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.

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Russia’s Gazprom moves to quash Saudi-style gas price war speculation

May 31, 2016

Russian export monopoly Gazprom has moved to quash speculation that it could start a price war in the European gas market. Analysts, industry experts and commentators have argued Russia, which supplies about a third of Europe's gas via pipelines, could cut its prices in response to higher cost US liquefied natural gas shipments. Such a move would [...]
Oil prices heading for longest run of monthly gains in five years

May 31, 2016

Oil prices are on course for the longest run of monthly gains in five years, helped by supply outages across the world. Brent crude, the global benchmark, slumped 0.9 per cent to $49.33 per barrel today. West Texas Intermediate crude, the US benchmark, also fell 0.2 per cent to $49.4. Read more: These three perilous trends spell [...]
How to make workers more productive without paying them more

May 31, 2016

It's a question most managers are eager to know the answer to: How can a company make its employees more productive without paying them more? A new study by economists Michael Kosfeld, Susanne Neckermann, and Xiaolan Yang — published on the economics commentary website VoxEU — observed 413 students doing data-entry to find out. It defined meaningful work as something with a [...]
FTSE 100 heads for biggest weekly gain in six weeks

May 27, 2016

Britain's FTSE 100 was on course for its biggest weekly gain in six weeks today. The commodity heavy blue-chip index was up 1.7 per cent on the week, after oil prices touched $50 per barrel yesterday, and bank shares also made gains. It was down 0.1 per cent to 6,260.3 points in late afternoon trading. The [...]
Hinkley Point dealt fresh blow after French trade unions continue to oppose it

May 27, 2016

EDF's plans to build the Hinkley Point C nuclear power station in Somerset were dealt a fresh blow last night, after a key French union continued to oppose it. The central works committee said it wouldn't back the project until EDF provides more information. It had previously called for a two to three-year delay amid [...]
Donald Trump could pick a fight with Opec and the Paris climate deal

May 27, 2016

From oil to greener energy sources, Donald Trump is unimpressed with the depth and breadth of the energy world, taking issue with both Opec and COP 21, the climate change agreement struck in Paris last year. Trump's advisors have suggested that he examine the Organisation of the Petroleum Exporting Countries' (Opec) role in the oil price slump [...]
The British seaside towns holding referendums to ban holiday homes

May 27, 2016

Another Cornish seaside town is gearing up to introduce restrictions that will limit the sale of holiday homes. Fowey residents – where more than a third of the properties there are second homes – are being urged to back a plan which will give them more control of its development. They will vote in a referendum which could result [...]
Anglo American’s diamond business De Beers names new chief exec Bruce Cleaver

May 27, 2016

Anglo American's De Beers said today it had appointed Bruce Cleaver as chief executive from 1 July. Cleaver will replace Philippe Mellier who decided to step down after five years at the world's biggest diamond producer. Cleaver had been group director of strategy and business development at Anglo. Prior to this, he'd served as exec director for strategy and commercial relationships at [...]
Oil prices fall back from $50 as supply concerns weigh

May 27, 2016

Crude slumped today as investors worried higher prices would exacerbate the global oversupply. Brent crude, the global benchmark, fell 0.8 per cent to $49.2 per barrel this morning. West Texas Intermediate crude, the US benchmarked, shed 0.8 per cent to $49.1. Read more: Oil and gas firms gear up for wave of M&A activity Oil pushed [...]
UKOG shares slump following fundraising round

May 26, 2016

Shares in UK Oil & Gas Investments, the company behind the so-called Gatwick Gusher, slumped today after the announcement of a successful fundraising round. The Aim-listed firm announced today that it had raised £4m by placing 266,666,667 new shares at 1.5p each. Its shares closed down 10.8 per cent to 1.69p per share this afternoon. Read more: Ukog share price [...]

Voters say Starmer should resign over Mandelson affair

KSI takes stake in Dagenham and Redbridge and vows to bring back glory days

Psst… This is how to ski Les 3 Vallées without the crowds

By: Jessica Morris

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