indian refinery received at least four crude shipments this year worth almost $280mn on sanctions-listed vessels
Twin-island nation has been a vocal supporter of Donald Trump’s campaign against alleged drug traffickers
Also in today’s newsletter, Swedish zinc mine hosts the ‘world’s deepest marathon’
Russia’s second-largest oil producer makes move after the US imposed sanctions on the company
Operations will continue while application for holding company of former FTSE 100 group proceeds
Industrialist Aliko Dangote targets 1.4mn bpd capacity increase at Lagos refinery with $5bn backing from Afreximbank
French energy group requests additional $4.5bn in costs and delay in schedule
Sanctions on top oil producers raise the costs of Ukraine conflict for Moscow
Decision risks upending the industry by disrupting exports and forcing both companies to adapt
Court ruling against TotalEnergies reflects wider EU crackdown on greenwashing
And alternative assets’ struggles
US president’s measures are intended to bring Putin to the table but also risk stoking oil prices
