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ConocoPhillips

Santos announced today its plans to acquire ConocoPhillips’s northern Australian portfolio. Read more

Upstream

Australians love a good yarn, a chinwag, a chat. But it’s not sports or politics that’s making the ‘goss’ in the oil & gas boardrooms of Perth right now. Read more

Offshore & Marine

There is considerable potential to raise the crude oil production in the Bakken shale play from the current level of approximately 1.44 million barrels of oil per day (mmbd) to at least 2 mmbd. Read more

Commodities

The sale is expected to be completed in the second half of 2019. Read more

M&A/Investment

The 2019 capital budget includes funding for ongoing conventional and unconventional development drilling programs, major projects, exploration and appraisal activities, and base maintenance activities. Read more

M&A/Investment

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KBR

KBR Inc. is pursuing a new phase of joint development with ConocoPhillips LNG Licensing LLC to provide low-cost and expedited mid-scale LNG solutions for the marketplace. Read more

Natural Gas/LNG

API recently released its quarterly well completion report for the second quarter of 2018... The Bureau of Ocean Energy Management will offer approximately 78 million acres offshore Texas... ConocoPhillips recently provided an update on its operating Read more

Upstream

A U.S. judge on Thursday dismissed a lawsuit by New York City seeking to hold major oil companies liable for climate change caused by carbon emissions from burning fossil fuels. Read more

Health, Safety & Environmental

U.S. crude oil production in the Federal Gulf of Mexico increased slightly in 2017...The Department of the Interior (DOI) will offer 77.3 million acres offshore Texas, Louisiana, Mississippi, Alabama and Florida...ConocoPhillips has concluded its... Read more

Upstream

U.S. oil firm ConocoPhillips has moved to take Caribbean assets of Venezuela’s state-run PDVSA to enforce a $2 billion arbitration award over a decade-oil nationalization of its projects in the South American country. Read more

Tanks/Terminals/Storage

ConocoPhillips provided several updates on disposition activity and early life-cycle acreage acquisition activities. Read more

Drilling & Exploration

The supply of natural gas in the United States is not only plentiful, but represents an increasing percentage of total gas supply. Read more

Upstream

ConocoPhillips will boost oil and natural gas output for the rest of the decade but vowed it would do so only when it was financially prudent and that it would strictly adhere to shareholder returns. Read more

Plant Management & Operations

ConocoPhillips completed its previously announced transaction with an undisclosed buyer to sell its Panhandle assets for $184 million, plus net customary adjustments. Read more

Drilling & Exploration

ConocoPhillips (NYSE: COP) today reported a second-quarter 2017 loss of $3.4 billion, or ($2.78) per share, compared with a second-quarter 2016 loss of $1.1 billion, or ($0.86) per share. Read more

Refining & Petrochemical Processing

The Federal Energy Regulatory Commission on Wednesday approved the Freeport LNG export project. The project includes the construction and operation of a liquefaction plant with three trains, each with... Read more

Midstream

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