Latest news
ConocoPhillips to sell UK oil and gas business for $2.68bn
US energy giant ConocoPhillips is selling its oil and gas business in the UK to Chrysaor Holdings in a deal worth $2.68 billion (£2bn).
read more... 19/04/2019
Chevron launches production at Alder gas field in North Sea
U.S. oil major Chevron and its co-owner of the field, ConocoPhillips have started yesterday production on one of the oldest North Sea gas discoveries, at the Alder gas condensate field in the Central North Sea.
read more... 09/11/2016
Conoco the last global oil firm to abandon Polish shale gas
ConocoPhillips, the U.S. energy firm, declared on Friday it has ceased its shale gas exploration in Poland because of unsatisfactory results, leaving the rest of the field to Polish state-run companies.
read more... 08/06/2015
US authorises limited crude oil exports to Europe
The U.S. government has approved some new licenses to export crude oil to Europe for the first time after the country banned crude exports following the oil shocks of the 1970s. In December last year, Exxon Mobil Corp. joined Royal Dutch Shell and ConocoPhillips in publicly urging a repeal of the 1970s era federal law that strictly limits exports of domestic oil.
read more... 05/02/2014
Eni to abandon shale gas projects in Poland
Italian energy firm Eni intends to abandon its shale gas projects in Poland due to unclear regulation and difficult geology, the same concerns that have already pushed other foreign firms as Marathon Oil, Talisman Energy and Exxon Mobil, to quit Polish shale. If Eni will leave as well, Chevron and ConocoPhillips would be the last two companies committed to a shale gas industry in Poland.
read more... 15/01/2014