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ConocoPhillips will not chase expensive Permian deals, CEO says

ConocoPhillips Chief Executive Officer Ryan Lance on Tuesday repeated a pledge to restrain spending, saying the U.S. oil producer would not be drawn into pricey mergers and acquisitions. ConocoPhillips plans to keep its capital spending at around $6 billion this year, Lance told shareholders at the company's annual meeting. ConocoPhillips has won billions of dollars in arbitration awards over the expropriation of its assets in Venezuela and posted a first-quarter profit that topped estimates.
Tags: Science, Venezuela, ConocoPhillips, Lance, Ryan Lance


Microsoft joins group seeking to kill off historic climate change lawsuits

Legal immunity would squash raft of climate lawsuits launched by cities and counties across the US seeking compensation for damages Microsoft has become the first technology company to join the conservative-led group, which includes oil giants BP, ExxonMobil, Shell, Total and ConocoPhillips among its founding members. Photograph: Robyn Beck/AFP/Getty Images Microsoft has joined a conservative-led group that demands fossil fuel companies be granted legal immunity from attempts to claw back da...
Tags: Google, Amazon, Science, Microsoft, Congress, Washington, New York City, US, Yale, Wwf, Un, Janet Yellen, Jeff Bezos, Federal Reserve, Seattle, Baltimore


Microsoft joins group seeking to avoid historic climate change lawsuit

Legal immunity would squash raft of climate lawsuits launched by cities and counties across the US seeking compensation for damages Microsoft has become the first technology company to join the conservative-led group, which includes oil giants BP, ExxonMobil, Shell, Total and ConocoPhillips among its founding members. Photograph: Robyn Beck/AFP/Getty Images Microsoft has joined a conservative-led group that demands fossil fuel companies be granted legal immunity from attempts to claw back da...
Tags: Google, Amazon, Science, Microsoft, Congress, Washington, New York City, US, Yale, Wwf, Un, Janet Yellen, Jeff Bezos, Federal Reserve, Seattle, Baltimore


ConocoPhillips: 1Q Earnings Snapshot

ConocoPhillips (COP) on Tuesday reported first-quarter net income of $1.83 billion.
Tags: Finance, Article, Associated Press, Houston, ConocoPhillips, FBN, Fbn/markets, Fox-business/markets, Fox-business/markets/earnings, 822175b8-d8d2-5b1e-8a47-9019f02f179d


Will ConocoPhillips Maintain Its Momentum in Q1?

The oil giant expects to report its first-quarter results on Tuesday morning.
Tags: Finance, Article, ConocoPhillips, FBN, Motley Fool, Fbn/markets, Fox-business/markets, A1ab044a-5a88-59cf-a2ce-c77f8868c4aa


ConocoPhillips sells off UK North Sea assets for £2bn

The oil and gas giant sells its North Sea assets to private equity-based Chrysaor for £2bn.
Tags: News, North Sea, ConocoPhillips, UK North Sea, Chrysaor


Venezuela's Guaido to seek to annul $8.7 billion Conoco award

Venezuelan opposition leader Juan Guaido will seek to annul an $8.7 billion arbitration award to U.S. oil producer ConocoPhillips as he moves to preserve foreign assets, Guaido's chief legal representative said on Tuesday.
Tags: Money, businessNews, Venezuela, ConocoPhillips, Juan Guaido, Guaido


Venezuela's Guaido to seek to annul $8.7 billion Conoco award

Venezuelan opposition leader Juan Guaido will seek to annul an $8.7 billion arbitration award to U.S. oil producer ConocoPhillips as he moves to preserve foreign assets, Guaido's chief legal representative said on Tuesday. If accepted, the annulment request would halt enforcement of the award over the 2007 loss of Conoco's projects in the South American country. It would follow a March decision by the World Bank's International Center for Settlement of Investment Disputes (ICSID) to impose t...
Tags: Science, Venezuela, ConocoPhillips, Conoco, Juan Guaido, Guaido


