By: Jessica Morris

I write about energy and industrials for City A.M. I'm particularly interested in geopolitics, energy policy and, of course, the ever lively oil markets.

All 2633 Articles

The cost of dying: Four charts showing why we’re facing a “funeral time-bomb”

April 21, 2015

We're living through a remarkable time in which "noflation" is making it increasingly cheap to live in the UK – and yet the cost of dying is soaring. The cost of a simple funeral has risen by 80 per cent in the six years to 2014, from £1,920 to £3,590, according to a new report, echoing [...]
UK pressures Russian tycoon Mikhail Fridman to sell North Sea oil fields

April 20, 2015

Unfortunate news for Russian tycoon Mikhail Fridman: the government has threatened to revoke the licenses of a dozen North Sea gas fields belonging to his investment vehicle, L1 Energy, unless they're sold. The Department of Energy and Climate Change said LetterOne, the owner of subsidiary L1, must sell the oil and gas fields within three [...]
Bye-bye HSBC? The British bank is eyeing a move abroad

April 20, 2015

HSBC will look into upping sticks and moving its headquarters out of London once the regulatory environment becomes clearer, its chairman said today. "We are beginning to see the final shape of regulation, the final shape of structural reform and as soon as that mist lifts sufficiently we will once again start to look at [...]
Morgan Stanley’s first-quarter results just beat expectations

April 20, 2015

Morgan Stanley has followed in the footsteps of rivals Goldman Sachs and JP Morgan with a better-than-expected set of first quarter results, which further signal the revival of the struggling investment banking sector. It said net income jumped to $2.31bn (£1.55bn) in the first quarter of 2015, compared to $1.45bn a year earlier. This works [...]
IMF says Greek talks gaining momentum as default looms

April 20, 2015

An International Monetary Fund (IMF) official has said the Greek debt negotiations have stepped up a gear recently – and there's hope for a positive outcome as the prospect of a default draws closer. "There has been a little bit more impetus in the negotiations between the three institutions and the Greek government for several days," the [...]
Petrofac share price falls 13 per cent amid costs hike

April 20, 2015

Shares in Petrofac dived today, after the oilfield services provider announced an additional £130m pre-tax loss for its Shetland gas project in the North Sea. Shares in Petrofac fell as much as 13 per cent to 875.28p in mid-morning trade on the London Stock Exchange. The firm said the final stages of the project had [...]
Eni chief exec Claudio Descalzi says Saudi Arabia has lost control of prices

April 20, 2015

Eni's chief executive Claudio Descalzi has previously warned under-investment could lead oil prices to hit $200 per barrel – now he's back with another ominous forecast for the world's tumultuous oil market. Speaking to the Financial Times, Descalzi said the Organization of the Petroleum Exporting Countries (Opec) was neither willing nor able to control oil prices. Since the 1980s Opec, [...]
Metro Bank is the latest challenger bank to eye London float

April 19, 2015

The battle between the "big four" high street lenders and the challengers banks just ratcheted up a notch. New kid on the block Metro Bank is eyeing a £1bn initial public offering on the London stockmarket next year, according to the Telegraph. This comes just five years after it emerged to shake-up Britain's banking landscape. [...]
General Election 2015: One chart showing the most clichéd political party manifestos

April 19, 2015

The Conservatives aren't performing spectacularly in the polls, but they're far ahead of rivals in terms of clichés. As we face one of the most unpredictable voting outcomes in living memory, voters can rely on a spew of clichés from the country's top politicians. They're currently busy travelling the length and breadth of Britain, on a quest to meet "hard working families" [...]
Finland’s new government will face these economic headwinds

April 19, 2015

Nervous investors today have one eye on Greece and the other one on … Finland. Today Finn's are going to the polls to elect a new governments. It's widely expected to be led by the liberal Center Party. It's also likely to include participants from Prime Minister Alex Stubb's National Coalition Party (Kokoomus) as well [...]

Drinking in stands hailed as success as more clubs join WSL pilot scheme

Judge awards McLaren F1 team over $12m in Alex Palou trial

This Soho pub is putting on a ‘problematic’ show about a drunkard

By: Jessica Morris

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