Tag: Conoco Phillips

Chevron to delay capital spending announcement

Chevron, the second largest U.S. integrated energy company, announced Tuesday that its budget won’t be made public until early next year.  More »

LinkedIn: Energy companies among most in demand for job seekers

The social network released its list ranking companies’ with the most engagement from potential employees.  More »

Oil producers unite to lobby for crude exports

Fourteen of the nation’s largest independent oil companies are banding together to lobby for the right to export crude around the world. It’s a sign the industry is revving up for a big, coordinated push to dismantle those trade restrictions next year.  More »

Rare Alaskan crude shipment heads to South Korea

A tanker full of Alaskan crude is now heading to South Korea, courtesy of an exception in the 39-year-old law that blocks most U.S oil from being sold overseas. The shipment is the first of its kind in a decade.  More »

Shell, ConocoPhillips plead White House for flexibility in Arctic

Oil companies hoping to find crude under Arctic waters north of Alaska are imploring the Obama administration to ensure new rules governing drilling in the region don’t force them to stash emergency equipment nearby nor block them from using chemical dispersants to clean up any spills.  More »

Oil companies forfeit Arctic drilling rights

Oil companies that had locked up more than 1.3 million acres of the Beaufort Sea for drilling in 2007 have since relinquished nearly half that territory, signaling the industry’s appetite for tapping those Arctic waters may be waning even as the Obama administration makes plans to auction off more of the area.  More »

Commentary: Alaska voters hold the key to North Slope

Commentary: As political shenanigans continue to delay approval of the Keystone XL pipeline, Alaskan voters hold the key to avoiding a similar fate for what could be North America’s largest pipeline project.  More »

Life on the shale

No one in Karnes County, Texas have grasped the implications of Conoco-Phillips’ secretive decision to drill a deep, expensive well into the mysterious formation known as the Eagle Ford Shale.  More »

ConocoPhillips launches nationwide campaign to boost natural gas

The move comes as ConocoPhillips, like other U.S. energy producers with big natural gas portfolios, struggles to deal with a relatively low price for the hydrocarbon. CEO Jim Mulva told the Detroit Economic Club today that the U.S. should embrace natural gas as a low-cost and environmentally friendly power source.  More »

Rex Tillerson: Proposed tax hikes are ‘discriminatory and punitive’

Executives from the five biggest oil companies are set to argue against proposed tax hikes during a Senate Finance Committee hearing today. Exxon Mobil CEO Rex Tillerson will tell the panel that Democrats are unfairly singling out the firms with a plan to eliminate tax credits and deductions used broadly by other industries.  More »