Archive for the ‘ConocoPhillips’ Category

US Sen. Lisa Murkowski (R-Alas.) urged the US Bureau of Land Management to rescind its draft regional mitigation strategy (DRMS) for the National Petroleum Reserve-Alaska because it is deeply flawed, fails to establish predictability and transparency, …

FAR Ltd., Perth, is pushing hard in favor of development of SNE oil field offshore Senegal in which it is a 15% participant.

Houston independent ConocoPhillips Co. reported a second-quarter net loss of $1.1 billion, down from a second-quarter 2015 net loss of $179 million. Excluding special items, second-quarter adjusted earnings were a net loss of $985 million, down from se…

As publisher of the OGJ150 each September, editors at Oil & Gas Journal already have a pretty good idea of which US industry firms are handling the downturn better or worse relative to their peers.

About 88,000 residents of Fort McMurray in northern Alberta were evacuated earlier this month from a wildfire that destroyed or damaged 1,600 structures. Alberta Premier Rachel Notley called the event the biggest evacuation in the history of the province.

ConocoPhillips will emphasize North American unconventional oil and gas projects amid depressed oil and gas prices because technology is still driving costs down and improving their economics, Chief Executive Officer Ryan M. Lance said.

ConocoPhillips foresees a 2016 capital budget of $7.7 billion, down 55% compared with 2014 capital spending and down 25% compared with expected 2015 capital spending.

The Alaskan subsidiaries of BP PLC and ConocoPhillips provided written assurances that they will commit their shares of Alaska North Slope natural gas to a future pipeline project, Gov. Bill Walker (I) announced in Juneau. 

The Alaskan subsidiaries of BP PLC and ConocoPhillips provided written assurances that they will commit their shares of Alaska North Slope natural gas to a future pipeline project, Gov. Bill Walker (I) announced in Juneau. 

The US Bureau of Land Management approved a drilling permit and offered a right-of-way grant for ConocoPhillips Alaska Inc.’s proposed Greater Mooses Tooth Unit within the National Petroleum Reserve-Alaska.