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    1. January 19, 2016

      Cnooc to cut capital spending by 10%

      China’s Cnooc on Tuesday set out plans to cut capital spending by more than 10 per cent this year and reduce oil...

    2. Fast FT

      January 19, 2016

      CNOOC set for lower oil output

      Chinese energy major China National Offshore Oil Corp (Cnooc) is set for lower output in the year ahead, it said on...

    Special Reports

    1. Energy

      A combination of technological progress, a shift in strategy by Saudi Arabia and worri...
    2. Oil & Gas 2012

      An increase in opportunities has galvanised the energy world...
    Search more Special Reports on this topic.

    1. December 3, 2015

      China authorities probe death of oil executive

      Authorities are investigating the sudden death of a senior executive charged with rooting out corruption at one of...

    2. FT Data

      November 2, 2015

      Chinese appetite for foreign technology companies could be good news for everyone

      Chinese cross-border merger and acquisition deals are rising and China is taking its place as a leading global investor...

    3. November 1, 2015

      China’s slowdown casts shadow over oil states

      “You have made miracles happen,” China’s former energy tsar Zhou Yongkang told Chinese oil workers in 1999. They had...

    4. April 29, 2015

      Beijing plans curbs on shale gas subsidies

      China has announced it will step down shale gas subsidies over the next five years, in a further blow to the nation’s...

    5. March 27, 2015

      China’s Cnooc shelves shale project

      China National Offshore Oil Corp (Cnooc) has decided to shelve its shale gas project in Anhui province in the latest...

    6. FT Alphaville

      February 23, 2015

      SOE you think you can reform, even larger state entity creation edition

      A rumour started floating around last week that a CNPC-Sinopec merger might, just might, be on the cards with the FT...

    7. February 3, 2015

      China finds opportunities in oil price drop

      This week, Cnooc announced plans to reduce capital spending as the government and large state-owned enterprises respond...

    8. February 3, 2015

      Cnooc to cut spending by up to 35%after oil price plunge

      Cnooc, China’s third-largest oil producer, is to cut capital spending by up to 35 per cent this year compared with...

    9. December 9, 2014

      Oil futures: sonic screwdrivers

      “Do what I do, hold tight and pretend it’s a plan.” So says Doctor Who. He peers into the future and the past at the...

    10. October 30, 2014

      Chinese oil companies report falling earnings in third quarter

      Chinese oil majors reported falling earnings in the third quarter, because of declining oil prices, but for the time...

    11. October 30, 2014

      China oil groups: waiting for reckoning

      Denial is not a stockpicking strategy. Last year’s pastime, watching gold prices fall, has given way to watching oil...

    12. October 22, 2014

      British Columbia cuts tax in LNG push

      British Columbia has lowered its tax rate for liquefied natural gas sales, following extensive negotiations with oil...

    13. October 12, 2014

      China’s state sector leaders embrace pay cuts of up to 60%

      The corporate reporting season for China’s largest state-owned enterprises, which concluded last month, featured an...

    14. July 10, 2014

      Argentina looks to China and Russia for support

      After Argentina’s defeat in the US courts in its decade-long dispute with hedge funds, President Cristina Fernández...

    15. June 17, 2014

      China trade deals at centre of Li Keqiang visit to UK

      BP and Royal Dutch Shell will sign deals with Chinese state energy giant Cnooc on Tuesday as the centrepiece of trade...

    16. April 23, 2014

      Post-Easter bond market sales heat up

      Bankers are gearing up for a busy post-Easter bond issuance splurge from companies eager to lock in cheap, longer-term...

    17. November 4, 2013

      UPB signs accord over oil platforms

      A Scottish technology company has announced a major step towards the mass production of small unmanned oil platforms,...

    18. August 22, 2013

      PetroChina / Cnooc

      Once upon a time, PetroChina was the world’s most valuable company, clocking in at $1,000bn in November 2007. Those...

    19. FT Alphaville

      July 4, 2013

      A GKP spoof

      We assume someone must have breached the RNS statement submission security system to do this, but nevertheless there’s...

    20. July 3, 2013

      Tullow tests raise confidence for Kenya fields output

      Tullow Oil has moved a step closer to declaring its fields in Kenya commercially viable as it accelerates test drilling...

    21. June 9, 2013

      Cnooc teams up with Icelandic group in its play for Arctic oil

      Cnooc has become the first Chinese oil company to make a play for oil in the Arctic after teaming up with an Icelandic...

    22. May 1, 2013

      North Sea: Up from the depths

      Even in the middle of summer, Shetland can be forbidding. In July 2011, when visiting dignitaries gathered to celebrate...

    23. April 4, 2013

      Heritage Oil plays down partial defeat

      Heritage Oil played down the impact of a partial defeat in arbitration proceedings in London over the tax treatment of...

    24. March 24, 2013

      China’s foreign oil drive set to continue

      China’s state-owned oil companies reported falling net profits last year due to the economic slowdown and...

    25. March 19, 2013

      Chinese seek change as continuity rules

      Conversation in the coffee shops of Palo Alto is starting to sound more like the talk in the milk tea shops of Hong...

    26. February 19, 2013

      China’s foreign oil output surges

      China is on track to produce enough crude oil outside its borders to rival Opec members such as Kuwait and the United...

    27. beyondbrics

      February 19, 2013

      Rosneft looks east for new partners

      Photo: Bloomberg Rosneft teamed up with western oil majors to explore in the Russian Arctic last year and is now...

    28. February 13, 2013

      Tullow Oil commits $2bn to capex

      Tullow Oil, the FTSE oil explorer, committed itself to edging up capital expenditure to $2bn this year as revenues from...

    29. February 12, 2013

      US approves $18bn Cnooc bid for Nexen

      Cnooc’s $18bn bid for Canada’s Nexen won approval from US officials, paving the way for the completion of China’s...

    30. December 14, 2012

      Tullow keeps the ball rolling in Africa

      Few people would recognise FTSE 100 explorer Tullow Oil as sponsor of an English Premier League football club. But, as...

    31. December 14, 2012

      PetroChina in $2.2bn Canada gas deal

      Chinese oil group PetroChina is buying a stake in a big Canadian shale gasfield for $2.2bn, highlighting Chinese energy...

    32. December 7, 2012

      Cnooc / Nexen – wider reach

      The suspense is over. Canada has cleared the way for Cnooc, the state-controlled oil and gas producer, to buy Nexen, in...

    33. December 7, 2012

      Canada approves $18bn Nexen deal

      Canada has approved the $18bn acquisition of Nexen, the Calgary-based oil company, by Cnooc Limited of China, but...

    34. December 7, 2012

      Chinese groups await Cnooc-Nexen verdict

      Chinese resources companies are awaiting the outcome of a Canadian regulatory decision on an $18bn deal that could...

    35. December 6, 2012

      BG eyes Australian asset sales

      BG Group is exploring selling more assets linked to its $20bn natural gas development in Australia, in yet another move...

    36. November 26, 2012

      Head of China’s Rongsheng steps down

      Zhang Zhirong, one of China’s richest men, has abruptly resigned from his post at the helm of shipbuilding empire...

    37. November 19, 2012

      Australia looks to mine profit after boom

      Australia’s resource boom might be cooling, but in the port town of Gladstone on Queensland’s central coast it does not...

    38. October 23, 2012

      Canada’s Petronas rejection raises Cnooc fears

      Canada has blocked Petronas of Malaysia’s $5.3bn bid for gas producer Progress Energy Resources, a move that raises the...

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