Tag: Ryan Lance

Executive pay drops as shareholder pressure rises on oil giants

Several of the largest U.S. energy companies cut into top-shelf executive pay last year as activist investors pushed them to shrink their oil empires and steer more capital to shareholder pockets.  More »

ConocoPhillips CEO: Skeptics’ warnings of shale bubble are unfounded

ConocoPhillips CEO Ryan Lance fired back at shale skeptics, while speaking at Rice’s Baker Institute for Public Policy Tuesday. He said the country’s shale revolution is only in the “first inning of a nine inning game.”  More »

Asset sales boost Conoco’s quarterly profit as revenue drops

ConocoPhillips’ fourth-quarter earnings rose 79 percent, largely due to asset sales in Algeria and the Caspian Sea, the company reported Thursday.  More »

Lawmaker takes aim at industry’s planned fight for US crude exports

Sen. Ed Markey delivered a preemptive strike against oil industry plans to stoke world trade concerns as part of a broader battle against the U.S. ban on exporting crude.  More »

ConocoPhillips CEO calls for removing crude oil export ban

Removing the current ban on crude oil exports would lower consumer prices and stimulate further tight oil production, the chief executive officer of ConocoPhillips said at an energy conference Tuesday morning.  More »

Executives to Obama: Rejecting pipeline would threaten economy

More than 160 business executives on Thursday warned President Barack Obama that rejecting the Keystone XL pipeline would send a dangerous signal to investors and threaten U.S. economic growth.  More »

Production rise gives ConocoPhillips a strong second quarter

ConocoPhillips boosted its production more than expected, helping it post strong earnings for the second quarter of 2013.  More »

Climate change becoming top shareholder concern

Climate change concerns are becoming the biggest priority for shareholders, according to a study released by Ernst & Young on Tuesday morning.  More »

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 »

Amid oil boom, Saudi Aramco urges resilience

The chief executive of the world’s largest oil giant said Tuesday at the CERAWeek energy conference in Houston that he planned to invest heavily in renewable energy technology, even during a renaissance of fossil fuel production.  More »

ConocoPhillips chief sets new path, culture

After years of slimming down, ConocoPhillips is on an aggressive growth track under new Chief Executive Officer Ryan Lance. Watch his interview with FuelFix, as he lays out his blueprint for leading the nation’s largest oil producer to new heights.  More »

ConocoPhillips shares slide on profit drop, lower production outlook

ConocoPhillips shares slid Thursday after the oil and gas firm reported a nearly 58 percent drop in fourth-quarter profit and gave a muted outlook that projects total production for this year will be lower than 2012.  More »
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