Saturday, June 13, 2026

The 2019 ConocoPhillips is Designed to Pull Investors Back onto the E&P Highway

“We no longer think of our value proposition as merely disciplined, we view it as the new order” – ConocoPhillips CEO Ryan Lance The CEO of Houston-based oil and gas giant ConocoPhillips (stock ticker: COP) has declared his company’s 2019 value proposition to be “the new order.”   ConocoPhillips published its “New Order” value proposition for 2019. Source: COP “We

China Hits the Gas in Bid to Avoid Another Freezing Winter

From Bloomberg China has gone all out to avoid a repeat of last winter’s crippling gas shortages. The early verdict: so far, so good. China’s gas needs peak for its so-called winter heating season. It’s a time of surging demand and firmer prices as the nation seeks to curb its reliance on dirty coal. The difference so far this year — none of the

Libya’s Biggest Oil Field Halts Just as OPEC Opts to Cut Output

From Bloomberg Libya declared a state of force majeure at its largest oil field after an armed group forced a production halt, just days after OPEC exempted the country from global crude output cuts. The shutdown at the Sharara field will result in a production loss of 315,000 barrels a day, the state energy producer National Oil Corp. said on

Qatar Out as World’s Biggest LNG Exporter

From Reuters Australia overtook Qatar as the world’s largest exporter of liquefied natural gas (LNG) for the first time in November, data from Refinitiv Eikon showed on Monday. The surge in Australian exports follows the start up of a number of export projects in the country over the past three years, most recently the Ichthys project offshore its northern coast.

Brothers Who Sold Rice Energy to EQT Frustrated With EQT’s Operations

From The Wall Street Journal Two of the brothers who sold Rice Energy Inc. to EQT Corp. EQT +2.72% last year say the $4.7 billion oil-and-gas company is mismanaging its assets, and they want to take over running the company. Derek and Toby Rice, who founded Rice Energy with their brother, Daniel Rice IV, say a lack of operational experience is hurting EQT’s stock price