Better Buy: Albemarle vs. ConocoPhillips

The decision between these two companies is increasingly a question about the future of energy, but there's a bit more to it.
Tags: Finance, Article, ConocoPhillips, FBN, Motley Fool, Fbn/markets, Fox-business/markets, 4ab33ae5-1caf-5f69-8ff9-57937f6e8ae5


World Bank: Venezuela must pay Conoco more than $8 billion

A World Bank arbitration panel ruled on Friday that Venezuela must pay U.S. oil giant ConocoPhillips more than $8 billion as compensation for a decade-old expropriation dispute.
Tags: Finance, Article, World Bank, Venezuela, Associated Press, ConocoPhillips, FBN, Conoco, Fbn/markets, Fox-business/markets, Fox-business/industries, Fox-business/politics, Fox-business/features, Luis Alonso Lugo, Cc4ac95d-3740-5953-ba4f-1987c8917002


Exclusive: Qatar, Exxon to proceed with $10 billion Texas LNG project - sources

LONDON/NEW YORK (Reuters) - Qatar Petroleum and Exxon Mobil Corp are expected to announce plans next week to proceed with a $10 billion project that will expand a liquefied natural gas (LNG) export facility in Texas, three people familiar with the transaction said. ConocoPhillips, the third partner in the existing terminal, plans to sell its 12.4 percent stake in the project and does not plan to participate in the expansion, the people said. The Golden Pass LNG Terminal is a receiving and rega...
Tags: Texas, Science, London, ConocoPhillips, Exxon Mobil Corp, Golden Pass, Sabine Pass Texas, Qatar Exxon, Texas LNG, NEW YORK Reuters Qatar Petroleum


Exclusive: #Qatar, Exxon to proceed with $10 billion Texas LNG project - sources | Reuters

Exclusive: Qatar, Exxon to proceed with $10 billion Texas LNG project - sources | Reuters:Qatar Petroleum and Exxon Mobil Corp are expected to announce plans next week to proceed with a $10 billion project that will expand a liquefied natural gas (LNG) export facility in Texas, three people familiar with the transaction said.ConocoPhillips, the third partner in the existing import terminal, plans to sell its 12.4 percent stake and does not plan to participate in the expansion, the people said.LN...
Tags: Travel, Texas, ConocoPhillips, Reuters, Exxon Mobil Corp, Rupert Neil Bumfrey, Qatar Petroleum, Qatar Exxon, Texas LNG


ConocoPhillips beats profit estimates on higher production, prices

(Reuters) - ConocoPhillips beat quarterly profit estimates on Thursday as the world's largest independent oil producer sold more oil at higher prices, sending its shares up 2 percent before the opening bell.
Tags: Science, ConocoPhillips, Reuters ConocoPhillips


ConocoPhillips beats profit estimates on higher production

(Reuters) - ConocoPhillips beat quarterly profit estimates on Thursday as the world's largest independent oil producer saw a rise in output from North America's shale fields.
Tags: Science, North America, ConocoPhillips, Reuters ConocoPhillips


Turbulent or Steady? OPEC or Shale? -- The State of Oil in 2019 - Bloomberg

Turbulent or Steady? OPEC or Shale? -- The State of Oil in 2019 - Bloomberg:Oil had a tumultuous 2018, with prices rising to a four-year high in October before plunging more than $30 in the following months. Oversupply and demand worries are high on the concern list for the industry, making volatility a buzzword this year as well.There are other power dynamics at play. OPEC’s Viennese waltz in early December was a perfect example of a shift, with Russia brokering a deal to curb output and sharin...
Tags: Travel, Saudi Arabia, Russia, Opec, Bloomberg, Donald Trump, ConocoPhillips, International Energy Agency, Ryan Lance, Pacific Investment Management Co, Rupert Neil Bumfrey, Neil Atkinson, Greg Sharenow


