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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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 via @ft.
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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.
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Financier Gentry Beach in talks over Rubaya coltan mine as Washington dangles investments to accompany end to regional conflict
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I was at this last night and as per the review it was truly phenomenal .
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One of today’s finest rappers was more than a match for the Southbank Centre’s resident Chineke! Orchestra
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Waking up to this. It’s happened: US bombs nuclear sites in Iran via @FT.
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Trump tells Tehran to seek peace or face further attacks after bombers hit Fordow, Natanz and Isfahan
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RT @leylaboulton: Calling @FT subscribers: join our webinar on Wednesday 25 June 1300 UK (1200 GMT) and put your questions to our expert pa….
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Decent half year profits from Trafigura but pretty gloomy outlook for rest of 2025 from both CFO and chief economist
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Trading house reports interim profit of $1.5bn and pays out same amount in dividend to its 1,400 employee shareholders
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Opec+ aren’t hanging around: another 411k b/d in July . “Opec+ isn’t just turning [on] the taps — they’re rewriting the script,” said Jorge León, at Rystad. “May rang the alarm, June removed all doubt and . July feels like a loaded [gun] barrel”
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Fast-tracking the return of more idled capacity could push global prices down further
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OPEC-watch this morning: group of 8 meeting now to decide July production targets. Market expecting another 411k b/d increase or higher. Saudi is clearly fed up with this first tranche of 2.2mn in curbs (1mn b/d was Saudi) and keen to unwind them as quickly as possible #OOTT.
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I should add that they were still doing upstream investments during the earlier period, they just appeared to be choosing not to shout about them.
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When I began covering energy almost 4 years ago, I barely remember any press releases from Shell or BP about oil & gas; it was all clean tech. Now both seem desperate to showcase their upstream credentials once again (2 below from this morning) What a difference a few years makes
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Outcome of Opec+ meeting: NO CHANGE.Reconfirmed existing commitments; indicated it will start thinking about output levels for 2027. Next meeting 30 Nov. All eyes now on Sunday's meeting of the 8 members unwinding voluntary cuts. Many Opec watchers expect another 411kb/d hike
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Sebastião Salgado, 1944-2025, one of the great documentary photographers of the age.RIP
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The Brazilian shot defining, dramatic images of war, famine, migration and resilience
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Rio ousted chief Jakob Stausholm to seek boss with more mining experience via @ft.
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Executive leaving sooner than expected with heads of iron ore and aluminium units in the running to replace him
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RT @Michellewb_: a flagless fleet of tankers is threatening the seas. Western governments must tackle the maritime lawlessness that their s….
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SCOOP for longtime ENRC-watchers: Shukhrat Ibragimov (son of Alijan) is seeking to buyout his late father’s partners, once known as the Trio, just as global competition for metals is heating up. Any deal would have implications for Kazakhstan and for Congo
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Another big sanctions move from UK: FCO has listed the British accountant at the center of my October 2024 story about the acquisition of oil tankers for Russia's Lukoil. Very rare for a western government to sanction one of its own citizens.
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John Michael Ormerod was allegedly involved in the procurement of oil tankers
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What’s going on inside Opec?
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Saudi Arabia frustrated with cartel members that exceed targets as production cuts become less effective
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