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ConocoPhillips sells oil and gas assets for $13.3bn

March 30, 2017

US-based ConocoPhillips the world s largest independent E&P company based on production and proved reserves has agreed to sell oil sands and western Canadian natural gas assets to Cenovus Energy for C... View more

ConocoPhillips sues Venezuela’s PDVSA

October 17, 2016

Subsidiaries of US oil company ConocoPhillips have sued Venezuelan state oil company PDVSA in Delaware according to a court filing accusing it of fraudulent operations involving its US subsidiary Citg... View more

ConocoPhillips’ Q1 profit falls sharply

May 11, 2015

ConocoPhillips the largest independent US energy company reported sharply lower quarterly profit hurt by a steep decline in crude oil prices. Crude prices in the quarter tumbled by about half from a p... View more

ConocoPhillips set to launch US asset sales

April 20, 2015

ConocoPhillips is preparing the sale of noncore oil and gas producing acreage in the US in the latest sign that oil majors are becoming more accepting of lower oil prices according to people familiar ... View more

ConocoPhillips plans to spend less in 2015

December 11, 2014

ConocoPhillips said its 2015 capital budget would be 20 per cent or about 3 billion lower than this year s the biggest spending cut by a US oil and gas producer in dollar terms as oil prices hit five-... View more

ConocoPhillips to spin off its refining arm

July 25, 2011

ConocoPhillips will spin off its refining arm in a bid to improve investment returns for shareholders abandoning the bigger-is-better strategy that drove oil giants into mergers. As an integrated oil ... View more

ConocoPhillips’ US refinery set to get $50m upgrade

May 31, 2010

SOMETIME in late July while most Billings (Montana US) residents are asleep a massive truck will roll through town carrying tonnes of steel that will be used in a 50 million upgrade to the ConocoPhill... View more

ConocoPhillips invests in biofuel research

June 30, 2008

ConocoPhillips biofuels manager says the Houston-based energy giant once calculated that it would need to buy at least 7 000 farms to produce enough ethanol to supply its domestic gasoline needs. That... View more

Kufpec buys ConocoPhillips Indonesia assets for $330m

April 27, 2008

KUWAIT Foreign Petroleum Exploration Co (Kufpec) says it paid 330 million for ConocoPhillips (Pangkah) Ltd a wholly owned subsidiary of the US ConocoPhillips which holds a 25 per cent participating in... View more

IPIC signs accords with ConocoPhillips

October 31, 2006

Abu Dhabi s investment arm IPIC and ConocoPhillips have signed deals for a new 500 000 barrels per day oil refinery in the UAE and to cooperate on energy projects they said. The cost of the export-ori... View more

ConocoPhillips optimistic about price

November 27, 2004

ConocoPhillips the No 3 oil company of the US has said that its 2005 operating plan assumes an average US oil price next year of 28 per barrel. Our assumption when we put our operating plan together i... View more



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