Post Tagged with: "ConocoPhillips"

Chevron, Exxon, and ConocoPhillips Remain Focused on U.S. Onshore, LNG

Chevron, Exxon, and ConocoPhillips Remain Focused on U.S. Onshore, LNG

Q2 proves to be a disappointing quarter for majors like Chevron, ExxonMobil and ConocoPhillips in terms of earnings, but the companies remain focused on the future

U.S.-based oil and gas majors Chevron (ticker: CVX), ExxonMobil (ticker: XOM), and ConocoPhillips (ticker: …

Offshore Alaska: DOI Adds More Drilling Regulations

Offshore Alaska: DOI Adds More Drilling Regulations

President Obama ‘turning his back on the livelihoods of Alaskans who depend on resource development’

Today, the United States Department of the Interior and the Bureau of Ocean Energy Management released 348 pages of new Requirements for Exploratory Drilling on

As ConocoPhillips Exits Russia, Tehran and Moscow Strengthen their Energy Ties

As ConocoPhillips Exits Russia, Tehran and Moscow Strengthen their Energy Ties

ConocoPhillips sells stake in Rosneft joint venture

Five years ago, U.S. oil major ConocoPhillips (ticker: COP) sold its single largest asset in Russia, a stake in Lukoil (ticker: LKOH), for $9.5 billion.

Last week COP announced that it has sold …

ConocoPhillips Cuts North American Spending by 30%

ConocoPhillips Cuts North American Spending by 30%

Management said 2016 volumes will rise by 1% to 3%, fueled by project startups in Alaska, Australia and Canada oil sands

ConocoPhillips (ticker: COP) is ramping down its 2016 operations, with the majority of the pullback focused on North America.

Trans-Alaska oil pipeline

Alaska Looks to Buy Out TransCanada’s Share of Alaska LNG for $68 Million

All parties seem to agree, but holdup remains

The state of Alaska plans to buy out TransCanada’s (ticker: TRP) share of the Alaska LNG project. Both Alaska Governor Bill Walker and TransCanada have agreed to the deal, according to Alaska

November 2, 2015 - 6:36 pm LNG, Oil and Gas 360 Articles
ConocoPhillips Looking to Divest 35,000 BOEPD of Production in Canada

ConocoPhillips Looking to Divest 35,000 BOEPD of Production in Canada

Assets could be worth $1 billion, according to estimates

ConocoPhillips (ticker: COP), the third-largest North American oil and gas producer, is looking to divest assets in Western Canada to various buyers including Canadian Natural Resources (ticker: CNQ), sources familiar with

September 24, 2015 - 6:27 pm Canada, Oil and Gas 360 Articles
ConocoPhillips Starts Oil Sands Production

ConocoPhillips Starts Oil Sands Production

ConocoPhillips announces delivery of first oil at Surmont 2

ConocoPhillips (ticker: COP) announced today that it had produced first oil from its Surmont 2 oil sands facility, located in Alberta, Canada. Construction on the project, which is the largest single-phase …

ConocoPhillips Increases Dividend, Cuts Deepwater Exploration

ConocoPhillips Increases Dividend, Cuts Deepwater Exploration

COP increases quarterly dividends by $12.3 million

ConocoPhillips (ticker: COP) announced that it will increase its quarterly dividend to $0.74 per share from $0.73 per share, according to the company’s press release. The dividend hike is expected to cost …

U.S. Energy Production is #1 –  Will Technology Keep it There?

U.S. Energy Production is #1 – Will Technology Keep it There?

42 years after the Arab oil embargo knocked the U.S. for a loop, energy experts are cheering the fact that the U.S. is the world’s number one producer—but Harvard University’s business school sees “a real risk that American citizens, companies,

ConocoPhillips Pulls Out of Shale Development in Poland

ConocoPhillips Pulls Out of Shale Development in Poland

Calling it quits in Poland

ConocoPhillips (ticker: COP) has joined the ranks of oil majors saying “no more” to shale gas development in Poland. Tim Wallace, ConocoPhillips country manager in Poland, said the company would not continue shale gas development …

ConocoPhillips Analyst Day: The Dividend is Sacrosanct

ConocoPhillips Analyst Day: The Dividend is Sacrosanct

ConocoPhillips cuts capex, but dividend remains king

ConocoPhillips (ticker: COP) held its annual analyst day this week, trimming capex like many of its peers, but reasserting the company’s commitment to maintaining its dividend payout.

The company plans to cut capex …

ConocoPhillips Trims Capital Budget thru 2017

ConocoPhillips Trims Capital Budget thru 2017

Updated 2015 Guidance is 31% Below 2014 Expenditures

ConocoPhillips (ticker: COP) has revised its capital plan to $11.5 billion per year through 2017, according to a news release issued on March 17, 2015. COP had originally set its 2015 budget …

A rig site in North Dakota

Oil Prices Reach Five Year Low; ConocoPhillips Dials back 2015 Expenditures by 20%

Oil prices slid sharply in Monday trading, dropping by more than 4% to close at a five-year low of $63.02. Brent prices fell in similar fashion, ending the day below the $66.00 mark.

Spot prices for WTI have dropped by …

December 8, 2014 - 6:56 pm Commodity Pricing, Exploration and Production (E&P), OPEC