Accessibility helpSkip to navigationSkip to contentSkip to footer

Cookies on FT Sites

We use cookies and other data for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.

Accept cookies
Manage cookies
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
SubscribeSign InmyFT
  • Home
  • World
    Sections
    • World Home
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    • Australia & NZ
    Most Read
    • Kevin McCarthy ousted as House Speaker by Republican rebels
    • ‘Now what?’: Kevin McCarthy’s historic downfall stuns Washington
    • EU estimates Ukraine entitled to €186bn after accession
    • India tells Canada to withdraw dozens of diplomatic staff
    • Germany becomes scapegoat in Poland’s bitter election campaign
  • UK
    Sections
    • UK Home
    • UK Economy
    • UK Politics
    • Brexit
    • UK Companies
    • Personal Finance
    Most Read
    • Rishi Sunak axes northern leg of HS2 in flurry of ‘radical’ decisions
    • Jeremy Hunt pushed for HS2 rail line to end in central London
    • Suella Braverman says ‘hurricane’ of migrants coming to the UK
    • The ‘rabidly anti-HS2’ aide who has Rishi Sunak’s ear
    • Northern leg of HS2 will be cancelled, Grant Shapps confirms
  • Companies
    Sections
    • Companies Home
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
    Most Read
    • Revolut strikes share deal with SoftBank to remove barrier to UK licence
    • Blackstone funds legal action over soured Bain Capital deal
    • Hedge funds Millennium and Schonfeld in advanced partnership talks
    • News updates from October 3: McCarthy ousted as House speaker, Japanese yen falls through 150 level
    • The London office market is becoming harder work
  • Tech
  • Markets
    Sections
    • Markets Home
    • Alphaville
    • Markets Data
    • Cryptofinance
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Fund Management
    • Trading
    • Moral Money
    • ETF Hub
    Most Read
    • Live news: Oil sinks more than 5% in biggest one-day drop in more than a year
    • Revolut strikes share deal with SoftBank to remove barrier to UK licence
    • Bond sell-off intensifies as long-term US yields hit 16-year high
    • Hedge funds Millennium and Schonfeld in advanced partnership talks
    • News updates from October 3: McCarthy ousted as House speaker, Japanese yen falls through 150 level
  • Climate
  • Opinion
    Sections
    • Opinion Home
    • Columnists
    • The FT View
    • Lex
    • Obituaries
    • Letters
    Most Read
    • Italians have embraced ‘fake English’
    • Britain is Europe’s haven from the hard right
    • Can China overcome its demographic deficit?
    • The return of American isolationism
    • Chief executives really need to lengthen their attention spans
  • Work & Careers
    Sections
    • Work & Careers Home
    • Business School Rankings
    • Business Education
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
    Most Read
    • Why personal conduct is a growing risk for business
    • The ghastly modern office needs a reboot
    • ‘Talk to everyone you can’: Plaid’s Zach Perret on navigating a failed sale and Covid upheaval
    • Labour conference will be so full of execs it will look like Davos, only in Liverpool
  • Life & Arts
    Sections
    • Life & Arts Home
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Travel
    • FT Globetrotter
    Most Read
    • How to look rich
    • Climate change leads homebuyers to seek a place not in the sun
    • David Bowie — six songs that shook the world of music
    • At home with Frankel, the racehorse turned super-stud
    • Partygate, Channel 4 review — Covid-era docudrama pulls no punches
  • HTSI
MenuSearch
  • Home
  • World
  • UK
  • Companies
  • Tech
  • Markets
  • Climate
  • Opinion
  • Work & Careers
  • Life & Arts
  • HTSI
Financial Times
SubscribeSign In

David Sheppard

Energy editor

David Sheppard runs the FT’s energy and environmental coverage reporting on companies as they navigate the energy transition, oil and gas markets, Opec, and the powerful trading houses that move the world’s natural resources.

He was previously energy markets editor at the FT in London and a senior reporter at Reuters, working in London, New York and Iraq.