Motiva preliminarily picked to run Curacao refinery: report

The refinery has been idle since May when a legal dispute between PDVSA and U.S. producer ConocoPhillips forced its closure. PDVSA's contract to run the facility, which is crucial for its storage, refining and shipping operations, will expire at the end of 2019. The government of the Caribbean island is seeking a company willing to handle it in the long run and probably also to finish the lease term next year.
Tags: Science, Caribbean, ConocoPhillips, Curacao, PDVSA, Motiva


Markets Right Now: Stocks open lower on Wall Street

NEW YORK (AP) — The latest on developments in financial markets (all times local):9:35 a.m.Stocks are opening slightly lower on Wall Street as energy companies slide along with the price of crude oil.ConocoPhillips sank 1.2... [Author: [email protected]]
Tags: Business, New York, Wall Street, ConocoPhillips


Boone and Crockett Club: A Win for Big Game Migration

A bighorn sheep ewe and her lamb crossing one of the innovative big game highway overpasses along Highway 93 near Hoover Dam. The overpass keeps migrating animals from directly crossing dangerouse or busy roads. MISSOULA, Mont. – -(AmmoLand.com)- The Boone and Crockett Club, the name synonymous with big game hunting and conservation, today applauded Interior Secretary Ryan Zinke's announcement that the lands western big game species depend upon as migration corridors will finally be getting mu...
Tags: Guns, North America, ConocoPhillips, Yellowstone, Boone, Interior, Zinke, Cummins, Theodore Roosevelt, Denali, Wildlife Service USFWS, Lacey, Bureau of Land Management BLM, Ryan Zinke, Hoover Dam, U S Federal


Food Bank of Alaska receives 120,000-pound donation

ANCHORAGE, Alaska (AP) — The Food Bank of Alaska is replenishing its pantry with a 120,000-pound (54,000-kilogram) donation. KTVA reports ConocoPhillips employees made the donation as part of United Way’s yearly Day of Caring food drive. Food bank CEO Jim Baldwin says his organization is “a bit leaner” as it comes off summer months. He […]
Tags: News, ConocoPhillips, United Way, Anchorage, KTVA, Alaska AP, Nation & World, Food Bank of Alaska, The Food Bank of Alaska, Jim Baldwin


Trump Admin Took Cues From The Obama Admin To Achieve ‘Energy Dominance’

WASHINGTON (AP) — Energy Secretary Rick Perry’s keynote speech at the World Gas Conference in June opened with a marching band and ended with an exhibition by the Harlem Globetrotters. It was a spectacle befitting the industry symposium. “We’re sharing our energy bounty with the world,” Perry gushed from a stage at the Washington Convention Center. Long undervalued, natural gas was once burned off indiscriminately as an unwanted byproduct of oil drilling. But the fuel’s fortunes have changed. ...
Tags: Energy, England, News, Obama, Congress, Washington, Saudi Arabia, White House, China, Iraq, Russia, India, America, Barack Obama, Ap, EFI


ConocoPhillips heralds first oil at Alaska petroleum reserve

ANCHORAGE, Alaska (AP) — ConocoPhillips Alaska has reached a milestone at the first drill site on federal leases within the National Petroleum Reserve-Alaska. The company announced Tuesday that it has produced its oil at the Greater Mooses Tooth No. 1 drill site. Production began Friday. The site is a satellite of the Alpine Field. Oil […]
Tags: News, Ap, Alaska, ConocoPhillips, Anchorage Alaska, Nation & World, ConocoPhillips Alaska, National Petroleum Reserve Alaska The company


Markets Right Now: Stocks slightly higher, led by energy

NEW YORK (AP) — The latest on developments in financial markets (all times local):11:50 a.m.U.S. stocks are mostly higher at midday as energy companies rise along with oil prices.ConocoPhillips rose 1.5 percent Tuesday and Chevron... [Author: [email protected]]
Tags: Business, New York, Chevron, ConocoPhillips


