SANDEFJORD, Norway, May 9 (Reuters) – ConocoPhillips (COP.N) submitted on Monday a plan to develop an oil discovery in the Norwegian North Sea for 10.5 billion Norwegian crowns ($1.10 billion), the first of an expected rush of […]
This year will mark the 25th anniversary of the St Petersburg International Economic Forum, a gathering that is normally held in a village-like enclosure in this imperial city that is incidentally also the birthplace of […]
ConocoPhillips is supplying a Bitcoin mining project with natural gas from the Bakken shale of North Dakota in a first for a major U.S. producer. The gas supplied to the pilot project, owned and managed […]
ConocoPhillips plans to keep the number of rigs steady on Permian Basin acreage recently acquired from Shell plc. We plan to continue running four rigs on that property, the same activity rate that Shell was […]
Oil producers in the Permian Basin must do more to disclose and stop the leak of methane, a powerful greenhouse gas, a House committee wrote in a letter to 10 major oil companies. The letter from the […]
Dealmaking in the U.S. oil and gas industry in the third quarter of 2021 fell from a two-year high in the previous quarter, according to data analytics firm Enverus on Tuesday, as the industry cools […]
OilPrice.Com As uncertainty over new Covid outbreaks combined with a strengthening U.S. dollar, oil prices came under pressure this week and are on course to finish the week 7 percent down. Friday, August 20th, 2021 […]
Even the climate-conscious Biden administration supported ConocoPhillips’s $6 billion oil development on Alaska’s Northern Slope, but that couldn’t stop a judge from throwing it in limbo on environmental grounds. U.S. District Judge Sharon Gleason’s decision to rescind the […]
(Bloomberg) — ConocoPhillips and Diamondback Energy both got a boost from surging natural gas prices in the first quarter, as a February deep freeze in the central U.S. stoked demand for the heating and power-plant […]
Big oil has a big problem. It’s running out of oil. Energy News Beat Publishers Note (ENB): With the reduction in the big oil companies adding to their reserves, it will have a long-term impact […]
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