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ConocoPhillips Stock News
$136.94
5.17%
NYSE, Nov 04, 04:29 pm EST.
Closed.
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Oct 26 (Reuters) - ConocoPhillips (COP.N), opens new tab has informed its staff of a reduction to its workforce in Canada, a spokesperson for the oil and gas producer said on Monday.
Iran is going to grow more desperate as oil money dries up, which makes the country even more dangerous. Some under-the-radar energy stocks Goldman Sachs loves.
It could take at least a decade and tens of billion dollars in investment for Venezuela to recover its oil industry and approach crude production levels it had years ago, ConocoPhillips' chief economist Helen Currie said at a conference on Tuesday.
ConocoPhillips Chairman Ryan Lance expects the oil price floor to rise to around $70 per barrel and sees a mid-cycle price of $65-$70 per barrel for the US West Texas Intermediate crude benchmark, he told the Energy Intelligence conference in London on Monday.
Venture Global and ConocoPhillips said on Thursday they had signed a 20-year liquefied natural gas (LNG) supply agreement under which ConocoPhillips will buy 1 million tonnes a year of LNG starting in 2030.
ConocoPhillips is evaluating a potential sale of its Norway business and Teesside asset in the UK after receiving an unsolicited offer, the company said on Thursday.
US Supreme Court Justice Samuel Alito will not participate in an upcoming case involving a bid by oil companies to scuttle a lawsuit seeking to hold them liable for helping fuel climate change, a court official said on Monday.
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