Amazon and Apple slide; Caterpillar and ConocoPhillips rise

NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday:Teva Pharmaceutical Industries Ltd., up 58 cents to $23.43The Food and Drug Administration approved Teva's drug Ajovy, an injection intended to prevent migraines.ConocoPhillips,... [Author: [email protected]]
Tags: Apple, Amazon, Business, New York, Ap, ConocoPhillips, Caterpillar, Teva Pharmaceutical Industries Ltd, Teva, 43The Food and Drug Administration


Autodesk and ConocoPhillips rise; Hibbett Sports plunges

NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday:Hibbett Sports Inc., down $8.87 to $20.53The sporting goods retailer cut its annual forecasts after a weak second quarter.Gap Inc., down $2.79 to $29.65The... [Author: [email protected]]
Tags: Business, New York, Ap, Autodesk, ConocoPhillips, Hibbett Sports Inc, Gap Inc, Hibbett Sports


Empirical SCOTUS: Building a merits docket for October Term 2018

The Supreme Court hears its first oral argument of the October 2018 term on the first Monday in October — October 1, 2018. Before then, on September 24, the justices will sit down to what is known as the “long conference,” where they will review petitions for certiorari for the first time since June. The number of petitions the justices review during this conference typically exceeds 1,000. With approximately 1,321 active cases and over 1,200 petitions for certiorari, this year’s number is once ...
Tags: Florida, Texas, Cook, Featured, Supreme Court, Law, California, United States, Epa, Christian, Donald Trump, ConocoPhillips, IFP, Harding, U S Court of Appeals, Jeff Sessions


ConocoPhillips and Venezuela's PDVSA reach $2 billion settlement

U.S. producer ConocoPhillips and Venezuela's PDVSA have reached a payment agreement over a $2 billion arbitration, the companies said on Monday, suspending a dispute that blocked the state-run company from exporting oil from most of its key Caribbean facilities.
Tags: Money, businessNews, Venezuela, Caribbean, ConocoPhillips, PDVSA


ConocoPhillips, Venezuela's PDVSA reach $2 bln settlement

U.S. producer ConocoPhillips and Venezuela's PDVSA have reached a payment agreement on a $2-billion arbitration award, the companies said, suspending a dispute that blocked the state-run firm from exporting oil from most of its key Caribbean facilities.
Tags: Money, businessNews, Venezuela, Caribbean, ConocoPhillips, PDVSA, ConocoPhillips Venezuela


ConocoPhillips says PDVSA agreed to pay $2 bn to settle dispute

Venezuela has agreed to pay a $2 billion settlement to US oil giant ConocoPhillips, to stop the seizure of the South American nation's assets, the American firm announced Monday. PDVSA, the state oil company once the crown jewel of Venezuela's now imploding economy, will make initial payments of $500 million over the next 90 days, ConocoPhillips said in a statement. In return, ConocoPhillips said it agreed to halt the seizure of PDVSA's oil and assets in the Caribbean -- which it took over aft...
Tags: News, US, Venezuela, Caribbean, ConocoPhillips, Caracas, PDVSA


ConocoPhillips settles with Venezuela's PDVSA to recover $2 billion

U.S. producer ConocoPhillips on Monday said Venezuela's PDVSA agreed to pay $2 billion to settle an arbitration award, suspending a dispute that blocked the state-run oil firm from exporting crude from most of its key Caribbean facilities.
Tags: Money, businessNews, Venezuela, Caribbean, ConocoPhillips, PDVSA


Conoco says Venezuela will pay $2 billion arbitration award

U.S. oil giant ConocoPhillips says it has reached an agreement with Venezuela*s state-owned oil company to recover nearly $2 billion it was awarded as part of a decade-old expropriation dispute.
Tags: Finance, Article, Venezuela, Associated Press, ConocoPhillips, Caracas, FBN, Conoco, Fbn/markets, Fox-business/markets, Fox-business/industries/energy, Fox-business/features, 1c1d466d-6f0d-557d-8995-0a4ec52b234c