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    45.87

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    As of Aug 27 2015 21:01 BST. Data delayed by at least 15 minutes.

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  1. 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...

  2. 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...

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    Hunt for fresh developments in eco-efficiency has led to sharing of knowhow across a r...
  2. Nigeria: Energy 2013

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  1. 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...

  2. 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,...

  3. 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...

  4. 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...

  5. 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...

  6. 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...

  7. 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...

  8. 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...

  9. 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...

  10. 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...

  11. 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...

  12. 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...

  13. 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...

  14. 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...

  15. 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...

  16. January 28, 2015

    BP scales back on two Gulf of Mexico fields

    BP has scaled back its role in two oilfields in the Gulf of Mexico, handing US-based Chevron a big stake in the...

  17. January 25, 2015

    Obama challenges Congress on Arctic oil

    US President Barack Obama has called on Congress to designate more than 12m acres of Alaska’s arctic wilds for...

  18. January 22, 2015

    Impact of oil price rout starkly evident in North America

    Curb in US oil drilling In the trial of strength in global oil markets, it is the North American producers that are...

  19. January 15, 2015

    UK orders urgent review into North Sea oil

    UK ministers have ordered an urgent review into the state of the North Sea oil industry, after a collapse in prices...

  20. December 22, 2014

    Seplat and Afren in talks over oil merger

    Seplat, the Nigerian oil group that listed its shares in London this year, is in talks with rival Afren over the first...

  21. December 17, 2014

    Bruised oil drillers recover from rout

    Oil drillers Nabors Industries, Noble Corp and Transocean surged as investors returned to the companies left with the...

  22. December 15, 2014

    Oil’s decline poses a pricing challenge for managers

    “Trying to forecast oil demand, supply and price in today’s market is like trying to paint the wings of an aeroplane in...

  23. December 11, 2014

    Delta aims for $1.7bn fuel price boost

    Delta Air Lines expects lower fuel prices to produce an annual net cost benefit of $1.7bn, the company said on...

  24. December 8, 2014

    US oil stocks drop as crude prices slide

    US oil and gas stocks suffered on Monday as the price of Brent crude slipped to a five-year low. The S&P 500 energy...

  25. December 8, 2014

    Renewed pressure on crude oil prices weighs on US energy groups

    Renewed pressure on crude oil prices on Monday weighed heavily on the shares and bonds sold by US energy companies....

  26. December 8, 2014

    Conoco slashes investment after oil slump

    ConocoPhillips has become the first major oil and gas company to detail cuts to its capital spending plans following...

  27. November 16, 2014

    Poland’s shale gas dreams put on hold

    Poland’s much-hyped shale gas boom could take as long as six more years to become commercially viable, as foreign oil...

  28. November 13, 2014

    US set to export more oil condensate

    Exporting soaring volumes of ultralight US oil without getting the government’s direct assent will soon be the norm, an...

  29. November 11, 2014

    Oil slump drives surge in energy bonds

    A slew of energy companies have come to the US debt capital markets in the past couple of days in spite of a rise in...

  30. October 30, 2014

    Barclays’ bad moon keeps on rising with a £500m forex provision

    Some say of Barclays “nothing else can go wrong”. This betrays a woeful lack of vision. Within the past two days the...

  31. October 30, 2014

    Oil price fall drags on ConocoPhillips earnings as output rises

    ConocoPhillips, the US oil and gas group, plans to cut its capital spending next year as falling oil prices squeeze its...

  32. September 15, 2014

    ConocoPhillips puts North Sea oil stake on the block

    ConocoPhillips, the US energy group, is auctioning its stake in the UK’s largest oilfield at a time when the future of...

  33. August 26, 2014

    US shale: What lies beneath

    In a clearing in a cornfield in the Eagle Ford region of south Texas, the rig drilling the Sisti A3 well for...

  34. July 31, 2014

    ExxonMobil profits surge as output falls

    Two of the US’s biggest oil producers revealed the continuing benefits of soaring domestic oil production as ExxonMobil...

  35. July 29, 2014

    Oando to seal deal for ConocoPhillips’s Nigerian assets

    Oando, the Nigerian homegrown oil company, has closed a much-delayed $1.65bn deal to buy assets from ConocoPhillips,...

  36. May 1, 2014

    ExxonMobil and Conoco beat earnings forecasts

    The effect of this year’s cold winter in the US in pushing up natural gas prices helped ExxonMobil and ConocoPhillips,...

  37. beyondbrics

    March 5, 2014

    YPF looking for partners to boost output after Repsol exit

    Miguel Galuccio has three principal objectives for 2014: “to produce, produce and produce.” To help achieve that aim,...

  38. December 18, 2013

    BP discovery offset by $1bn write-off after poor Brazil results

    BP has announced a “significant” oil discovery in the deepwater US Gulf of Mexico – but also said that it is writing...

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