ConocoPhillips Stock News

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.

ARLINGTON, Va.--(BUSINESS WIRE)--Venture Global and ConocoPhillips Announce 20-Year LNG Sales and Purchase Agreement.

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.

Large caps tend to outperform small caps as year's end approaches.

An unprecedented deal for the U.S. to gain access to a fifth of Venezuela's oil reserves - and the central role a Venezuelan businessman will play - is ​prompting questions and hesitation from some oil companies evaluating potential investments in the country, sources familiar with the situation told Reuters.