Discipline, baby, discipline! Big oil resists the urge to spend
Forget "Drill, baby, drill!" The world’s biggest oil companies aren’t returning to their spendthrift ways, despite crude’s recovery.
ConocoPhillips
ConocoPhillips posts big earnings, revenue gains
Houston's ConocoPhillips reported a $1.86 billion profit for the third quarter, that's up more than four times from the $420 million quarterly gain from a year ago.
Zennor cleared to develop Finlaggan field
Zennor Petroleum will go ahead with the Finlaggan field development after the UK oil regulator approved its plans.
BLM clears ConocoPhillips to move ahead on Alaska oil project
ConocoPhillips is clear to move ahead on its $1.5 billion project to begin drilling new oil wells in Alaska's National Petroleum Reserve.
Zennor in ‘strategic’ swoop for Britannia stake
North Sea oil firm Zennor Petroleum will buy a stake in the Britannia field, which will serve as the export route for its Finlaggan asset.
ConocoPhillips agrees decade-long dispute with Venezuelan state oil
US oil firm ConocoPhillips has reached an agreement with Venezuela's state-owned oil company to recover nearly £1.5 billion it was awarded as part of a decade-old expropriation dispute.
Conoco ends SNS production as Theddlethorpe reaches end of the line
US firm ConocoPhillips has confirmed that it no longer produces oil and gas from the southern North Sea.
ConocoPhillips to make US staff cuts next month
ConocoPhillips will implement “modest” workforce reductions in the US next month.
ConocoPhillips prepares for more Houston job cuts
Houston oil producer ConocoPhillips said it's preparing for "modest" job cuts in Houston and throughout the United States during September to help keep costs down.
Zennor targets Finlaggan start-up in 2020
North Sea minnow Zennor Petroleum is targeting 2020 for the start of production on the Finlaggan discovery.
A week later, analysts still mulling BP’s shale transaction
Almost a week after revealing plans to buy £8 billion worth of US shale assets, BP has yet to convince analysts that the deal with BHP Billiton represents value for money.
ConocoPhillips posts $1.6 billion profit
Houston's ConocoPhillips reported a $1.6 billion profit in the second quarter as the oil and gas producer returns to healthy profitability this year following the recent oil bust.
Conoco carries on exploring despite North Sea sell-off speculation
US oil major ConocoPhillips confirmed yesterday that it was exploring in the North Sea at a time when doubts are being cast on its desire to stay in the region long term.
Big oil is raking in cash so investors are asking: Now what?
The dark storm clouds that have been hanging over the oil industry during the crude-price slump have suddenly started raining cash.
Transocean wins 13-well North Sea contract with ConocoPhillips
Offshore driller Transocean has won a 13-well UK North Sea contract with ConocoPhillips.
M&A activity to provide ‘litmus test’ for North Sea’s health, tax expert says
The pace of mergers and acquisitions (M&A) activity will provide the “litmus test” for the UK North Sea’s health in the coming years, a tax expert has said.
Redundancy threatened ConocoPhillips employees start learning their fate
US oil firm ConocoPhillips said yesterday that it had started telling Aberdeen employees whether they faced redundancy.
Chevron’s central North Sea exit a sign of struggle to compete globally
US oil giant Chevron’s decision to sell its central North Sea assets shows the region is struggling to compete globally, analysts said yesterday.
Full North Sea exit for ConocoPhillips ‘seems likely’, analyst says
US oil major ConocoPhillips' full withdrawal from the UK North Sea "seems likely" after it agreed to sell a stake in the Clair field, an analyst said.
Modec in contention for Barossa FPSO
Japanese firm Modec is in contention to provide a floating production vessel for the Barossa project in Australia.
Conoco looks to push oil by 17m barrels with water consent
The Norwegian Petroleum Directorate has today announced consent for the ConocoPhillips-operated North Sea installation Ekofisk to begin water injection in a bid to increase oil production.
Reported Conoco talks could double BP’s Clair field stake
Oil giant BP is in talks with ConocoPhillips over a swap deal that could almost double its stake in a major North Sea field, a news report said.
PDVSA failed to set firewalls to contain $2bn assault
Venezuela’s state-run oil giant failed to erect firewalls that may have kept ConocoPhillips from freezing its oil assets in the Caribbean.
BP in talks to take Conoco’s UK field in swap deal
BP Plc and ConocoPhillips are in discussions for an asset swap deal that would see the U.K. energy major gain a greater foothold in a key project in the North Sea and the U.S. explorer get Alaskan assets, according to people familiar with the talks.
As Permian booms, ConocoPhillips focuses on Eagle Ford
Houston's ConocoPhillips is bucking the trend of churning as much oil out of the booming Permian Basin as possible, instead focusing on less crowded areas like South Texas' Eagle Ford shale.