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  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. April 28, 2016

    Conoco slashes rigs numbers and spending

    ConocoPhillips has slashed the number of rigs it has drilling for oil and gas in the US and made a further reduction in...

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  1. Fast FT

    April 28, 2016

    ConocoPhillips lowers 2016 capex guidance

    ConocoPhillips, the largest US exploration and production company, has lowered its forecast for capital expenditure...

  2. April 24, 2016

    Offshore rig operators reel from oil price rout

    In the depths of the ocean off the coast of Uruguay, more than two miles below sea level, the oil industry is...

  3. April 6, 2016

    Constellation Brands gains ground on brighter earnings outlook

    Shares in Constellation Brands marched higher after the US drinks maker issued a better than expected full-year...

  4. March 14, 2016

    Investors have renewed appetite for energy bonds

    Investors showed signs of regaining their appetite for energy companies’ bonds following the recent rally in oil...

  5. Fast FT

    March 14, 2016

    Energy group Anadarko roars back to bond market

    Investor demand for riskier energy paper has returned. Orders for a bond offering from independent energy group...

  6. 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...

  7. February 24, 2016

    Chesapeake to slash capital spending to conserve cash

    Chesapeake Energy, the second-largest gas producer in the US, on Wednesday announced a cut of up to 69 per cent in its...

  8. 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...

  9. February 12, 2016

    IP Week parties divide oil sector’s winners and losers 

    If you can check the pulse of an industry by the way it parties, then the winners and losers were easy to spot at...

  10. February 4, 2016

    Ralph Lauren slumps on dollar headwind

    Ralph Lauren, best known for its preppy, Ivy League style of clothing, slumped on Thursday after it lowered its sales...

  11. 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...

  12. Fast FT

    February 4, 2016

    Oil major ConocoPhillips takes axe to dividend

    ConocoPhillips has become the first major US oil company to take the axe to its dividend, as it looks to conserve cash...

  13. 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...

  14. 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...

  15. January 4, 2016

    Cairn Energy: making up

    Keep it simple, stupid. Those words, coined by an engineer half a century ago, apply to the strategies of listed...

  16. December 28, 2015

    Oil companies brace for a grim 2016 amid sustained price crash

    As a miserable year for the oil industry draws to a close, any relief executives might feel will be tempered by the...

  17. December 22, 2015

    Conoco quits Russia after 25 years

    ConocoPhillips, one of the pioneers of foreign investment in the Russian oil and gas industry, has completed a full...

  18. Fast FT

    December 14, 2015

    Colombia's Ecopetrol slashes 2016 capex by 40%

    Ecopetrol, Colombia’s state-run oil major, has become the latest energy company to substantially slash its capital...

  19. December 10, 2015

    ConocoPhillips cuts spending to half of 2014 level

    ConocoPhillips, one of the largest oil and gas producers in the US, has announced another sharp cut to its capital...

  20. Fast FT

    December 10, 2015

    Conoco joins Chevron in cutting 2016 capex

    The retrenchment continues at Big Oil. A day after Chevron announced plans to slash its capital expenditure by nearly a...

  21. October 29, 2015

    Shell swings to $7.4bn loss on oil price slump and axed projects

    Royal Dutch Shell has taken a huge $8bn hit from the plunge in crude prices and its decisions to pull out of Alaska and...

  22. July 30, 2015

    Whole Foods tumbles as audit weighs on sales growth

    Whole Foods shares took a spill after the upmarket US grocer reported slowing same-store sales growth following price...

  23. July 16, 2015

    Iran: The oil and gas multibillion-dollar ‘candy store’

    Evolution meets revolution: five phases of Iranian oil They did not advertise their presence. But in the days and weeks...

  24. June 4, 2015

    ConocoPhillips says Opec will not halt the advance of US shale

    Opec, the oil producers’ cartel, will not be able to stop the US shale industry in spite of lower crude prices, the...

  25. May 18, 2015

    Energy groups take knife to $100bn of spending after oil rout

    Oil projects shelved More than $100bn of spending on new projects by the world’s energy companies has been slowed,...

  26. May 1, 2015

    Week in Review, May 2

    A round up of some of the week’s most significant corporate events and news stories. Doubts on whether iPhone’s growth...

  27. April 30, 2015

    Energy earnings run dry in Americas

    The slump in oil and natural gas prices since last summer has driven the American production operations of the world’s...

  28. April 30, 2015

    Low oil price weighs on ExxonMobil and ConocoPhillips

    The slump in oil and natural gas prices since last summer drove the US production operations of two of the country’s...

  29. April 20, 2015

    Senator plans bill to lift US oil export ban

    The US Senate’s leading advocate for a repeal of America’s longstanding ban on oil exports plans to introduce a bill...

  30. April 6, 2015

    US stock rise defies disappointing jobs data

    US stocks confounded expectations to push higher on Monday in their first trading session following last week’s...

  31. March 23, 2015

    Shale oil producers blame export ban for low US crude price

    US shale oil producers are becoming increasingly concerned about the gap that has opened up between domestic and...

  32. February 19, 2015

    Priceline books top spot on S&P 500

    Priceline led the blue-chip S&P 500 after reporting profits ahead of Wall Street expectations on a bump in...

  33. February 3, 2015

    BP chief warns of oil industry slump

    BP chief executive Bob Dudley warned on Tuesday that the oil industry faces its worst slump since 1986, with crude...

  34. February 2, 2015

    Nine US oil refineries hit by strike in pay dispute

    Workers have downed tools at nine US oil refineries that account for 10 per cent of domestic capacity in a dispute...

  35. January 30, 2015

    Chevron chief says oil price to rebound after investment cuts

    Very few large oil projects will go ahead if crude stays below $50 per barrel, setting the scene for a rebound in...

  36. January 29, 2015

    ConocoPhillips and Shell outline billions of dollars in cuts

    Two of the world’s largest energy groups, Royal Dutch Shell and ConocoPhillips, have set out plans for billions of...

  37. beyondbrics

    January 29, 2015

    Guest post: Venezuela’s Citgo and the revolution's Praying Mantis School of Business

    By Russ Dallen of Caracas Capital Markets Investing in Venezuela has always been like praying mantis love. On first...

  38. January 29, 2015

    ConocoPhillips’ earnings fall 57% amid oil rout

    Plunging crude prices caused a 57 per cent drop in ConocoPhillips’ underlying earnings for the fourth quarter of last...

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