ConocoPhillips News

Rolled out at the top of the year , ConocoPhillips' reformulated premium synthetic blend API CJ-4 heavy-duty motor oil, which is marketed under both Guardol and Kendall band names, has been proving the value of its proprietary Liquid Titanium additive in fleet service, according to the oil supplier.

DHAKA: The signing of the Production Sharing Contract under the 3rd round bidding hangs in the balance as the US based ConocoPhillips, which was awarded only two blocks although they were competing in eight blocks, recently informed the government that it wants to sign the PSC on all the eight blocks.

Although one company doesn't represent a whole industry, a shrink-to-grow strategy adopted by ConocoPhillips illustrates pressures on the biggest operators in a world of shrinking opportunity.

Exxon, partnering with Royal Dutch Shell, beat LUKoil - which had teamed up with No.

In June many of the world's biggest energy companies walked away from bidding on potentially rich oil fields in Iraq.

Over the course of this week, a number of energy and oil stocks will be reporting earnings.

ConocoPhillips expects to start drilling a wildcat well in Newfoundland and Labrador waters before the end of November.

ConocoPhillips said Wednesday that its third-quarter net income dropped 71% to $1.5 billion, or $1.00 a share, from $5.2 billion, or $3.39 a share, in the year-ago period.

ConocoPhillips ' third-quarter earnings took a 71 percent hit on lower natural gas prices.

ConocoPhillips, the third-largest U.S. oil company, has announced plans to sell assets worth at least $10 billion to cut debt and shore up its balance sheet.

ConocoPhillips : Highlights Third-quarter earnings of $1.5 billion, or $1.00 per share, a decrease of 71 percent, compared with the same period in 2008 E&P production up more than 5 percent year to date, with international crude oil projects adding approximately 130,000 BOE per day Ramp up of SAGD oil sands projects with quarterly production of ...

Filed under: Forecasts , Products and services , Competitive strategy , General Electric , Berkshire Hathaway , ConocoPhillips , Goldman Sachs Group The housing bubble and subsequent "Great Recession" have tarnished the stars of a good many of the world's financial wizards, such as the former heads at Lehman Bros.

ConocoPhillips CEO James Mulva signaled a dramatic shift in course for the nation's third-largest oil company Wednesday, saying that after years of bulking up through acquisitions, it now is focused on being a smaller, leaner business that takes better care of its shareholders.

Ilya the wayward manatee has arrived at his new home in Florida after being rescued from murky waters near a New Jersey oil refinery.

Imperial Oil Ltd. is tight-lipped on whether it plans to increase its ownership stake in the Syncrude Canada Ltd.

Oct. 28 -- Bloomberg's Adam Johnson and Erik Schatzker report on the outlook for gasoline prices as refining margins at companies like ConocoPhillips decline.

Royal Dutch Shell Plc and Exxon Mobil Corp., the worlda s biggest oil companies, posted their lowest third-quarter profits in six years after the recession eroded energy demand, pulling down fuel prices.

The following stocks were among those that moved substantially or traded heavily Wednesday on the New York Stock Exchange: NYSE: Verizon Communications Inc., up 75 cents at $29.95 Verizon Wireless' Droid will go on sale for $200 next week as the company taps into the growing appetite for smart phones.

BP , the new star of Big Oil , has kicked off the group's latest slate of earnings.

ConocoPhillips on Wednesday said its third-quarter earning fell 71% from the days of $100-a-barrel oil last year, while production remained flat as the third-largest U.S.-based oil company shut down part of its massive Ekofisk platform in the North Sea during the period and scaled back its natural gas output.