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ConocoPhillips

President Barack Obama arrives to speak on March 22, 2012 at the TransCanada Stillwater pipe yard in Cushing, Oklahoma. (AFP PHOTO/Mandel Ngan)

Obama knows crude export ban is “bad economics,” North Dakota senator says

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Sen. Heidi Heitkamp, D-N.D., suggested that momentum is building on Capitol Hill and within the Obama administration for liberalizing the longstanding ban on U.S. crude exports.
(AP Photo/Lisa Poole, File)

Fortune 500: Oil prices take slight toll on rankings for Houston companies

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Some Houston-based oil and gas companies saw their rankings slip this year after months of low commodities prices hammered the industry.
A drilling rig under contract to Shell arrives in Port Angeles, Washington en route to Alaska's Chukchi Sea, where Shell hopes to drill this summer. (Daniella Beccaria/seattlepi.com via AP, File) MAGS OUT; NO SALES; SEATTLE TIMES OUT; TV OUT; MANDATORY CREDIT

Oil industry takes aim at proposed Arctic drilling mandates

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The proposed requirements would unnecessarily shorten an already brief window for exploratory drilling in the Chukchi and Beaufort seas while dramatically boosting the costs of those operations, dissuading companies from drilling in the region, industry representatives said in formal comments filed with the government.
Ryan Lance, ConocoPhillips CEO, speaks during the opening panel discussion of the 2015 IHS Energy CERAWEEK. (Brett Coomer/Houston Chronicle)

Questions linger for ConocoPhillips on Arctic drilling program following Shell’s OK

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ConocoPhillips paid about $506 million for 98 exploration leases about 100 miles off Alaska’s north coast in 2008. In April of 2013, the company suspended its plans to drill an exploratory well in the sea, citing uncertainty in regulations.
Energy executives discussed how to develop the right portfolio of oil and gas assets at an Offshore Technology Conference panel.

Oil producers shouldn’t shun their global assets during a downturn, Woodside Petroleum exec says at OTC

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Oil and gas production companies need to “knee-jerk reactions” to investor activism and other short-term concerns, the executive said.
Ryan Lance, ConocoPhillips CEO, speaks during the opening panel discussion of the 2015 IHS Energy CERAWEEK. (Brett Coomer/Houston Chronicle)

ConocoPhillips boosts production despite pain from cheap oil

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The biggest hurdle during the quarter was the low price of crude, the company said in a statement released early Thursday.
(From left to right) IHS Vice Chairman Daniel Yergin interviews Alaska Sen. Lisa Murkowski and ConocoPhillips CEO Ryan Lance at the 2015 IHS Energy CERA Week (Brett Coomer/Houston Chronicle)

Ryan Lance at CERAWeek: Production cuts now could lead to big price swings later

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Oil prices may rebound, but volatility is here to stay, ConocoPhillips CEO Ryan Lance predicted Monday.
Sen. Lisa Murkowski speaks at the IHS Energy CERA Week conference in Houston on April 20, 2015. (Brett Coomer/Houston Chronicle)

CERAWeek: U.S. crude export ban is a sanction against ourselves, Murkowski says

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“We shouldn’t lift sanctions on Iranian oil while we are keeping sanctions on American oil,” Sen. Lisa Murkowski told energy executives at IHS Energy CERAWeek. “It makes no sense.”
ConocoPhillips operations in the Eagle Ford Shale in South Texas.

As costs fall, companies may start completing wells again

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Oil companies keeping thousands of barrels of crude off the market by drilling but not completing wells may soon start flooding the market again.
Ryan Lance, chairman and CEO of ConocoPhillips, addresses the audience during the Geopolitics of Natural Gas at Rice University, Friday, Feb. 21, 2014, in Houston. (Marie D. De Jesús/Houston Chronicle)

ConocoPhillips stresses shale through 2017

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Flexible spending and disciplined growth will help ConocoPhillips meet its 2017 goals, executives said Wednesday.