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Conoco to recover $2B in agreement with Venezuela

ConocoPhillips said it will receive $2 billion in a settlement with Petroleos de Venezuela SA, ending a dispute that’s severely crippled Venezuela’s ability to export the...

ConocoPhillips sells Barnett shale play for $230M

ConocoPhillips announced on Thursday, August 2, 2018 that it has entered into an agreement to sell its interests in the Barnett shale play to...

Curacao court authorizes ConocoPhillips to seize $636M in PDVSA assets

A Curacao court has authorized ConocoPhillips to seize about $636 million in assets belonging to Venezuela's state oil company PDVSA due to the 2007 nationalization of...

Conoco moves to take over Venezuelan PDVSA’s Caribbean assets

(Reuters) - U.S. oil firm ConocoPhillips (COP.N) has moved to take Caribbean assets of Venezuela’s state-run PDVSA to enforce a $2 billion arbitration award...

ConocoPhillips aims to plug $5.5 billion/year in capital projects

(Reuters) - ConocoPhillips (COP.N), the largest U.S. independent oil and natural gas producer, said on Wednesday it will spend an average of $5.5 billion...

Top oilfield services firms signal fourth-quarter uncertainty

(Reuters) - The world’s top two oilfield service firms on Friday warned slower producer spending and weakness in offshore exploration may weigh on current-quarter...