U.S. refiner Phillips 66 offered to acquire the public units of DCP Midstream in a deal that would value the pipeline operator at $7.2 billion deal and bulk up Phillip’s natural gas liquids business. A deal would […]
NEW YORK, Aug 17 (Reuters) – U.S. oil reserves held by 50 large companies rose by 13% over the five years ended in December, according to an Ernst & Young report released on Wednesday, with […]
I had been following Arjun and enjoyed his views and industry leadership. And when he agreed to stop by the podcast it was cool. Not just cool, but way cool. It was an absolutely great […]
Money managers have started to close out short positions on oil. The oil price slump that started mid-June could be about to reverse. The disconnect between the physical crude market and paper crude market remains […]
ConocoPhillips is considering a potential sale of its minority stake in a Shell-operated oil and gas platform in the U.S. Gulf of Mexico, which would mark the exit of ConocoPhillips from U.S. offshore operations, sources […]
ConocoPhillips chief executive on Tuesday warned of looming crude oil shortages and price volatility, citing limited spare capacity among the Organization of the Petroleum Exporting Countries and slow U.S. output gains ahead. Ryan Lance, head of […]
HOUSTON, Jul. 14 /BusinessWire/ — Three leading U.S. oil and natural gas producing companies, Pioneer Natural Resources Company (NYSE:PXD), Devon Energy Corp. (NYSE:DVN) and ConocoPhillips (NYSE:COP), jointly announced today that they have joined the Oil […]
The Biden administration on Friday released a draft supplemental environmental review of ConocoPhillips’ giant oil prospect on Alaska’s North Slope, known as the Willow project, after a federal judge last year rejected approval for the project […]
ConocoPhillips is ramping up production at its newest North Slope project, Fiord West, in the Alpine field. A company official said that an initial horizontal production well reached 10,000 barrels per day on Monday, May […]
Phillips 66 made a final investment decision to move forward with Rodeo Renewed, the project to convert its San Francisco Refinery in Rodeo, California, into one of the world’s largest renewable fuels facilities. The project, which recently received […]
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