ConocoPhillips announced job cuts in its Canadian operations for the second consecutive year, impacting staff and contractors. This restructuring occurs alongside expectations for significant growth i
ConocoPhillips' chief economist stated that Venezuela's oil industry recovery could take a decade and billions in investment. She emphasized that real stability and reasonable fiscal terms are essenti
ConocoPhillips and Venture Global signed a 20-year LNG supply agreement for 1 million tonnes annually starting in 2030. The deal bolsters ConocoPhillips' portfolio amid geopolitical tensions affecting
ConocoPhillips is evaluating an unsolicited offer to sell its Norway business and UK Teesside asset to optimize its portfolio. The company will retain the assets if the offer fails to meet its value e
ConocoPhillips anticipates Qatar LNG project delays will be limited to months without impacting free cash flow, though regional tensions may tighten global supplies.
ConocoPhillips has completed $1.7 billion in asset sales, surpassing its $5 billion divestiture target ahead of schedule. Alongside better-than-expected Q2 profits, the company announced CEO Ryan Lanc
BP and ConocoPhillips signed an agreement for Conoco to acquire 42% of BP's Kirkuk subsidiary, investing $25 billion to optimize four major Iraqi oil fields. This deal marks ConocoPhillips' return to
ConocoPhillips signed an agreement with Syria National Gas Company to develop oil and gas fields, aiming to boost daily production by 4.5-5 million cubic meters. Major international energy firms are e
ConocoPhillips lowered its 2026 production guidance and excluded Qatar LNG volumes following Middle East conflict disruptions. The company increased its capital budget by $250 million, causing shares
ConocoPhillips is exploring the sale of roughly $2 billion in Permian Basin assets acquired from Concho Resources and Shell. This divestiture supports portfolio optimization following its $17 billion
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