Tom Wilson
@thomas_m_wilson
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I write about energy, commodities and geopolitics at the @FT. Also interested in Africa. Formerly in Nairobi and Kinshasa. DMs open.
London
Joined February 2009
Niels Troost and his colleague are the only traders sanctioned for Russian oil. Was he a major player in Putin’s war machine, or duped by a fake CIA operative who stole his money and then set out to destroy his reputation….this is an incredible tale 1/?
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SHOCK NEWS FROM BP: Murray has decided to step down as CEO, effective tomorrow. BP has named current Woodside chief Meg O’Neill to replace him from 1 April 2026. Will be first external CEO in BP’s +100 year history. Carole Howle, head of trading, to run BP in interim
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A big move from EU, sanctioning Murtaza Lakhani and Etibar Eyyub. The bloc alleges the two traders have separately been key players in enabling export of Russian oil, notably from Rosneft. Significantly, this is first time Lakhani has been sanctioned https://t.co/UDsYRyIvsP
ft.com
EU accuses Canadian-Pakistani businessman of helping to provide ‘a substantial source of revenue’ to Moscow
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Inside the failed green revolutions at BP and Shell: “It was impossible to get everybody on the same page,” says Shell's Ben van Beurden. “That’s where the industry collectively has made a big mistake.” With @MalcolmMoore
https://t.co/PjDnKWquQm
ft.com
How the energy giants tried to transform their businesses — but ended up dramatically scaling back those plans and writing off billions of dollars
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To be a good spy “you have to be prepared to take the world as it is, not as you would like it” former MI6 chief Richard Moore tells @khalafroula A profound end to this must-read Lunch with the @FT
ft.com
The outgoing head of the Secret Intelligence Service on the rise of China, why Putin is not interested in talks — and how screen spies aren’t always far from the truth
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And another one: https://t.co/eq7Ixsd4kb How this 31-year-old made $250mn in 30 months
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Here’s another fresh link: https://t.co/tgpEb24BDb How this 31-year-old made $250mn in 30 months
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Another link as others have expired: https://t.co/G4HpXme9an How this 31-year-old made $250mn in 30 months
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Wild story. Free link here since Tom’s below has expired: How this 31-year-old made $250mn in 30 months https://t.co/GK0KHotsQg
How an unknown, then 27-year-old, German kept trading Russian oil when western rules meant others stopped. In 30 months he made more than $250m. Now, as we talked, he regularly asked whether telling his story could get him sanctioned…
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How this 31-year-old made $250mn in 30 months: Christopher Eppinger kept trading Russian oil when sanctions meant others stopped To read today’s feature in print pick up at a copy of @ftweekend
https://t.co/OW4TUXUJRh
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How an unknown, then 27-year-old, German kept trading Russian oil when western rules meant others stopped. In 30 months he made more than $250m. Now, as we talked, he regularly asked whether telling his story could get him sanctioned…
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Huge, potentially transformative deal for Gunvor. The trader's roots in Russia will have been key to getting an agreement here, and would have required approval from the very top in Moscow. Will be fascinating to follow as more details (hopefully) come out
ft.com
Buyer had close ties to Moscow and was co-founded by close associate of Vladimir Putin
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Vitol is perhaps the most profitable least known company in the world: av. annual profits of $12bn in past 3 years, $20bn returned to its ~600 most senior staff. I looked behind the curtain at the secretive firm minting fortunes for hundreds of traders https://t.co/merWxxeTv0
ft.com
Commodity house is among world’s most profitable companies and has returned $20bn to senior staff over past three years
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The Secret World of Sanctioned Oil Trading: $1bn of unusual naval mortgages in Panama led me to a Swiss lawyer, an Iranian middleman, dozens Chinese-controlled offshore companies and a network of tankers moving $billions of oil from Iran Russia & Venezuela
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‘Fake spy’ saga latest twist: Sanctioned oil trader Niels Troost has sued a NY intelligence firm for libel, filing to the court telephone recordings in support of his claim that his former partner Srivastava pretended to work for the CIA to defraud him
ft.com
Filings in New York include recordings in support of Niels Troost’s claim his former partner pretended to be a CIA operative
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US-India trade war throws spotlight on Mukesh Ambani’s Russian oil windfall https://t.co/imgLTwzSoj via @ft @AndresSchipani @Krishn_ @thomas_m_wilson
ft.com
Reliance group chaired by Asia’s richest man has benefited from cheap crude imports now targeted by Donald Trump
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Fusion energy start-up claims to have cracked alchemy - in a fascinating paper (that still needs to be peer reviewed) Marathon outlines how to use a fusion power station to make gold-197 whilst also breeding tritium and producing zero-emissions electricity
ft.com
San Francisco start-up says modified fusion process could be used to produce gold from mercury
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BP appoints Albert Manifold as chair (former 11 year CEO of building materials giant CRH)
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SCOOP: Collapsed Prax Group owes up to £250mn in taxes after insolvency https://t.co/2fbWkuJARB via @ft
ft.com
Prax Group faced liquidity issues for several years leading up to its unravelling
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Great scoop from William. I visited Rubaya in 2016 when Ben Mwangachuchu ran it. I give this US initiative close to 0% chance of success. But fascinating to me that DRC has been able to use promise of mining assets like this to strengthen ties w Washington https://t.co/oXQiENxdpj
ft.com
Financier Gentry Beach in talks over Rubaya coltan mine as Washington dangles investments to accompany end to regional conflict
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