ChemBriefConocoPhillips to Reduce Workforce in Canada
ConocoPhillips announced workforce reductions in Canada as part of restructuring following the Marathon Oil acquisition, though specific job numbers remain undisclosed.
reuters · 2026-10-26 10:59
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ConocoPhillips
33 articles
ConocoPhillips Plans Job Cuts in Canada for Second Straight Year
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
bloomberg · 2026-10-26 10:21
ConocoPhillips: Stability, Fair Fiscal Terms Needed in Venezuela, Russia for Investor Return
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
reuters · 2026-10-06 09:08
ConocoPhillips sees oil price floor rising to $70 a barrel, chairman says
ConocoPhillips Chairman Ryan Lance forecasts an oil price floor of $70 per barrel, noting resilient supply despite regional conflicts. He predicts US production could reach 14.5 million barrels daily,
reuters · 2026-10-05 02:35
ConocoPhillips Signs 20-Year LNG Deal with Venture Global
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
reuters · 2026-10-01 13:38
ConocoPhillips explores sale of Norway business and UK Teesside asset
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
reuters · 2026-10-01 01:58
New ConocoPhillips CEO Inherits $7 Billion Cash Flow Pledge Riding on Alaska Oil Project
ConocoPhillips appoints Andy O'Brien as new CEO, tasked with overseeing the critical Alaska Willow oil project to achieve a $7 billion free cash flow target by 2029 despite inflationary pressures.
reuters · 2026-08-10 03:06
ConocoPhillips says any Qatar LNG project delays likely limited to months
ConocoPhillips anticipates Qatar LNG project delays will be limited to months without impacting free cash flow, though regional tensions may tighten global supplies.
reuters · 2026-08-06 11:01
ConocoPhillips Appoints Andy O'Brien as CEO
ConocoPhillips has appointed finance chief Andy O'Brien as its new CEO, succeeding Ryan Lance effective September 1, following Lance's decade-long tenure leading the U.S. oil producer.
reuters · 2026-08-06 05:28
ConocoPhillips Completes $1.7 Billion Asset Sale, Hits Divestiture Target Early
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
reuters · 2026-08-06 04:53
ConocoPhillips Says CEO Lance to Retire, Replaced by CFO O’Brien
ConocoPhillips announced CEO Ryan Lance will retire and be succeeded by CFO Andy O'Brien on September 1, with Lance becoming executive chair. Following the announcement, shares rose 1% in pre-market t
bloomberg · 2026-08-06 04:27
ConocoPhillips CEO Lance to retire, finance chief to take helm
ConocoPhillips CEO Ryan Lance will retire after 14 years, succeeded by CFO Andy O'Brien on September 1. The major oil producer also posted Q2 adjusted profits of $3.24 per share, beating analyst estim
reuters · 2026-08-06 04:06
Iraq to Sign Agreement with Syria on Building of Oil Pipelines
Iraq will sign an agreement with Syria to build oil pipelines linking production sites to Mediterranean export markets. The cabinet also authorized discussions with a consortium including ConocoPhilli
bloomberg · 2026-07-25 16:34
BP and ConocoPhillips Partner to Develop Giant Kirkuk Oil Field
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
ccin · 2026-07-22 00:00
Western Oil Companies See 'Fantastic' Future in Iraq, Sign Agreements
Major Western energy firms including Chevron, BP, and ConocoPhillips signed over $60 billion in agreements with Iraq to develop oilfields and pipelines, aiming to bypass the Strait of Hormuz.
reuters · 2026-07-17 12:44
ConocoPhillips to buy 42% stake in BP unit tied to Iraq's Kirkuk oilfields
ConocoPhillips agreed to acquire a 42% stake in BP's Kirkuk oilfield unit, facilitating redevelopment of four fields with over 3 billion barrels of recoverable resources.
reuters · 2026-07-17 04:05
BP, ConocoPhillips Partner in One of Iraq’s Oldest Oilfields
BP and ConocoPhillips announced a partnership to redevelop Iraq's Kirkuk oil fields, targeting over 3 billion barrels of oil equivalent. This deal marks ConocoPhillips' return to Iraq after a decade-l
bloomberg · 2026-07-17 04:00
BP, ConocoPhillips to Back Iraq with Major Investments, CNBC Reports
BP and ConocoPhillips plan to announce billions in new investments in Iraq's energy sector at the U.S.-Iraq Business Summit. The initiative aims to bolster regional energy security and reduce reliance
reuters · 2026-07-17 01:06
ConocoPhillips Signs Syria Natural Gas Development Agreement
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
ccin · 2026-06-22 00:00
Syria Signs Deal with ConocoPhillips, Novaterra to Revive Gas Production
Syria's state oil firm partnered with ConocoPhillips and Novaterra to restore natural gas production following civil war damage. The deal targets increasing daily output by 4-5 million cubic meters wi
reuters · 2026-06-16 08:36
ConocoPhillips set to sign deal with Syria to revive gas production, FT reports
ConocoPhillips plans to sign a deal with Syria's new government to revive gas production alongside Novaterra Energy. The project aims to develop existing fields and explore new reserves to attract for
reuters · 2026-06-15 15:01
Wildfires Near Alberta Oil Sands Controlled After Rainfall
Wildfires near Alberta's oil sands have been brought under control following heavy rainfall, with major operators like ConocoPhillips reporting no direct operational impacts despite proximity to signi
bloomberg · 2026-06-01 11:32
Chevron Shareholders Reject Proposal for Independent Board Chair
Chevron shareholders rejected a proposal requiring an independent board chair separate from the CEO role, aligning with management's recommendation. This follows a similar outcome at ConocoPhillips ea
reuters · 2026-05-27 06:36
Exxon, ConocoPhillips Seek Safeguards to Return to Venezuela
Exxon Mobil and ConocoPhillips are negotiating with Venezuela's government to re-enter the country's oil sector, seeking contract safeguards and debt resolution amidst geopolitical shifts and high cru
bloomberg · 2026-05-26 10:04
ConocoPhillips Says Venezuela’s Bid to Woo Oil Firms Falls Short
ConocoPhillips CEO Ryan Lance criticized Venezuela's revised oil laws as uncompetitive due to excessive government levies hindering foreign investment. US officials are urging Venezuela to adjust poli
bloomberg · 2026-05-21 04:00
ConocoPhillips expects Qatar gas JVs delays of months, not years
ConocoPhillips forecasts months rather than years of delays for its Qatar LNG joint ventures despite regional security risks. The firm plans to expand Qatar's production capacity significantly while a
reuters · 2026-05-19 05:45
Alaska LNG secures supply deal with ConocoPhillips for pipeline project
Alaska LNG secured a 30-year natural gas supply deal with ConocoPhillips, enabling a final investment decision for its Phase One pipeline project to meet state needs. Agreements are now in place with
reuters · 2026-05-18 04:29
Trump Administration Aims to Speed Oil Permitting in Alaska
The Trump administration plans to streamline oil permitting in Alaska's National Petroleum Reserve, potentially approving projects in 30 days. This initiative aims to boost US crude production and low
bloomberg · 2026-05-15 11:34
TotalEnergies, QatarEnergy and ConocoPhillips sign deal to review offshore block in Syria
TotalEnergies, QatarEnergy, and ConocoPhillips signed an MoU with Syria's Petroleum Company to review offshore Block 3, signaling renewed foreign investment interest in the region's energy sector.
reuters · 2026-05-12 05:32
ConocoPhillips cuts annual production targets as Iran war disrupts operations
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
reuters · 2026-04-30 04:06