(Adds details on fire, updates Athabasca, Nexen, Suncor, Statoil, ConocoPhillips) May 24 Oil companies are restarting operations and evacuation orders for work camps are being lifted near Fort McMurray, Alberta, as wildfires burning around the Canadian oil sands hub for most of May have stopped growing, officials said. The shutdown at major oil sites as a result of the wildfires has cut daily production by more than 1 million barrels, officials said. About half of the nati
NEW YORK, May 23 A New York energy investor has been indicted for engaging in a multiyear scheme to evade paying over $45 million in taxes in connection with the sale of an oil company and the purchase of paintings by European artists, U.S. prosecutors said on Monday.
HOUSTON, May 10 ConocoPhillips has looked at using derivatives to lock in oil prices in a volatile market, including so-called floors to guard against any new price drops, but Chief Executive Ryan Lance said on Tuesday the company is too big to hedge all of its output.
* ConocoPhillips downgraded to 'A-' from 'A', outlook negative; short-term and unsecured debt ratings also lowered
* Chief Executive Ryan Lance says expects decline rate to 'moderate' over next few years
April 28 ConocoPhillips, the largest U.S. independent oil company, on Thursday reported a quarterly loss after a year-earlier profit and slashed its 2016 budget for the second time this year, its latest response to the slump in crude prices.
April 28 ConocoPhillips, the largest U.S. independent oil company, reported a quarterly loss, compared with a year-earlier profit, and further lowered its 2016 budget as the slump in crude prices sapped profitability.
By David Randall NEW YORK, April 18 After several false starts over the last two years, U.S. fund managers are betting that energy stocks have finally hit bottom. Firms including T. Rowe Price, Fidelity, and American Funds have been adding shares of exploration and production companies that they say have the most to gain from oil prices stabilizing. The price of oil fell from $115 a barrel to $27.88 between June 2014 and January of this year, yet is up more than 50 percent s
* Says ceo r.m. Lance's fy 2015 total compensation $21.3 million versus $27.6 million in fy 2014 - sec filing
* On March 18, 2016, ConocoPhillips entered into a term loan agreement
|Royal Dutch Shell Plc (RDSa.AS)||€22.45||+0.51|
|Royal Dutch Shell Plc (RDSb.L)||1,696.50p||+35.00|
|Exxon Mobil Corporation (XOM.N)||$90.27||+0.60|
|BP plc (BP.L)||366.00p||+8.20|
|BP plc (BP_p.L)||144.50p||0.00|
|BP plc (BP_pb.L)||157.00p||0.00|
|Total SA (TOTF.PA)||€44.07||+0.95|
|Chevron Corporation (CVX.N)||$101.86||+1.67|
|Valero Energy Corporation (VLO.N)||$54.67||-0.68|
|Valero Energy Corporation (VLONP.PK)||--||--|