1. USD

    100.24

    Today's change

    0.8585 / +0.86%

    1 year change

    -4.43%

    As of May 24 2016 18:37 BST. Data delayed by at least 15 minutes.

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  1. May 23, 2016

    FT explainer: Nigerian oil attacks

    Attacks by a new militant group based in the region where more than half of Nigeria’s oil is produced, has reduced the...

  2. May 18, 2016

    Five things to watch for as oil nears $50 a barrel

    As the price of crude oil nears $50 a barrel for the first time this year, traders are split over whether the near 80...

Special Reports

  1. Investing in Nigeria

    Nigeria remains dependent on oil for hard currency earnings, and the economy, until re...
  2. Mexico: Energy

    Mexico hopes that the opening of its energy industry to private participation will pro...
Search more Special Reports on this topic.

  1. May 18, 2016

    Statoil and Chevron lead pack in securing Norwegian oil licences

    Chevron, ConocoPhillips and Statoil have all secured licences to drill for oil off the coast of Norway, as companies...

  2. May 12, 2016

    Delta threats push Nigeria crude output to 20-year low

    Nigeria faces a growing security threat in the Delta region, where Chevron and Royal Dutch Shell have shut down...

  3. May 11, 2016

    Academics back Exxon and Chevron climate openness vote

    Shareholders in ExxonMobil and Chevron are being urged by more than 1,000 leading academics to vote in favour of...

  4. May 5, 2016

    Energy stocks give succour to Wall Street

    US energy stocks provided some succour to an otherwise flat Wall Street on Thursday as the price of oil rose on the...

  5. May 4, 2016

    Vale and BHP Billiton rocked by $44bn Brazil dam lawsuit

    It is enough money to pay 14m Brazilians the minimum wage for a whole year. Brazilian prosecutors threw investors into...

  6. April 29, 2016

    Exxon and Chevron hit by crude price rout

    ExxonMobil and Chevron reported sharp deteriorations in first-quarter earnings, hit by lower oil and gas prices and a...

  7. Fast FT

    April 29, 2016

    Chevron logs deeper-than-expected quarterly loss

    Chevron, the second-largest US oil group, has reported a larger loss than analysts had expected, hit by the fall in oil...

  8. Fast FT

    April 18, 2016

    Dow tops 18,000 for first time since July

    What Doha impasse? The Dow Jones Industrial Average on Monday climbed above the 18,000 mark for the first time since...

  9. April 12, 2016

    Corporate winners and losers amid the oil price crash

    Oil price crashes have profound consequences. The fall in crude after the 1997 Asian financial crisis ushered in...

  10. April 7, 2016

    BP faces investor revolt over chief executive’s pay

    BP chief executive Bob Dudley faces a shareholder rebellion against his 20 per cent pay rise for 2015 — the same year...

  11. April 6, 2016

    Chevron’s Gorgon LNG plant to be offline for up to two months

    Production at Chevron’s $54bn Gorgon liquefied natural gas project off the northwest coast of Australia is not expected...

  12. April 4, 2016

    Chevron temporarily shuts down Gorgon LNG project

    Three weeks after shipping its first cargo of liquefied natural gas, Chevron’s huge Gorgon project off the north-west...

  13. March 31, 2016

    US shareholder votes on climate change hit record

    US companies are facing a record number of shareholder votes on climate change related issues at this year’s annual...

  14. Fast FT

    March 17, 2016

    Global capex picture brighter (if you forget miners)

    The world’s mining and oil companies are cutting investment with “extreme urgency,” according to a new survey by...

  15. March 16, 2016

    Giant Gorgon poised to make its mark

    It took more than six years to build, US$54bn to finance and 800km of pipelines to make it work, but Chevron’s massive...

  16. March 9, 2016

    Chevron says world will need big oil

    There are those who will tell you that this is a bad time to be running a big oil company. John Watson, chief executive...

  17. March 8, 2016

    Chevron plans further cuts in capital spending

    Chevron has announced further cuts to its capital spending plans in response to the plunge in oil prices, but said it...

