Saturday, July 25, 2026
Judge voids ConocoPhillips Alaska project approved by Trump-oil and gas 360

Judge voids ConocoPhillips Alaska project approved by Trump

World Oil (Bloomberg) –The Trump administration’s approval of a ConocoPhillips oil field project on Alaska’s Northern Slope was rescinded by a federal judge who said it failed to adequately protect polar bears and didn’t properly consider the effects on climate change. Federal officials also failed to properly consider the Willow project’s possible harm to Teshekpuk Lake, U.S. District Judge Sharon

ConocoPhillips sees higher Q1 output, warns of profit hit from unwinding hedges- oil and gas 360

ConocoPhillips sees higher Q1 output, warns of profit hit from unwinding hedges

Reuters ConocoPhillips said on Wednesday its first-quarter results will benefit from higher oil prices and output, while warning of a $600 million profit hit from its recent acquisition of Concho Resources and related commodity price hedges. Higher oil prices and deep cost cuts implemented last year at the peak of a downturn in demand are expected to help U.S. oil

ConocoPhillips resumes share buybacks, promises capital discipline- oil and gas 360

ConocoPhillips resumes share buybacks, promises capital discipline

Reuters ConocoPhillips said on Wednesday it has resumed its share buyback program and pledged to keep spending flat even as oil prices climbed, the latest U.S. energy firm to embrace investor returns over production growth. Despite the uptick in crude prices, oil companies are expected to largely limit spending to marginally higher as investors reward companies showing capital discipline after

Court order delays construction at ConocoPhillips' Alaska project- oil and gas 360

Court order delays construction at ConocoPhillips’ Alaska project

Reuters ANCHORAGE, Alaska – A weekend court ruling has temporarily blocked winter construction at a huge ConocoPhillips oil project on Alaska’s North Slope. U.S. District Court Judge Sharon Gleason issued an order Saturday barring ConocoPhillips from starting planned gravel mining and gravel-road construction at its Willow project. With an estimated 590 million barrels of oil and the potential to produce

ConocoPhillips reports fouer and full-year 2020 results; announces quarterly dividend- oil and gas 360

ConocoPhillips reports fourth-quarter and full-year 2020 results; announces quarterly dividend

Oil and Gas 360 The 2020 results discussed herein reflect the performance of ConocoPhillips prior to the acquisition of Concho, which closed in January 2021. ConocoPhillips (NYSE: COP) today reported a fourth-quarter 2020 loss of $0.8 billion, or ($0.72) per share, compared with fourth-quarter 2019 earnings of $0.7 billion, or $0.65 per share. Excluding special items, fourth-quarter 2020 adjusted earnings

ConocoPhillips forecasts smaller-than-expected loss, to resume buybacks- oil and gas 360

ConocoPhillips forecasts smaller-than-expected loss, to resume buybacks

Reuters ConocoPhillips COP.N on Wednesday forecast a smaller-than-expected quarterly adjusted loss and said it would resume buying back its shares after a historic collapse in crude prices forced the U.S. oil and gas producer to halt the program in April. Oil companies were forced to slash dividends, halt buybacks and curtail production earlier this year as the COIVD-19 crisis hammered energy demand,

ConocoPhillips posts worse loss than feared on oil price plunge, shares fall- oil and gas 360

ConocoPhillips posts worse loss than feared on oil price plunge, shares fall

Reuters ConocoPhillips reported a wider-than-expected loss on Thursday, as coronavirus-induced lockdowns sapped demand for fuel and crushed crude prices, sending shares of the world’s largest independent oil and gas producer down nearly 9%. The pandemic brought travel and other businesses to a halt under lockdowns and led to a glut of oil and gas, forcing widespread output cuts by bleeding

ConocoPhillips - oil and gas 360

ConocoPhillips to bring back some curtailed production

Reuters ConocoPhillips said on Tuesday it would bring back some of the curtailed production in July, joining a growing list of oil producers turning on the taps months after a plunge in demand slammed the brakes on drilling. U.S. shale drillers had to cut supply by roughly 2 million barrels per day to counter a historic crude price crash stemming

Oil drops 2%, snapping five-day winning streak in volatile trading session- oil and gas 360

Oil drops 2%, snapping five-day winning streak in volatile trading session

CNBC Oil prices dropped on Wednesday, snapping a five-session winning streak, as oversupply concerns outweighed optimism over economies reopening. West Texas Intermediate, the U.S. benchmark, shed 2.3%, or 57 cents, to settle at $23.99 per barrel. In a volatile session, the contract swung between a gain of more than 6% at the high — climbing to $26.08 — and a