Search results for: ConocoPhillips

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A list of search results

  • 31 October 2018

    US energy company and LNG player, ConocoPhillips has named Matt Fox as the company’s new executive vice president and chief operating officer. Fox will take the newly created role of COO on January 1, 2019. He is currently executive vice president, strategy, exploration and technology at ConocoPhillips. He will have responsibility for worldwide exploration and production operations, corporate planning […]

  • 10 December 2018
    Business & Finance

    U.S. oil major ConocoPhillips has revealed that its capital expenditure budget for 2019 will be $6.1 billion. 

  • 15 December 2016

    U.S. oil major ConocoPhillips has surpassed its target for the 2016 planned asset sale gaining $1.3 billion in proceeds that is being used for debt reduction. The proceeds from these dispositions are also being used for share repurchases and general corporate purposes. The company said on Wednesday it generated approximately $1.3 billion of proceeds from […]

  • 13 July 2017
    Business & Finance

    American energy corporation ConocoPhillips has elected the founder and chief executive officer (CEO) of ClearStory Data Inc. to serve as a member of its board of directors. ConocoPhillips said on Wednesday that Sharmila Mulligan was elected to the board of directors. Mulligan spent her career building innovative software companies, most recently founding ClearStory Data Inc. […]

  • 30 July 2019
    Business & Finance

    ConocoPhillips recorded a similar profit in the second quarter 2019 to the one made in the same period last year as lower oil prices were offset by higher volumes. 

  • 31 January 2019

    U.S. oil company has reported fourth-quarter 2018 earnings of $1.9 billion, an increase compared with fourth-quarter 2017 earnings of $1.6 billion. Excluding special items, fourth-quarter 2018 adjusted earnings were $1.3 billion compared with fourth-quarter 2017 adjusted earnings of $0.5 billion. ConocoPhillips said special items for fourth quarter 2018 quarter included a gain from the sale […]

  • 25 October 2018
    Business & Finance

    U.S. oil major ConocoPhillips has boosted its third quarter earnings on higher oil and gas prices and higher sales volumes.

  • 13 July 2017

    Houston-based energy giant and LNG player ConocoPhillips has elected Sharmila Mulligan, founder and chief executive officer of ClearStory Data Inc., to serve as a board member. Mulligan spent her career building innovative software companies, most recently founding ClearStory Data Inc. in 2011. She previously served in senior roles at numerous software companies, including Aster Data, […]

  • 2 February 2017

    Houston-based energy giant and LNG player ConocoPhillips reported a loss of $35 million in its fourth quarter of 2016, compared with $3.5 billion in the same quarter a year before. On a per-share basis, ConocoPhillips said it had a loss of 3 cents. Losses, adjusted for one-time gains and costs, came to 26 cents per share […]

  • 31 July 2020
    Business & Finance, Business developments & projects, Market outlooks, Outlook & strategy

    ConocoPhillips recorded a $1 billion loss in the second quarter of this year due to lower oil prices and production curtailments amid COVID-19 impact.

  • 2 February 2018
    Ports & Logistics

    Houston-based energy company and LNG player, ConocoPhillips reported earnings of $1.6 billion in its fourth quarter of 2017, compared with a loss of $35 million in the same quarter a year before, as oil and gas prices rose. On a per-share basis, ConocoPhillips posted fourth-quarter net income of $1.32 per share, compared to a net […]

  • 10 November 2016

    American energy corporation ConocoPhillips has revealed its plans for the future that include assets sale and reduction of 4 pct in capital expenditure next year compared to this year’s guidance.  In a statement on Thursday, the energy giant said its plan is to initiate a $5 to $8 billion divestiture program, which will focus primarily on […]

  • 18 February 2016
    Business & Finance

    ConocoPhillips on Thursday announced the retirement of Jeff Sheets as executive vice president, Finance and chief financial officer after more than 35 years with the company. In conjunction with Sheets’ retirement, ConocoPhillips also announced several executive leadership changes to realign responsibilities. Don Wallette, Jr., currently executive vice president, Commercial, Business Development and Corporate Planning, has […]

  • 4 July 2018

    BP and ConocoPhillips have signed an agreement which will see BP take ConocoPhillips’ stake in the Clair field in the North Sea. In a separate transaction, BP will sell its non-operating interest in Kuparuk and satellite oilfields in Alaska to ConocoPhillips.

  • 28 July 2016

    Houston-based energy giant ConocoPhillips reported a second-quarter net loss of $1.1 billion, compared with a net loss of $179 million a year earlier. The world’s largest independent exploration and production company also slashed its capital guidance, again, to manage through the period of low oil and gas prices, ConocoPhillips said in a statement on Thursday. […]

  • 13 October 2011
    Business & Finance

    ConocoPhillips announced that its board of directors has chosen the leaders for the two independent energy companies that will result from the previously announced strategic repositioning of ConocoPhillips. Ryan M. Lance will become the chairman and chief executive officer of ConocoPhillips, the upstream company, and Greg C. Garland will become the chairman and chief executive […]

  • 7 September 2011
    Business & Finance

    ConocoPhillips announced today that it will establish a fund related to the incidents at the Peng Lai 19-3 field in Bohai Bay, China. This fund will be designed to address ConocoPhillips’ responsibilities in accordance with relevant laws of China and to benefit the general environment in Bohai Bay. “ConocoPhillips deeply regrets these incidents and apologizes […]

  • 7 September 2011
    Business & Finance, Operations & Maintenance

      ConocoPhillips  announced today that it will establish a fund related to the incidents at the Peng Lai 19-3 field in Bohai Bay, China. This fund will be designed to address ConocoPhillips’ responsibilities in accordance with relevant laws of China and to benefit the general environment in Bohai Bay. “ConocoPhillips deeply regrets these incidents and […]

  • 8 April 2016
    Business & Finance, Operations & Maintenance, Project & Tenders

    Archer has been awarded a five-year contract by ConocoPhillips for the provision of mechanical wireline services for the Norwegian Continental Shelf. The contract was awarded to Archer following a tender process for ConocoPhillips’ well intervention services in Norway. Archer has provided wireline intervention and cased hole logging services for ConocoPhillips since 2009 and the current contract would […]

  • 27 July 2011
    Project & Tenders, Research & Development

    Further to the Company’s announcement of 29 November 2010, Karoon Gas Australia Limited and its related entities have executed final and binding documentation with its joint venture partner, ConocoPhillips (Browse Basin)  Pty Ltd (“ConocoPhillips”) and its related entities, to acquire an additional 50% participating interest in Browse Basin permit, WA-314-P. The permit is located to […]

  • 29 April 2016

    Houston-based oil and gas giant ConocoPhillips reported a first-quarter net loss of $1.5 billion, compared with a profit of $272 million a year earlier. The energy giant also slashed its capital guidance, for the second time this year, to manage through this period of low oil and gas prices, ConocoPhillips said in a statement on […]

  • 19 November 2018
    Business & Finance

    The UK-based oil and gas company Ineos is in exclusive talks with ConocoPhillips to buy the U.S. company’s UK North Sea assets.