  18. Fast FT

    March 8, 2016

    Chevron slashes spending plans (again)

    Chevron, the US oil and gas group, has lowered its capital spending plans for 2017 once again, in a sign that it...

  19. March 4, 2016

    Commodity prices signal market bottom

    When news of the highest crude stocks since the Great Depression hit oil traders’ screens on Wednesday, those expecting...

  20. February 28, 2016

    Reinvention is needed to secure the future of Big Oil

    The big international oil companies are among the most enduring institutions of western capitalism. Royal Dutch Shell...

  21. February 25, 2016

    Oil sector aims for profits at $50 crude

    Outside the energy industry’s premier conference in Houston this week, a qualified petroleum engineer, immaculately...

  22. February 21, 2016

    Obstacles hold back US oil sector M&A

    Pressure is building for a surge in dealmaking in the energy industry — but there are several obstructions still...

  23. Fast FT

    February 17, 2016

    S&P 500 notches longest winning streak of '16

    The bulls have taken charge. US equities extended their winning streak to three days on Wednesday, roaring higher on...

  24. February 14, 2016

    Oil majors’ business model under increasing pressure

    Gorgon, a massive liquefied natural gas project off the north-west coast of Australia, is one of the wonders of the...

  25. February 14, 2016

    Investors split over oil majors’ payouts

    Large international oil companies are facing disagreements among their shareholders over whether they should maintain...

  26. Fast FT

    February 9, 2016

    Oil slides amid worries over high supplies

    Oil has hit a fresh two-week low. The price of Brent crude, the international benchmark, tumbled 7.2 per cent to hover...

  27. February 5, 2016

    Week in Review, February 6

    A round up of some of the week’s most significant corporate events and news stories. Plunging crude prices take toll on...

  28. February 4, 2016

    ConocoPhillips cuts dividend amid falling oil price

    ConocoPhillips has become the first large US oil production company to cut its dividend in response to the decline in...

  29. February 3, 2016

    Standard & Poor’s cuts ratings of US oil and gas groups

    Standard & Poor’s has cut the credit ratings of some leading US oil and gas companies, including Chevron, the country’s...

  30. Fast FT

    February 2, 2016

    Fast Asia Open: Markets slip on oil's decline

    Retreating oil prices weighed on US and European markets overnight, and look set to drag Asian bourses lower on...

  31. February 2, 2016

    Energy and bank stocks lead the market down

    US energy stocks took a beating on Tuesday after the price of crude oil tumbled amid growing concerns about cooling...

  32. February 2, 2016

    ExxonMobil under pressure from oil slump

    ExxonMobil has a rich history, tracing its roots back to John D Rockefeller’s Standard Oil, and its executives like to...

  33. February 2, 2016

    ExxonMobil to cut capex by a quarter to $23.2bn

    ExxonMobil, the world’s largest listed oil company, showed its resilience in the face of the slump in crude prices,...

  34. Fast FT

    February 2, 2016

    ExxonMobil profit slumps - but not as much as feared

    It was not as ugly as the market had feared. Exxon Mobil on Tuesday reported its worst quarter of sales and profits in...

  35. January 29, 2016

    Chevron vows further steep cuts after falling to loss

    Chevron, the second-largest US oil group, has promised further steep cuts in capital spending and operating costs this...

  36. Fast FT

    January 29, 2016

    Chevron posts first quarterly loss since 2002

    Chevron capped a trying year with another big drop in fourth quarter revenues and profits. The company, the first US...

  37. Fast FT

    January 28, 2016

    Chevron helps lead US energy shares higher

    Look familiar? With a volatile oil price bouncing on Thursday, it’s energy shares that are leading the S&P 500. The...

  38. December 22, 2015

    Chevron and Origin Energy move to hedge Australia LNG exposure

    Chevron and Origin Energy are moving to insulate their Australian liquefied natural gas businesses from plunging...

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