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HomeConocoPhillips

ConocoPhillips

ConocoPhillips
Big Oil Companies

ConocoPhillips eyes more LNG offtake, regas capacity deals

May 7, 2024 Mariel Alumit

US energy firm ConocoPhillips is looking to sign more LNG offtake deals and to secure additional regasification capacities, as it continues to expand its LNG portfolio, according to its management. ConocoPhillips CEO Ryan Lance and […]

Fossil Fuel
Big Oil Companies

Fossil Fuel Companies Face Mounting Legal Challenges

May 3, 2024 Mariel Alumit

Lawsuits targeting fossil fuel companies over climate damage have increased, with allegations ranging from violations of state laws to demands for reparations and criminal charges. Indigenous communities worldwide have achieved victories in halting oil and […]

ConocoPhillips
Earnings

ConocoPhillips announces first-quarter 2024 results, quarterly dividend and VROC

May 2, 2024 Mariel Alumit

Reported first-quarter 2024 earnings per share of $2.15 and adjusted earnings per share of $2.03. Generated cash provided by operating activities of $5.0 billion and cash from operations (CFO) of $5.1 billion. Declared ordinary dividend […]

Big Oil Companies

$200 Billion of M&A Wasn’t Enough in US Oil Patch

April 11, 2024 Stu Turley

Even after a record $200 billion dealmaking frenzy last year, US oil and gas producers haven’t consolidated nearly enough. On a-per-barrel basis, there are still too many companies, too many chief executives, and too many […]

Energy Stocks
Big Oil Companies

Energy Stocks Rally Under The Radar

April 9, 2024 Mariel Alumit

Big Oil is trumping the Magnificent Seven on the stock market this year in an oil stocks rally that few had expected a few months ago. Energy stocks have outperformed the top tech stocks this […]

Oil Projects
Big Oil Companies

Norway Greenlights Startup of Aker BP, ConocoPhillips Oil Projects

March 1, 2024 Mariel Alumit

ConocoPhillips Co. and Aker BP ASA have received consent from Norwegian authorities to start production in two separate oil projects in the North Sea. Expected to go onstream by March, the northern part of the […]

Big Oil Companies

Chicago sues oil companies for causing climate change, points to 1995 heat wave

February 21, 2024 Stu Turley

ENB Pub Note: This is a total weaponization of the legal system for fraudulent reasons. Facts, fiscal responsibility and physics matter when dealing with the cost of energy. The city of Chicago filed a sprawling lawsuit against […]

Big Oil Companies

Daily Energy Standup Episode #250 – Iran-China Trade Surges, Legal Victories in Alaska, and the Growing Role of Fossil Fuels

November 13, 2023 Andy Del Prado

Daily Standup Top Stories Explainer: Iran’s expanding oil trade with top buyer China November 11, 2023 Allen Santos Nov 10 (Reuters) – China’s oil imports from Iran have hit record highs as Iran ramps up output […]

block oil and gas
Big Oil Companies

Alaska Judge Sides With ConocoPhillips on New $7.5 Billion Oil Project

November 11, 2023 Mariel Alumit

A federal judge upheld the Biden administration’s approval of ConocoPhillips’ 600-million-barrel Willow oil development in Alaska, a blow to environmentalists who argued it would imperil wildlife and exacerbate climate change. The ruling by Alaska-based US District […]

Crude Oil News

Daily Energy Standup Episode #240 – Offshore Wind Challenges, Geopolitical Conflicts, and Market Trends

October 30, 2023 Andy Del Prado

Daily Standup Top Stories GE Offshore Wind to Post $1 Billion Loss in 2023, Again in 2024 October 29, 2023 Allen Santos General Electric Co. expects its offshore-wind operations to post annual losses of about $1 billion […]

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