ConocoPhillips said on Thursday that any delay to its Qatar LNG project would likely be in months rather than a year or more and it does not expect any impact on free cash flow.
ConocoPhillips on Thursday named finance chief Andy O'Brien as CEO, succeeding Ryan Lance, who will transition to executive chair on September 1 after more than a decade leading the U.S. oil producer.
ConocoPhillips said on Thursday it has completed the sale of $1.7 billion of noncore Lower 48 assets in July, helping the U.S. oil producer reach its $5 billion asset disposition target ahead of schedule.
ConocoPhillips beat Wall Street estimates for second-quarter adjusted profit on Thursday, as stronger commodity prices and cost-cutting measures helped offset a decline in its output.