ConocoPhillips to net $3bn from San Juan basin sales
ConocoPhillips said today it had agreed to sell its interests in the San Juan Basin in the US south-west for $3billion.
ConocoPhillips
ConocoPhillips to book Heerema for North Sea decommissioning job
US firm ConocoPhillips has picked Heerema Marine Contractors to remove four platforms from the Norwegian North Sea.
Cenovus doubles in size with $13bln swoop for ConocoPhillips assets
Cenovus Energy Inc. will double its reserves and production by buying Canadian holdings from ConocoPhillips for C$17.7 billion ($13.3 billion), the latest sale of energy assets in that country by international companies stung by falling oil prices.
ConocoPhillips posts full-year net loss, improves on last year
ConocoPhillips has posted a full-year net loss of $3.6billion.
OGUK unveils new board members
The newest board members at Oil and Gas UK (OGUK) said today that they were excited about helping guide industry through challenging times.
Court upheld £3m ConocoPhillips fine for North Sea leak
The UK appeal court upheld a £3million penalty imposed on ConocoPhillips for gas leaks on one of its North Sea installations in 2012.
ConocoPhillips appoints new UK president
ConocoPhillips has appointed a president of the company in the UK.
ConocoPhillips to remain in Houston ‘Energy Corridor’ following move
ConocoPhillips has said its plans to leave its current Houston headquarters would not result in a departure from the Energy Corridor district.
ConocoPhillips to move Houston headquarters
ConocoPhillips will move out of its headquarters in Houston's Energy Corridor and relocate its employees elsewhere.
ConocoPhillips boss claims Trump recognises the “energy revolution”
The chief executive of ConocoPhillips has claimed the new President-elect Donald Trump "recognises" the "revolution" going on within the energy industry.
ConocoPhillips to reduce capital budget by 4%
ConocoPhillips said it will reduce its capital budget by 4% to $5billion next year as it looks to cut costs.
Energy editor honoured at Oil and Gas UK awards
The Press and Journal’s long standing energy editor was handed a special award at a glittering ceremony hosted by the oil and gas industry’s leading trade body.
Woodside Petroleum completes $350m purchase of ConocoPhillips’ Senegal assets
Woodside Petroleum has completed a purchase price of $350million for ConocoPhillips' Senegal interests.
Venezuela bonds tank as PDVSA swap falls short
Venezuelan bonds plunged the most in almost nine months after state oil company Petroleos de Venezuela SA extended an early deadline for bondholders to exchange notes due next year for longer-dated ones after investor demand fell short of the required level.
ConocoPhillips hit with notice after “significant” North Sea gas release
ConocoPhillips has been hit with an improvement notice over a “significant” release of gas from a storage tank on a North Sea platform.
Medco nets 40% stake from ConocoPhillips in Natuna Sea
Indonesia's PT Medco Energi has agreed to acquire ConocoPhillips 40% stake in an oil and gas production sharing block which the US firm operates in the Natuna Sea.
ConocoPhillips to cut up to 300 jobs from its Canada operations
ConocoPhillips Canada is laying off up to 300 employees in Canada this week.
ConocoPhillips to axe Rowan drill rig contract early, report says
ConocoPhillips will cancel a drilling rig contract with Rowan Companies early, according to a Norwegian media report.
ConocoPhillips picks new Qatar business unit president
ConocoPhillps has appointed a new Qatar business unit president.
ConocoPhillips’ $430m Senegalese asset sale hits snag
Australian exploration firm FAR has intervened in ConocoPhillips’ plans to sell its 35% stake in an oil play off Senegal to Woodside Petroleum for up to $430million.
ConocoPhillips postpones flights to Ekofisk field amid storm weather
Oil firm ConocoPhillips have delayed all helicopter flights to the Ekofisk oil field as storm weather hits the region.
Maersk Drilling gets early return of drillship from ConocoPhillips, Marathon Oil
Maersk Drilling has had one of its drillships returned to the company early from customers Marathon Oil and ConocoPhillips.
Shell, Total and ConocoPhillips reveal extent of crude price woes in Q2 updates
A number of oil and gas companies with North Sea operations have revealed the impact of low crude prices on their trading in recent months. Shell chief executive Ben van Beurden said the firm is “enjoying” the benefits of recent efforts to get its North Sea business in shape, but declined to rule out additional job losses. Speaking after Shell reported a 72% drop in second quarter net income to $1billion (£762million), he said Shell had done more to lower costs and enhance reliability in the North Sea than in any other mature basin.
ConocoPhillips makes net loss of $1.1bln
ConocoPhillips said it made a net loss of $1.1billion compared with a loss for the same time last year of $179million.
ConocoPhillips fined £7,000 over North Sea diesel leak
An oil and gas giant was today/yesterday (TUES) fined seven thousand pounds after diesel leaked from a rig into the North Sea.