Tag: ConocoPhillips

U.S. LNG export potential gaining momentum

Liquefied natural gas exports from the U.S. are looking more likely after the Freeport LNG terminal got conditional approval from the Department of Energy, Goldman Sachs Group Inc. (GS) said.  More »
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Oil CEO: Humans are involved with climate change

The leader of one of the world’s largest energy companies said this week that humans are accelerating climate change and the global community should take action to address the problem.  More »
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Fortune 500: Biggest losers and gainers

Energy companies are regulars at the top of the Fortune 500 list. But several of the biggest names in the business took a hit this year.  More »
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CEO: ConocoPhillips on track for 25% growth by 2017

A year removed from a split that made ConocoPhillips the world’s largest independent oil company, its CEO said it was on track for a more than 25 percent production jump by 2017.  More »
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Megaprojects change countries, but breed trouble

There is a growing number of oil megaprojects in the world that are so huge that they transform national economies and educational systems. But their size and complexity has led to costly problems.  More »

ConocoPhillips leasing space in two new Energy Corridor buildings

The space encompasses Energy Center Three, a 20-story, 550,000-square-foot office tower under construction and 300,000 square feet in Energy Center Four, a planned 600,000-square-foot building expected to break ground later this year.  More »

ConocoPhillips net earnings fall slightly with lower production

ConocoPhillips, the largest independent U.S. oil and natural gas producer, struggled with a declining output in its first quarter earnings, a little more than a year after spinning off its refining division.  More »

Major accidents in Texas

Texas has been struck by two industrial fires this week. Here’s a look back at some major accidents at refineries and chemical facilities that have shook the state over the years.  More »

Feds: Emergency containment equipment a must for Arctic

Oil companies seeking to drill in Arctic waters must have emergency equipment capable of reining in runaway subsea wells, a top Obama administration official said, answering a question facing ConocoPhillips and other firms with drilling rights in the region.  More »

ConocoPhillips puts Arctic drilling plans on ice

ConocoPhillips on Wednesday said it would abandon its plans to begin drilling for oil in Arctic waters north of Alaska because of “uncertainties of evolving federal regulatory requirements” for oil exploration in the region. The move follows similar decisions by Statoil and Shell, which is pausing its own Arctic oil hunt after experiencing several high-profile mishaps last year.  More »

Feds: All companies should heed Arctic drilling lessons

Federal regulators have focused scrutiny on Shell’s Arctic drilling program, but top Obama administration officials say ConocoPhillips and other companies planning to search for oil in the same area better be paying attention.  More »

BP, Shell to drill for more reserves at offshore Clair field

BP Plc and its partners agreed to drill five additional wells at the Clair field west of Scotland’s Shetland Islands as Europe’s second-biggest oil company seeks to expand the giant discovery.  More »
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