Email David Sheppard @OilSheppard  on Twitter (link opens in a new browser window)

Add to myFT Digest

Add this topic to your myFT Digest for news straight to your inbox

  • Sunday, 1 October, 2023
    Carbon tax
    UK exporters face hefty EU carbon tax bill after Sunak weakens climate policies

    UK carbon market collapse lets Brussels benefit from revenues that would previously have gone to Treasury

  • Wednesday, 27 September, 2023
    UK energy
    National Gas explores paying UK households to turn down heating

    Energy network operator to run a trial to reduce gas demand if shortages loom

    A smart energy meter being held next to a central heating thermostat dial
  • Sunday, 24 September, 2023
    Russian business & finance
    Russia dodges G7 price cap sanctions on most of its oil exports

    Shift in seaborne trade suggests Kremlin will benefit from rising prices despite west’s $60-a-barrel cap

    A Russian cargo ship carrying crude oil docked at Karachi port in Pakistan
  • Thursday, 21 September, 2023
    Energy sector
    Russia puts squeeze on oil market with diesel export ban

    Curbs raise concerns Kremlin is ‘repeating playbook’ by again weaponising energy supplies

    A petrol station in Russia
  • Thursday, 21 September, 2023
    Oil
    Hedge funds add fuel to oil price rally with bets on rise above $100

    Speculators have increased their long positions as crude has climbed almost 30% since June

    An oil refinery in California
  • Tuesday, 19 September, 2023
    Oil
    Oil price exceeds $95 a barrel on fears of supply shortfall

    Production cuts by Russia and Saudi Arabia have sparked tensions with western economies

    Oil pumping jacks
  • Tuesday, 19 September, 2023
    BP PLC
    BP appoints Kate Thomson as interim CFO

    Energy company overhauls top management following exit of Bernard Looney

    Kate Thomson
  • Friday, 15 September, 2023
    Oil
    Russia routes thin-hulled oil tankers through Arctic for first time

    Use of unreinforced vessels raises risks of environmental disaster as Moscow diverts sanctions-hit exports

    A tanker at the Zvezda shipyard in far-eastern Russia
  • Friday, 15 September, 2023
    BP PLC
    How Bernard Looney’s career at BP unravelled

    Chief executive’s abrupt exit has left oil major facing questions over its culture

    Bernard Looney and a BP logo
  • Thursday, 14 September, 2023
    News in-depthBP PLC
    Looney’s exit throws BP’s strategy into doubt

    Chief went further than competitors in oil and gas group’s commitments to invest in renewable energy

    Bernard Looney
  • Tuesday, 12 September, 2023
    Oil & Gas industry
    World at ‘beginning of end’ of fossil fuel era, says IEA

    Global demand for oil, natural gas and coal expected to peak before end of 2030

    Eskom’s Kendal coal-fired power station in Mpumalanga, South Africa
  • Friday, 8 September, 2023
    Oil & Gas industry
    Saudi Arabia’s push for $100 oil poses new problem for Biden

    Rising energy prices come as US president puts economic record at heart of re-election bid

    Joe Biden, Crown Prince Mohammed bin Salman and the Khurais oil field in Saudi Arabia
  • Wednesday, 6 September, 2023
    Oil & Gas industry
    A winter of discontent looms on petrol station forecourts

    Rising refining costs have been adding to what business and consumers pay for fuel

    Several cars at a gas station in Mostoles, Spain
  • Tuesday, 5 September, 2023
    Oil
    Oil hits $90 for first time in 2023 as Saudi Arabia and Russia extend cuts

    Prolonged reductions likely to raise tensions with White House

    Oil storage tanks in Saudi Arabia
  • Wednesday, 30 August, 2023
    African politics
    Military leaders seize power in oil-rich Gabon

    Army officers say they have taken control from President Ali Bongo after he was declared election winner

    Image taken from a video of President Ali Bongo at his official residence in which he confirmed he had been placed under arrest
  • Thursday, 24 August, 2023
    Harbour Energy
    Harbour Energy to increase UK oil investments ahead of election

    Chief executive attributes plan to current attractive tax deductions for new expenditure

    Harbour Energy’s Armada platform
  • Monday, 14 August, 2023
    UK energy
    UK uses inflated carbon price to shape energy policy, analysts say

    High cost makes renewable projects appear much cheaper relative to gas-fired power stations

    a view of turbines at Whitelee Windfarm in East Renfrewshire
  • Sunday, 13 August, 2023
    News in-depthWar in Ukraine
    Russia exploits billion-dollar oil cap loophole

