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  1. 5 hours ago

    Week in review, August 2

    A round up of some of the week’s most significant corporate events and news stories. Majors brace as sanctions against...

  2. 10 hours ago

    Chevron boosted by strong crude demand

    Chevron, the second-ranked US oil major by market capitalisation, delivered improved quarterly earnings of $5.7bn as strong...

Special Reports

  1. Oil & Gas 2012

    An increase in opportunities has galvanised the energy world...
  2. Oil Industry 2013

    A shift on the part of US independents, many of which have been under pressure from sh...
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  1. 15 hours ago

    US crude hits lowest level since March

    US crude extended its losses on Friday, falling below the $98-a-barrel mark to its lowest level since February, following...

  2. July 31, 2014

    US crude drops on demand concerns

    US oil fell below the $100 a barrel mark on Thursday, putting the contract on course for its steepest monthly slide in nine...

  3. July 31, 2014

    Milford Haven refinery sale saves 400 jobs

    About 400 jobs are set to be saved in west Wales through the sale of Milford Haven refinery by Murco Petroleum of the US....

  4. 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 and...

  5. July 31, 2014

    Shell: a slick effort

    Marcus Samuel knew the value of shell trading; his success at it led to the formation of a major oil company. After a...

  6. July 31, 2014

    Italy’s Eni doubles net profit for second quarter

    Eni, the Italian oil and gas group, announced a 51 per cent rise in its net profit for the second quarter of the year, with...

  7. July 31, 2014

    Kurds struggle for energy autonomy

    A tanker carrying $100m of crude, anchored 60 miles off the coast of Texas, is at the centre of the latest war of words...

  8. July 31, 2014

    Afren suspends executives after investigation into payments

    Africa-focused oil group Afren has suspended its chief executive pending an investigation into “unauthorised payments”,...

  9. July 31, 2014

    Shell earnings hit by $2bn writedown

    Royal Dutch Shell has been hit by a further $2bn writedown at its struggling North American businesses, as souring...

  10. July 30, 2014

    Challenges for business in Scottish independence, says Barclays

    A vote for Scottish independence in September’s referendum could have a modestly negative impact on the UK stock market,...

  11. July 30, 2014

    Tullow writes off $400m in exploration costs

    Tullow Oil reported a net loss for the first half of the year after writing off more than $400m in exploration costs, but...

  12. July 30, 2014

    China corruption probe reaches western breakfast tables

    Never before have China’s domestic politics had such ramifications for global business. This week, the country’s ongoing...

  13. July 30, 2014

    Ukraine tensions prompt Total to suspend Novatek share buys

    Escalating tensions over Ukraine have prompted oil major Total to freeze its programme of buying shares in Russia’s Novatek,...

  14. 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, capping...

  15. July 29, 2014

    Sanctions on Russia are a ‘big concern’ for European businesses

    The deepening impact on Europe’s companies of the Ukraine crisis was brought into sharp focus with the warning by BP on...

  16. July 29, 2014

    Savannah Petroleum to float on Aim

    Niger-focused oil and gas company Savannah Petroleum intends to float on London’s junior market Aim to raise capital to...

  17. July 29, 2014

    BP reiterates long-term Russian strategy after sanctions news

    BP once presented its large exposure to the Russian oil and gas sector as a competitive advantage. These days, it is...

  18. beyondbrics

    July 29, 2014

    Colombia gains Moody's upgrade

    Moody’s Investors Service, the credit rating agency, on Monday raised Colombia’s sovereign rating one notch to Baa2 from...

  19. July 28, 2014

    Yukos ruling adds to Russia isolation

    The Kremlin came under intense pressure on Monday after an international tribunal ordered Russia to pay $50bn damages to...

  20. July 28, 2014

    Shale gas speed-up likely to make slow progress

    The plan for the next big expansion in fracking licences announced on Monday is the latest step in the government’s campaign...

  21. FT Alphaville

    July 28, 2014

    War and markets

    Amid all the debate about why geopolitics isn’t hurting stock markets, a nice table from JP Morgan Asset Management: All...

  22. July 28, 2014

    Fracking licences open swaths of countryside for exploration

    Energy companies will be invited on Monday to bid for a new round of fracking licences covering more than half the country,...

  23. July 27, 2014

    Companies diary: July 28 – August 3

    Diary commentary from FT reporters; data and company announcements, unless otherwise stated, from Thomson Reuters. Company...

  24. July 25, 2014

    Statoil cuts output to swerve low prices as earnings disappoint

    Statoil deliberately cut back on gas production in the second quarter due to low prices as the Norwegian state-controlled...

  25. July 24, 2014

    BP’s Iain Conn in talks to lead Centrica

    Iain Conn, BP’s head of downstream businesses, has quit the oil major and is holding talks with Centrica about taking over...

  26. beyondbrics

    July 24, 2014

    Guest post: Colombia's oil appeal - will operators be convinced?

    By Mat Youkee of UK Colombia Trade Colombia’s oil and gas industry – the key driver of the country’s growth over the last...

  27. July 24, 2014

    Oil majors lodge bids for Colombia exploration rights

    Some of the world’s largest energy companies are poised to acquire exploration rights in Colombia as Latin America’s...

  28. July 23, 2014

    US oil groups ordered to renew railcars

    US oil producers will have to replace old and accident-prone railcars for carrying crude oil after the US government...

  29. July 23, 2014

    US crude prices gain on stocks reduction

    US oil prices moved higher on Wednesday after official data showed a further reduction in stocks at the country’s biggest...

  30. beyondbrics

    July 23, 2014

    Opinion: domesticating Russia

    Of course, it all goes back to Peter the Great at the turn of the eighteenth century. On the one hand, the Russian Tsar...

  31. July 22, 2014

    Low oil inventory drives futures lower

    US oil was in focus on Tuesday as the differential between the first and second month benchmark futures contracts hit the...

  32. July 22, 2014

    US railways: Back on track

    The rail yard is busy at Lamberts Point Coal terminal. Coal cars squeal as they roll down a slope towards a pair of vast...

  33. July 21, 2014

    Speculators cut bets on higher oil prices

    Speculators cut their bets on higher Brent crude oil prices by almost a quarter in the week to July 15 after prices dropped...

  34. July 20, 2014

    Kashagan delays mar outlook for Eni, Total and Shell

    Three of Europe’s largest oil companies could take a $1.5bn hit to earnings as a result of delays to Kashagan, the $50bn oil...

  35. Nick Butler

    July 20, 2014

    Oil and an independent Kurdistan

    Flying east over the mountains into the new international airport of Erbil, the administrative capital of Kurdistan, you are...

  36. July 20, 2014

    India’s Reliance Industries boosted by rebound at oil and gas unit

    A jump in production at Reliance Industries’ previously struggling oil and gas division helped India’s largest private...

  37. July 20, 2014

    India’s Reliance Industries boosted by rebound at oil and gas unit

    A jump in production at Reliance Industries’ previously struggling oil and gas division helped India’s largest private...

  38. July 18, 2014

    Global oil prices rise after plane disaster

    The price of oil on both sides of the Atlantic rose on Friday as news of the Malaysian airline crash intensified...

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