ConocoPhillips

Recent Articles

Conoco To Start Dismantling Historical Norwegian Oil Platform
Thursday, August 17, 2017 ConocoPhillips has won permission to prepare for the removal of the first permanent oil platform built off Norway more than 40 years ago, the country's industry regulator says.
ConocoPhillips Trims CAPEX After Posting Quarterly Loss
Thursday, July 27, 2017 ConocoPhillips cut its 2017 capital spending by 4%, the latest US oil and natural gas producer to do so in reaction to depressed crude prices.
ConocoPhillips to Sell Barnett Assets for $305 Million
Thursday, June 29, 2017 ConocoPhillips said it would sell its assets in the Barnett shale field in Texas to Miller Thomson & Partners LLC for about $305 million.
ConocoPhillips To Lay Off 300 In Canada After Cenovus Deal
Thursday, May 04, 2017 ConocoPhillips will lay off 300 Canadian workers, mostly in the country's oil capital of Calgary.
ConocoPhillips Posts Surprise Loss On Higher-Than-Expected Costs
Tuesday, May 02, 2017 ConocoPhillips reports a surprise quarterly loss as operating costs came in higher than Street estimates.
Deal Of The Month: ConocoPhillips Cuts Gas Profile in $3B San Juan Sale
Friday, April 28, 2017 Analysts say anything that makes an asset less gas-focused is ultimately a positive as ConocoPhillips sells off San Juan assets to Hilcorp Energy affiliate.
ConocoPhillips Sells San Juan Basin Assets For $3B
Thursday, April 13, 2017 ConocoPhillips says it would sell natural gas-heavy assets in San Juan basin to privately held Hilcorp Energy for about $3 billion.
Syncrude Outage Limits ConocoPhillips Oil Sands Production
Tuesday, April 04, 2017 A shutdown at the Syncrude oil sands facility in northern Alberta has curbed output from ConocoPhillips' Surmont plant, the US company says.
Deal Of The Month: ConocoPhillips Cashes In With $13.3 Billion Sale
Friday, March 31, 2017 Selling most of its Canadian oil sands assets to Cenovus, ConocoPhillips exceeds divestment target and is positioned to achieve more than $16 billion in asset sales by the end of the year.
Cenovus Drops Most Ever as $13.3 Billion Deal Ramps Up Risks
Thursday, March 30, 2017 Cenovus Energy fell the most since its trading debut more than seven years ago after agreeing to buy Canadian oil assets from ConocoPhillips for C$17.7 billion ($13.3 billion) in a deal that increases its risks at a time of uncertain oil prices.
ConocoPhillips Sells Oil Sands, Gas Assets to Cenovus in C$17.7B Deal
Wednesday, March 29, 2017 Cenovus will double its production and reserves through deal to buy ConocoPhillips' interest in Foster Creek Christina Lake oil sands partnership and its western Canada Deep Basin gas assets.
ConocoPhillips CEO Talks Talent Shortage and Learning in the Downturn
Tuesday, March 07, 2017 ConocoPhillips' CEO Ryan Lance addresses the oil and gas industry's impending talent shortage during Houston's CERAWeek by IHS Markit conference.
Shell Shuns New Oil Sands as Low Crude Prices Force Cost Control
Monday, February 27, 2017 Royal Dutch Shell is unlikely to take on new oil-sands projects as it maintains a grip on costs after crude's crash forced competitors to write down Canadian reserves.
Origin To Take A$1.9B Charge On LNG, Exploration Assets
Wednesday, February 15, 2017 Origin Energy tweaks up its earnings forecast but warns it will book a $1.45 billion charge in its half-year results.
ConocoPhillips Loss Smaller Than Expected On Higher Oil Price
Thursday, February 02, 2017 ConocoPhillips reports a smaller-than-expected quarterly loss, helped by higher crude prices and lower costs.
Australia, East Timor Aim To Agree Maritime Border By Sept
Tuesday, January 24, 2017 Australia and East Timor aim to reach an agreement on a maritime border by the end of September, which would end a decade-old row between the 2 nations that has stalled a $40 billion gas project.
Startup Of Malikai Oil Field To Boost Malaysia's Kimanis Exports
Tuesday, December 13, 2016 Malaysia is expected to start oil production at the end of December at a deepwater field that could lift February export volumes of key grade Kimanis by 25% from January.
US Shale Firms Go Back To Work Buoyed By OPEC Deal, Trump Victory
Monday, November 14, 2016 US shale producers are redeploying cash, rigs and workers, cautiously confident the energy sector has turned a corner after Donald Trump's election victory and OPEC's recent output curb pledge.
ConocoPhillips Aims To Sell Up To $8 Billion In Gas Assets
Thursday, November 10, 2016 ConocoPhillips will sell up to $8 billion in natural gas assets and trim its capital budget by 4% next year to provide funds to bolster operations.
Chevron Starts Production at Alder 40 Years After Discovery
Monday, November 07, 2016 Chevron North Sea Limited starts production at the Alder field in the central North Sea, more than 40 years after it was first discovered.