©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.

Exxon caps torrid week for oil majors

Renewed dip in price of crude deepens gloom

Yen races higher after BoJ disappoints

Wall Street shrugs off weak US GDP data

New oil order comes back with a vengeance

Markets more vulnerable to sharp drops when supply shifts

Oil price slide pushes energy stocks down

US shares mixed as second-quarter economic growth falls short of expectations

Iraq - Gulf Keystone Operations in Iraqi Kurdistan...02 May 2012, Iraq --- SHAIKAN, IRAQ: A worker walks across the Gulf Keystone drilling pad at Shaikan 5. Gulf Keystone started its first exploration well in the Shaikan Bloc in 2009 and continues to expand exploration and production. Photo by Sebastian Meyer --- Image by © Sebastian Meyer/Corbis

Norway’s DNO bids $300m for Gulf Keystone

Indebted UK oil group considers unsolicited cash and share offer

Brent crude enters new bear market

Concern about glut hammers prices

The 'Maran Thetis' oil tanker off East Lothian

Oil supertankers mass off UK coast

Weak demand from refineries leaves crude stored on vessels

Oil in bear market: 5 things to watch

Crude oil’s quiet slide from its 2016 high sharpens questions about the outlook

Energy junk bonds under pressure

Delinquencies in sector have climbed rapidly since the year began

Oil on cusp of bear market

US crude prices driven to lowest level since April

Tullow sells first oil from Ghana field

Output will allow group to pay down $4.7bn debt pile

Traders take new oil dip in their stride

No big deterioration in spreads for high-yield energy bond sector

Statoil cuts capex by another $1bn

Group’s 18% reduction in expenses fails to stop slide into red

Kazakhstan acts as Romania blocks oil deal

State oil company takes legal action after shares in refinery frozen

Polluting car illustration
©Harry Haysom

Fossil fuels have had an aeon’s head start

‘Fossil fuels have a formidable head start as our entire existing energy system revolves around them’

Rosneft bids in oil group ‘privatisation’

Russia’s largest oil producer eyes controlling stake in Bashneft

Gasoline stocks prompt oil volatility

Crude prices recover after dropping to lowest level since April

Venezuelan ills send chill over ally Cuba

Warnings of rationing revive memories of post-Soviet austerity

BP bullish despite falling profits

Chief Dudley says group has drawn a line under Deepwater Horizon

A map of renewable and fossil fuel subsidies

Government support for ‘dirty’ fuels across the world still exceeds that for renewables

In March 2016, the first LNG cargo from the Gorgon Project was successfully loaded and set sail from Barrow Island.
©Chevron

Dismal delivery puts big oil projects at risk

The majors can no longer afford delays or cost overruns on ‘megaprojects’

Tough times generate energy efficiency

Impressive progress is being made to reduce the cost of power

Indian workers construct part of the France-India Solar Direct Punjab Solar Park project in Muradwala
©AFP/Getty Images

Fossil fuels lose out to renewables

Old certainties no longer hold sway as new plans for energy supply surprise

US energy sinks on oil supply fears

Sector by far the worst performer amid retreat for main indices

Glencore Russneft stake cut by debt deal

Oligarch founder of Russian oil group in debt-for-equity swap

Brent falls below $45 as short positions rise

Hedge funds increase bearish bets

Golub to chair boutique energy company

Former Amex head takes equity stake in HudsonField

Economic downturn bites in Dubai

Crude slump forces Gulf governments to cut spending

Matthew Staver Workers move pipe for part of the Kinder Morgan, Inc. Rockies Express Natural Gas Pipeline just outside Laramie, Wyoming 8/28/06

Landscape shifts for pipeline operators

Once-staid US sector knocked by volatility and uncertainty over high dividend levels

James Fisher profits on land and sea

Pelican an appropriate symbol for the 165-year-old maritime services group

US oil rigs: bit of news

Surge in rig count with production growth blended less productive older rigs with more efficient newer ones

Oil price unsettled by gasoline glut

Brent and WTI both decline sharply as gasoline glut looms

North Sea faces first big strike in decades

Workers protest at pay cuts as 120,000 jobs go from industry

Oil’s zigzag recovery poses questions

High stock market values and discounted bond prices offer opportunities to investors

India eyes oil demand growth top spot

Industrialisation drive piques interest of energy companies

JPMorgan oil trader takes over commodities

Katz appointed as bank rebuilds presence in commodity markets

US gasoline stockpile continues to rise

Summer driving season fails dent stocks

Halliburton predicts US oil turnround

Worst for industry now over, says Lesar

IMF forecasts Nigeria to contract 1.8%

Low oil prices plunge nation into deepening economic crisis

Nigeria oil production on the brink

Money alone cannot buy the peace. The region needs a master plan

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

SHARE THIS QUOTE