KPMG under investigation over audits for Prax’s State Oil arm FT - Energy 11 September 2026 at 11:00 Big Four accountant, PKF Littlejohn and an unnamed individual to face FRC probe
Anglo nickel deal tests EU resolve over Chinese control of resources FT - Energy 11 September 2026 at 10:59 China-backed MMG urges Brussels to approve $500mn transaction as European regulators prepare formal warning
IEA warns of ‘lost period’ in global oil demand FT - Energy 11 September 2026 at 10:46 Strait of Hormuz will not reopen this year, agency says, warning of sharp drop in demand as refined product prices soar
US diesel hits record $6 a gallon on Iran supply shock FT - Energy 11 September 2026 at 08:56 Surging cost for fuel critical to agriculture and industry stokes price pressures as Americans confront affordability crunch
Elon Musk’s gas turbines could shake up the backlogged sector FT - Energy 11 September 2026 at 05:00 Just the threat of market disruption might help ease bottlenecks, to the extent that it prods manufacturers to expand output
British man admits inventing fake takeover bid for Canadian oil explorer FT - Energy 10 September 2026 at 17:51 Christopher Woolcott used false identities and forged documents in hope of benefiting from rise in Touchstone Exploration shares, says regulator
Saudi Arabia cuts oil output to lowest this year on Houthi threats FT - Energy 10 September 2026 at 13:06 Rebels announced ‘maritime embargo’ against kingdom’s exports in July, forcing world’s biggest exporter to cut production
Big Tech has replaced Big Oil as Public Enemy No 1, says US shale boss FT - Energy 10 September 2026 at 12:00 Diamondback Energy CEO Kaes Van’t Hof says oil companies are no longer viewed as pariahs by young people seeking a well-paid career
Decline of ‘beautiful’ coal deepens despite Trump’s push FT - Energy 10 September 2026 at 11:00 Coal-fired electricity generation falls 11% in first half of 2026 as cheaper power sources such as natural gas grow
Oil shock revives interest in clean hydrogen FT - Energy 10 September 2026 at 05:00 Air Liquide chief says fallout from Iran war has led governments to reconsider their use of costly fuel
The battery price war is playing into CATL’s hands FT - Energy 10 September 2026 at 05:00 The Chinese battery maker’s cost structure is becoming difficult for rivals to replicate