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ConocoPhillips

Ryan Lance, ConocoPhillips CEO, speaks during the opening panel discussion of IHS Energy CERAWEEK on Monday, April 20, 2015, in Houston. ( 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.
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ConocoPhillips hires Scotiabank to sell some Canadian assets

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Details on the sale from the Houston-based company will be provided in the second quarter, according to Scotiabank.
JAPAN-ECONOMY-TRADE

Oil exports would give US leverage, former ambassador says

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So far, most of the congressional debate on crude exports has focused on the economics of the issue, but former Amb. Carlos Pascual’s comments amplify geopolitical concerns with the longstanding trade restrictions for oil.
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ConocoPhillips to lay off 200 Canadian workers

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The Houston-based independent said the layoffs will affect 7 percent of the company’s Canadian workforce.
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)

ConocoPhillps slashes spending plans for coming years

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The largest independent producer of oil and gas had been signalling plans to spend an average of $16 billion per year, but earlier this year, the company whittled its 2015 capital expenditure budget by $2 billion to $11.5 billion.
MEXICAN ARMY GUARDS PEMEX INSTALATIONS AND REFINERIES

Pemex loses bid to recover stolen gas proceeds from Shell, BASF

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A Houston federal judge threw out the claims last year after finding Mexico’s national oil company waited too long to pursue U.S. buyers of its stolen natural gas liquids.