ConocoPhillips News

Texans help explain the 3.3 percent growth of leisure and hospitality wage jobs over the past year, say hospitality executives.

The most prolific oil company in the state is permitting a 24-well drilling pad, an access road and a gravel mine, as well as associated pipelines and power lines, at the oil field in the southwest corner of its Kuparuk River unit.

The explosive growth of oil and gas production in the U.S. is enough to pique the interest of any investor.

The U.S. Energy Department conditionally approved the Freeport LNG project in Texas to export natural gas to countries that don't have free-trade agreements with the U.S. The development, which is partly owned by ConocoPhillips , Dow Chemical Co.

The new 2013 Fortune 500 is out, and Texas companies - many of them oil and gas-related - took 52 spots on the prestigious ranked-by-revenue list.

Texans help explain the 3.3 percent growth of leisure and hospitality wage jobs over the past year, say hospitality executives.

Workers tend to a well head during a hydraulic fracturing operation at a gas well outside Rifle, in western Colorado.

"As a company we recognize the impact that humans are having on the environment and that CO2 is having an impact on what's happening in the climate," Lance said, adding that ConocoPhillips is committed to reducing its carbon footprint.

ConocoPhillips announced in March that it would suspend new drilling in the San Juan Basin because of the price of natural gas.

The first Phillips 66 Marketing Conference & Trade Show will bring together Phillips 66 Lubricants, Phillips 66 Motor Fuels Marketing and Phillips 66 Aviation for the first time ever.

ConocoPhillips announced a quarterly dividend on Tuesday, May 14th, ARN reports.

These days, the trend of spinning off operations and becoming focused on a few specific parts of the business is perceived to offer more value for all stakeholders involved.

ConocoPhillips Chief Executive Ryan Lance told shareholders at the company's annual meeting Tuesday that the company's long-awaited production growth rebound will begin by the end of this year.

Erin is a member of The Motley Fool Blog Network -- entries represent the personal opinion of the blogger and are not formally edited.

It's something many have heard but few understand. You might know that a Fortune 500 company is a giant of American business, but how are these companies selected? There is plenty of fascinating information about the Fortune 500 list.

Far East Energy Corp . said Monday it has appointed Jennifer Whitley as CFO to succeed Bruce Huff , who told the company on May 7 he was resigning for medical reasons.

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Contributed photo From left, U.S. Rep. Ruben Hinojosa District Representative Mark Gonzales, ConocoPhillips representatives Keith Kucher and Randy Black, County Judge Barbara Shaw and Karnes City Fire Chief Charlie Malik pose together for a photo during the May 2 groundbreaking ceremony in celebration of the beginning of construction of ... (more)

ConocoPhillips Alaska Inc. is farming-out the rights to develop the deep oil prospects at its North Cook Inlet unit to Buccaneer Energy Ltd., the companies announced May 6. The deal requires Buccaneer to use its jack-up drilling rig to spud two wells at the legacy offshore natural gas field.

Vitol Group, based in Switzerland, has agreed to buy out the entire share capital of Phillips 66 Power Operations Ltd, owner of Immingham Combined Heat and Power Plant one of the largest of its type in Europe for an undisclosed sum.