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News about ConocoPhillips
BP discovers “giant” oil field in Gulf of MexicoOil company British Petroleum (BP) on September 2 announced the discovery of a giant new oil field in the Gulf of Mexico in what it described as one of the deepest wells ever drilled in Gadhafi’s oil and gas deals, send in the clown  Libyan leader Colonel Moammar Gadhafi attended “tacky” celebrations in Tripoli last week marking the 40th anniversary of the coup that brought him to power - and the world was watching. While some of his habits LUKoil net profit drops on lower prices Russian oil major LUKoil Holdings on August 28 said second-quarter net profit dropped 44 percent on the year as oil prices fell, but beat expectations due to higher downstream sales and lower taxes, Dow Jones The Kazakhstan Oil Rush  Last week in Astana the members of the Kazakhstan parliament once again expressed their disappointment with foreign investors, preferring to bring in the republic shirts and aluminium trays with a price tag of several thousand Gas deal signed for Nursultan US major ConocoPhillips, Kazakhstan’s state-owned KazMunaiGaz and the UAE’s Mubadala Development Company have signed project agreements for the joint exploration and development of a major new offshore field in the Kazakh section of the Caspian Idenov: Block “N” key deal for Kazakhstan  Last week, in Astana, an agreement on development of one of the most promising blocks in the Kazakhstan sector of the Caspian shelf, Block “N”, was signed. The specialists regard this event as a landmark Offshore and onshore projects in tandem with KazMunaiGaz  Kazakhstan has just had an event that started a new stage in the development of the oil industry. For the first time, the local investors, who had long aspired to develop the Caspian shelf, have The creation of a new operating company rules out operatorship in Kashagan  The government of Kazakhstan and the consortium AGIP KCO have recently signed in Astana agreements that dot the I’s and cross the T’s in the difficult negotiations on Kashagan that lasted almost a year and Kazakhstan, ENI-led consortium sign final Kashagan deal  After months of tense negotiations, Kazakhstan and a group of Western oil majors developing the massive Kashagan oilfield signed a revised agreement on the future of the longdelayed project on October 31. The final deal Gazprom, ConocoPhillips discuss Alaska projects  Despite Alaska Governor Sarah Palin’s warnings against Russia’s resurgence while campaigning to become vice president, Russian gas giant Gazprom said on October 15 that it offered to help Alaska increase gas supplies to the US Russian govt plans more oil tax cuts for 2010  While the Russian stock market was suspended, Russian government officials put together a plan that would help increase investment in the Russian oil sector. Kremlin economic advisor Arkady Dvork ovich said on September 19 said Germany launches inquiry against petroleum firms Germany’s anti-monopoly watchdog, the Federal Cartel Office,launched an inquiry on May 28 into motor-fuel companies toestablish whether there were any “distortions” to free competitionin the sector. The sectoral study responds to outrage amongGerman motorists that German consumers rattled by petrol price spike German consumer confidence has taken a knock from a spurt in motor-fuel prices, according to the monthly GfK index issued by the country’s leading private marketresearch company. The sentiment data contrasted with first-quarter gross-domestic product Venezuela-ExxonMobil fight propels crude oil price  Announcements by US Federal Reserve Chairman Ben Bernanke that the economy will slow down in coming months and the uncertain future of the equity markets were not sufficient on February 14 to prevent another rise ConocoPhillips expects LUKoil net to rise 17% ConocoPhillips, which holds a 20 percent stake in LUKoil, estimates 2007 net income from its investment in the Russian oil major at USD 1.818 billion, ConocoPhillips said in its financial report. ConocoPhillips calculated its share No final agreement yet on Kashagan oil field International investors taking part in the Agip KCO signed a memorandum on December 21 on the continuation of talks on the Kashagan project, a source with the KazMunaiGaz company told Interfax. “A memorandum on further Dutch ambassador calls for stable investment climate  The Netherlands, whose company Royal Dutch Shell is involved in a dispute with Kazakhstan over the giant Kashagan oil field in the Caspian Sea, hopes the Central Asian state will maintain a predictable investment climate. LUKoil, ConocoPhilips to revive West Qurna-2  Increased costs in the 10 years since signing the contract to the West Qurna-2 field in Iraq have prompted Russian oil major LUKoil and its US partner ConocoPhilips to prepare supplements to the stalled project, EU, US oil firms’ uneasy gamble in Northern Iraq  Foreign oil companies jockeying for position in Northern Iraq are taking a great risk signing contracts with Iraq's Kurdish Regional Government (KRG), given Turkey’s ongoing conflict with the Kurdish rebels and Iraqi Oil Minister Hussein ExxonMobil wants to become Kashagan field operator  US energy giant ExxonMobil is seeking to become the operator of the project to develop Kazakhstan's Kashagan offshore Caspian oil field, whose oil reserves are put at a minimum of seven billion barrels and its |
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China is presenting its ascent not as a power shift, but as a paradigm shift. The worldwide economic recession has had European Union businesses keenly eyeing China for continuing markets, Showing there is still some major differences between the European Union and China in areas |
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