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Myles McCormick

Houston Correspondent

Myles McCormick is the FT’s Houston correspondent. He covers the energy sector, from the oil supermajors to the booming renewables industry, as well as the wider Texas corporate, economic and political scene. He also writes Energy Source, the FT’s agenda-setting energy newsletter. Previously Myles was US energy correspondent, based out of New York, and a breaking news reporter in London. He joined the FT in 2018.

Email Myles McCormick @mylesmccormick_  on Twitter (link opens in a new browser window)
  • Monday, 5 August, 2024
    Woodside Energy Group
    Woodside to buy OCI Global’s ‘blue’ ammonia project for $2.3bn

    Australian group’s quick second deal for US assets comes as Nassef Sawiris continues with OCI break-up plan

    3 hours ago
    Nassef Sawiris
  • Sunday, 4 August, 2024
    Utilities
    Surging AI power demand boosts utility stocks

    Investors have found a cheaper way to play the market’s hot new obsession

    Google data centre in Columbus, Ohio
  • Friday, 2 August, 2024
    Chevron Corp
    Chevron to move headquarters from California to Texas

    Relocation is the latest in a wave of defections from companies lured to Lone Star State by lower taxes and lighter regulation

    Storage tanks at Chevron’s refinery in Richmond, California, US
  • Friday, 2 August, 2024
    Oil & Gas industry
    ExxonMobil and Chevron deepen rift over lucrative Guyana project

    Delay of arbitration hearing until next year exacerbates tensions between leading US oil companies

    A pipe leads from a ship to anartificial island
  • Tuesday, 30 July, 2024
    Energy Source
    Nigeria’s Dangote refinery embroiled in billionaire’s feud with government Premium content

    An industry regulator accused Africa’s richest man of monopolistic practices with his new $20bn plant

    Workers stand in front of the Mild Hydrocracking Unit at the Dangote Petroleum Refinery
  • Thursday, 25 July, 2024
    The Big Read
    Will US companies keep faith in the ‘Texas miracle’?

    The Lone Star state has attracted hundreds of corporations with its low-tax, light-touch approach, but the strains are starting to show

    Montage of a cutout of the Dallas skyline against a backdrop of the Lone Star flag of Texas
  • Monday, 22 July, 2024
    Natural gas
    Woodside buys Tellurian to position itself as ‘global LNG powerhouse’

    Australian oil and gas group’s bid for Louisiana export terminal developer follows collapse of Santos talks

    A tug boat prepares to pull out an LNG Tanker vessel at the Cheniere Sabine Pass Liquefaction facility in Louisiana
  • Tuesday, 16 July, 2024
    Elon Musk
    Musk says he will move SpaceX and X headquarters to Texas from California

    Billionaire entrepreneur labels state law on transgender children as ‘final straw’

    Elon Musk
  • Tuesday, 16 July, 2024
    Energy Source
    Hurricane Beryl exposes a fragile grid in America’s energy capital Premium content

    Almost a quarter of a million households are still without power in Houston

    A worker restores power lines
  • Wednesday, 10 July, 2024
    Hurricanes
    Texans swelter after Hurricane Beryl knocks out power

    Houston’s main utility struggles to restore service two days after storm pushed millions of households offline

    Employees check hallways in the Hilton Galveston island resort after the hotel lost power with Hurricane Beryl’s arrival
  • Tuesday, 9 July, 2024
    Carbon capture and storage
    Microsoft and Occidental sign carbon credit deal to help offset AI energy surge

    Agreement comes as tech groups seek to meet climate promises while expanding power-hungry artificial intelligence

    Occidental’s first DAC project, Stratos, in West Texas
  • Tuesday, 9 July, 2024
    Energy Source
    Northvolt slips at ‘critical’ moment for European battery industry  Premium content

    Region’s great hope in global battery race is pressing the reset button after a series of setbacks

    A Northvolt sign on the outside of its gigafactory
  • Monday, 8 July, 2024
    Oil & Gas industry
    Hurricane Beryl strikes at heart of US energy industry

    Category one storm hits Houston, leaving millions without power and killing two people

    A vehicle abandoned in flood water on a highway after Hurricane Beryl swept through Houston
  • Sunday, 30 June, 2024
    News in-depthOil & Gas industry
    Pipeline battle shows how legal strife is clogging US energy development

    Williams set to escalate dispute with rival Energy Transfer through lawsuit for ‘anti-competitive’ actions

    A Williams storage tank
  • Monday, 24 June, 2024
    Goldman Sachs
    Goldman names Hess chief to its board as it guides oil company sale

    Wall Street bank stands to make $80mn if deal to sell group to Chevron survives ExxonMobil challenge

    John Hess
  • Tuesday, 18 June, 2024
    ExxonMobil
    US judge ends Exxon lawsuit against shareholder over climate activism

    A divisive case over climate change and shareholder rights winds down after shareholder agrees to drop effort

    Darren Woods
  • Tuesday, 18 June, 2024
    Energy Source
    Activists in South Africa renew fight with Shell over sea floor blasting Premium content

    Environmental groups set to challenge oil major’s right to refile for exploration rights in the country’s highest court

    A woman holds a placard on the beach at a protest against Shell’s plan to conduct underwater seismic surveys along South Africa’s east coast
  • Monday, 17 June, 2024
    Trafigura
    Trafigura pays $55mn US fine in case alleging market abuse

    Commodities trading house was accused of manipulating a fuel oil benchmark and possessing ‘improperly obtained’ inside information

    Trafigura  logo
  • Monday, 17 June, 2024
    US inflation
    Biden ready to reopen US oil stockpile if petrol prices surge again

    President’s top energy adviser Amos Hochstein says fuel costs ‘still too high for many Americans’

    A Mobil petrol station in Los Angeles, California
  • Thursday, 13 June, 2024
    Natural gas
    Ukraine strikes deal for US gas in bid to clip Russian energy influence

    US LNG exporter Venture Global will begin shipping transatlantic cargoes to Ukrainian company this year

    Smoke billows from power infrastructure following a Russian drone attack in Kyiv region, Ukraine
  • Sunday, 9 June, 2024
    US presidential election 2024
    ‘The economy is all people care about’: Trump plays strong hand in Vegas

    Rampant inflation could push Nevadans to vote for Republican president for first time in 20 years

    Donald Trump speaks at a campaign rally in Las Vegas on Sunday
  • Sunday, 2 June, 2024
    News in-depthOil & Gas industry
    US shale industry’s $200bn dealmaking wave redraws energy landscape

    Consolidation battle is forcing shrinking number of oil companies to look further afield for new prospects

    Worker at a pump jack
  • Wednesday, 29 May, 2024
    ConocoPhillips
    ConocoPhillips agrees to buy Marathon Oil in $22.5bn deal

    Acquisition of Houston-based group is latest in a series of megadeals that have reshaped the US energy sector

    A pump jack at the Bakken oilfield in North Dakota
  • Wednesday, 29 May, 2024
    ExxonMobil
    Exxon prevails over dissident shareholders in board battle

    Oil major’s slate of directors gains wide approval despite activist-led revolt over greenhouse gas emissions

    Exxon chief executive Darren Woods
  • Tuesday, 28 May, 2024
    Energy sector
    Ex-Pioneer CEO says he was ‘scapegoated’ in Opec collusion case

    Scott Sheffield slams ‘personal attack’ by US regulators who barred him from Exxon’s board

    Scott Sheffield
Previous page You are on page 1 Next page

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