    Inflated shipping costs offer opportunity to bring in more cash

    A tanker off the coast of Morocco
  • Wednesday, 9 August, 2023
    Abu Dhabi National Oil Co
    Abu Dhabi oil giant builds internal ‘investment bank’ to chase $50bn in global deals

    Adnoc amasses 50-strong team as UAE state oil group seeks to diversify business and expand overseas

    Sultan al-Jaber
  • Tuesday, 8 August, 2023
    EU energy
    EU increases gas storage in Ukraine to ease winter shortage

    Ample capacity and favourable customs rules prompt European industry to shift natural supplies

    A worker walks past pipes and valves at Dashava natural gas facility in Dashava, Ukraine
  • Tuesday, 8 August, 2023
    Energy Source
    Pump prices complicate road to the White House Premium content

    Also in today’s newsletter, the most important data point in the UK energy transition right now

    A person pumps gas at a Shell gas station on August 03 in Austin, Texas
  • Monday, 7 August, 2023
    Goldman Sachs Group
    Goldman’s top commodities analyst Jeff Currie joins high-profile exit list

    Head of research unit made name for himself by predicting the ‘super cycle’ ahead of oil price peak

    Jeff Currie
  • Sunday, 6 August, 2023
    Oil
    Rising petrol prices spark new concern in Washington

    Jump in fuel costs comes as Saudi Arabia threatens deeper oil supply cuts and global demand soars

    A sign shows the cost of petrol in a California forecourt, where one gallon of regular unleaded sells for almost $5
  • Friday, 4 August, 2023
    War in Ukraine
    Ukraine attacks Russian naval vessel in first threat to oil infrastructure

    Moscow plays down scale of damage caused by drone strike on infrastructure and army base in Novorossiysk

    The Russian naval vessel, the Olenegorsky Gornyak
  • Thursday, 3 August, 2023
    Oil & Gas industry
    Saudi Arabia says it could deepen oil production cuts

    Fresh curbs risk stand-off with US, which wants lower prices to boost economy and squeeze Russian revenues

    Oil storage tanks in the Keihin industrial area in Kawasaki, Japan
Previous page You are on page 1 Next page

Useful links

Support

View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareers

Legal & Privacy

Terms & ConditionsPrivacy PolicyCookiesCopyrightSlavery Statement & Policies

Services

Share News Tips SecurelyIndividual SubscriptionsProfessional SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on XFT ChannelsFT Schools

Tools

PortfolioToday’s Newspaper (FT Digital Edition)Alerts HubBusiness School RankingsEnterprise ToolsNews feedNewslettersCurrency Converter

Community & Events

FT CommunityFT Live EventsFT ForumsFT Board DirectorBoard Director Programme

More from the FT Group

Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2023. FT and ‘Financial Times’ are trademarks of The Financial Times Ltd.
The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
Financial Times

UK Edition

Subscribe for full access
  • Switch to International Edition

Top sections

  • Home
  • World
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    • Australia & NZ
  • UK
    • UK Economy
    • UK Politics
    • Brexit
    • UK Companies
    • Personal Finance
  • Companies
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
  • Tech
  • Markets
    • Alphaville
    • Markets Data
    • Cryptofinance
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Fund Management
    • Trading
    • Moral Money
    • ETF Hub
  • Climate
  • Opinion
    • Columnists
    • The FT View
    • Lex
    • Obituaries
    • Letters
  • Work & Careers
    • Business School Rankings
    • Business Education
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
  • Life & Arts
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Travel
    • FT Globetrotter
  • Personal Finance
    • Property & Mortgages
    • Investments
    • Pensions
    • Tax
    • Banking & Savings
    • Advice & Comment
    • Next Act
  • HTSI
  • Special Reports

FT recommends

  • Lex
  • Alphaville
  • Lunch with the FT
  • FT Globetrotter
  • #techAsia
  • Moral Money
  • Visual and data journalism
  • Newsletters
  • Video
  • Podcasts
  • News feed
  • FT Live Events
  • FT Forums
  • Board Director Programme
  • myFT
  • Portfolio
  • Today’s Newspaper (FT Digital Edition)
  • Crossword
  • Our Apps
  • Help Centre
  • Subscribe
  • Sign In