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Commodities

  • Tuesday, 17 December, 2024
    News in-depthTrafigura
    Trafigura under fresh scrutiny after scandals hit profits

    Commodities trading house knocked by repeated failures of risk controls that have taken financial and reputational toll

    Richard Holtum, Trafigura logo, US dollars
  • Tuesday, 17 December, 2024
    Batteries
    US backs graphite factory to loosen China’s EV supply chain grip

    Australia’s Novonix to build North America’s largest facility making synthetic form of vital battery component

    An electric car battery at a Ford factory in Michigan
  • Monday, 16 December, 2024
    War in Ukraine
    Europe agrees insurance crackdown on Russia’s ‘dark fleet’

    Tankers carrying Russian oil must show they have adequate cover when passing through European waters

    A Russian oil tanker
  • Monday, 16 December, 2024
    Oil
    EU imposes sanctions on oil trader Niels Troost over alleged Russian involvement

    Dutch national is first EU citizen targeted in relation to western price cap measures introduced after full-scale Ukraine invasion

    Niels Troost
  • Monday, 16 December, 2024
    UK energy
    UK to compensate developers if £8bn gas plant project is blocked by court

    Agreement for power station and carbon capture scheme highlights how legal action is key factor for energy groups

    Activist Andrew Boswell with supporters outside the Royal Courts of Justice
  • Monday, 16 December, 2024
    Australia
    Australia lowers tax revenue forecast on weak Chinese economy

    Treasury cuts $5.4bn from budget estimates over next four years, citing ‘significant impact’ of softer commodities demand

    A freight train carries iron ore towards Port Hedland, Australia
  • Sunday, 15 December, 2024
    Russia
    Storm-hit Russian petroleum tankers trigger fears of fuel spills in Black Sea

    One vessel’s prow breaks off and another craft runs aground in Kerch Strait off Crimea

    A video showing the prow breaking off from the Volgodonsk 212 carrier in the Kerch Strait
  • Sunday, 15 December, 2024
    Gulfsands Petroleum PLC
    Relax Syria sanctions to bring in western oil operators, Gulfsands boss says

    Head of London-based company says boosting production would help the country ‘get back on its feet’

    Oil well pumps are seen in the Rmeilane oil field in Syria’s north-eastern Hasakeh province
  • Saturday, 14 December, 2024
    Shipping
    LNG freight rates plummet as sector grapples with glut of ships

    Overproduction of vessels after 2022 energy crisis and delays to gas projects weigh on market to ship fuel

    Tug boats prepare to pull out an LNG tanker from a  facility in Cameron, Louisiana
  • Saturday, 14 December, 2024
    FT Magazine
    He thought a CIA-connected fixer would save him. Instead he got sanctioned

    One of only two Europeans sanctioned for trading Russian oil says he was duped by an alleged ‘conman’

  • Friday, 13 December, 2024
    Trafigura
    Trafigura profits drop to 4-year low as energy markets ‘normalise’

    Results follow reduction in volatility caused by outbreak of Ukraine war and losses incurred from fraud at Mongolian unit

    company logo
  • Thursday, 12 December, 2024
    Rio Tinto PLC
    Rio Tinto to invest $2.5bn in latest commitment to lithium

    Mining major is betting on metal’s future because of its key role in electric vehicle batteries despite global glut

    Brine pools used to extract lithium at the Salar del Rincon salt flat in Argentina
  • Thursday, 12 December, 2024
    Energy Source
    Resource nationalism on the rise amid geopolitical tensions Premium content

    Businesses face increased risk from protectionism as countries race to secure access to critical minerals, according to new research

    A truck drives through a mining site in Zimbabwe
  • Thursday, 12 December, 2024
    Abu Dhabi National Oil Co
    Former BP chief Looney joins board of Abu Dhabi energy group XRG

    Blackstone president Jonathan Gray also appointed to board

    Bernard Looney speaks during an interview
  • Wednesday, 11 December, 2024
    ExxonMobil
    Exxon cranks up oil output despite fears of supply glut

    Energy supermajor’s bet on production comes after US rival Chevron announced cut to capital expenditure

    An Exxon service station
  • Wednesday, 11 December, 2024
    Renewable energy
    BP and Shell rein in electricity ambitions to escape ‘valley of death’

    Oil majors caught between pro-fossil fuel and pro-climate investors scale back $18bn power generation push

    Montage of BP and Shell logos, and electricity pylon
  • Wednesday, 11 December, 2024
    FT News Briefing podcast11 min listen
    Can big oil escape the ‘valley of death’?

    Caught between pro-fossil fuel and green investors, oil majors scale back electricity plans

  • Tuesday, 10 December, 2024
    Shell PLC
    Shell and Greenpeace settle ‘Cousin Greg’ lawsuit over protesters boarding vessel

    Environmental group to give £300,000 to charity and stay away from four North Sea platforms for at least five years

    Greenpeace activists in an inflatable boat, carrying a flag that says “Stop drilling, start paying”, approaching a Shell platform
  • Tuesday, 10 December, 2024
    Agricultural production
    EU’s new agriculture chief seeks more funds for small farmers

    Christophe Hansen seeks changes to bloc’s multibillion-euro farm subsidy scheme

    Farmers protesting in Carcassonne, southern France
  • Monday, 9 December, 2024
    Trafigura
    Swiss prosecutors demand 4-year jail sentence for former Trafigura COO

    Michael Wainwright accused of being ‘linchpin’ of scheme to bribe Angolan official

    Michael Wainwright  leaving the Federal Criminal Court in Bellinzona, Switerzerland on December 2 2024
  • Monday, 9 December, 2024
    LexBP PLC
    BP has only scratched the surface in solving its identity crisis Premium content

    Four years after enthusiastically banging the drum for wind power, the oil major is beating a retreat

    The logo of British multinational oil and gas company BP
  • Monday, 9 December, 2024
    BP PLC
    BP moves offshore wind business into joint venture with Japan’s Jera

    British major is pulling back from renewables to refocus on oil and gas

  • Monday, 9 December, 2024
    Special ReportFTfm: Responsible Investing
    Tough terrain ahead for investors in energy transition minerals

    Geopolitics and human rights concerns make lucrative opportunities difficult to access

  • Friday, 6 December, 2024
    Oil & Gas industry
    Viaro Energy boss wins court case over North Sea ‘asset-stripping’ claims

    Abu Dhabi’s Taqa and UK’s Spirit Energy claimed Francesco Mazzagatti deliberately removed value from JV in Brae oil and gasfield

    Sun set at east brae oil rig
  • Friday, 6 December, 2024
    Trafigura
    Trafigura used dozens of ‘high risk’ middlemen, court told in bribery case

    Prosecutors allege commodity trader paid more than €5mn in bribes via third parties to Angolan government official

    Exterior of the federal criminal court in Bellinzona, Switzerland, where the case is being heard
Previous page You are on page 2 Next page

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