©Bloomberg

OIL PRICES

The oil industry is being shaped by one of the most dramatic price movements of recent times that has changed the corporate landscape for oil companies, created a windfall of lower energy costs for oil consumers and has huge implications for the economies of oil exporters.

Premier Oil. Natuna Field. Indonesia 2011

Premier Oil lenders waive covenants

North Sea producer looks for more time to reduce debt

Oil leads commodity price gains

Returns beat 20% since January for basket of 22 raw materials

Nigeria unveils energy deals with China

Doubts over whether $80bn oil and gas upgrade will be implemented

Tullow to miss production targets

Producer is battling to repair problems with its large Jubilee field off Ghana

Oil price rise lightens mood in Texas

Dallas Fed’s economic survey shows rise in business activity

Murphy Oil drives Wall Street energy rally

All main S&P 500 sectors close in the black

Japan oil refiners wrestle over merger

Attempt to block deal between Idemitsu Kosan and Showa Shell Sekiyu

©Ian Timberlake/AFP/Getty Images

Saudi Aramco sale heralds new market

Saudi Arabia is preparing privatisations designed to attract foreign investors

Big Oil: From black to green

Despite pressure to develop renewables, many energy majors see more money in traditional markets

Lord Browne and his house in Chelsea.

Browne warns oil groups on climate change

Former BP chief calls for more investment in renewable

KazMunaiGas EP: father does not know best

A parent gets it wrong

Oil suffers as risk aversion intensifies

Brexit and broad financial turmoil risk economic slowdown

The sustainability of Shell’s dividend

Oil major accounts for over a tenth of total dividends paid by UK companies and a cut would shock

Oil stages ‘relief rally’ on early UK poll

Gold unmoved as traders see possible Remain vote priced in

Iran names local partners for energy majors

Tehran steps closer to opening up oil and gasfields to investors

Commodities and Brexit — 5 things to watch

Leave would hurt commodities through US dollar and risk appetite

Khalid al-Falih

New Saudi oil minister calls end to glut

Khalid al Falih says kingdom ‘expected’ to balance supply and demand

Judge strikes down Obama fracking push

Ruling curbs efforts to protect environment through regulation

US petrol inventories at decades high

Oil rally faces threat from level of fuel stocks

Khalid al-Falih

Saudi eyes return to oil balancing role

The kingdom could be preparing to reassert control over prices

Oil groups still interested in US Arctic

Energy companies want to retain option to drill in seas off Alaska

Uncompleted wells could limit oil prices

Production outlook depends on a series of holes in the ground

Brexit opportunities will exist with oil

Appetite for buying crude whenever it falls below $50 a barrel, say analysts

Oil and copper bounce back on UK hopes

Broad-based ‘risk on’ support volatile assets but gold haven fades

Nigeria’s currency slumps on float

Naira slides after central bank decision to engineer devaluation

China seeks to renegotiate Venezuela debt

Envoys seek assurances from opposition in case president falls

Oil prices see big weekly decline

Brexit jitters play role in dictating sentiment

Kazakh oil group tightens grip on UK unit

State company seeks to change relationship with UK-listed group

Repsol dismisses Sinopec $5.5bn claim

Chinese oil group is seeking return of joint venture investment

Energy sector leads 7-year high in corporate defaults

Oil and gas companies suffer from falling commodity prices

Nigeria changes course with devaluation

The CBN’s move should allow the economy to right itself

Nasdaq moves on to ICE’s gasoil turf

US exchange wins market share but has unusual patterns

Commodities stage broad retreat on economic worries

Commodities lose edge as growth worries simmer

©BP

Income from oil: risk or opportunity?

Shell and BP are preparing for a world of much lower prices

Iran awaits post-sanctions dividend

Iran wants western banks to back business deals in Islamic Republic

Oil industry faces $1tn spending cut

Fears grow over potential tightening of supply

IEA: Oil market balance elusive until 2017

Opec supplies are forecast to increase ‘modestly’

Andrew Gould, British businessman, the former chairman and CEO of Schlumberger. Following his retirement from Schlumberger Ltd., Gould is serving as non-executive chairman of the British oil company BG Group.
©Charlie Bibby

Oil veterans’ new frontier

Plan to use analytics reunites Andrew Gould and Antoine Rostand

Beyond fossil fuels

The forward march of carbon-free energy

Cargill Sugar cane harvest

Gold and ags lead commodity bets higher

Bullish oil bets waver as ags, gold punts increase

FT SERIES

A new series about the far-reaching implications of the protracted slump in oil prices

Offshore rig operators reel from oil price rout
Seadrill, Ensco and others report losses as producers curtail costly projects

Corporate winners and losers amid the oil price crash
Airlines are beneficiaries of cheap fuel, but consumer goods groups are not getting a big boost

Oil price: ‘Shot in the arm’ misses economic target
A lacklustre global economy is yet to reap the benefit of consumers spending less at the pump

US oil and gas sector reboots to survive
Groups have cut costs to the bone but some with large debts risk bankruptcy

Saudi Arabia loses oil market share to rivals in key nations
World’s largest oil exporter suffers setback amid low prices

Rosneft runs to stand still amid oil crash
Russian oil sector needs to invest to maintain output

Get the data: Energy debt
See the funds exposed to junk energy debt

Oil and gas: Debt fears flare up
The $3tn debt mountain following the sector’s borrowing binge threatens further destabilisation

Bondholders suffer $150bn oil price hit
Rising default fears cut $2.3tn from energy groups’ market value

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