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15.10.2019

Article

Conoco Phillips to Sell Interests in Australia-West for 1.39 Billion Dollars

Conoco Phillips will be selling its Australia-West business with operating interests in Darwin LNG, Bayu-Undan, Barossa and Poseidon to Santos. The company will also receive 75 million dollars once the final investment decision has been taken regarding the Barossa development pro...

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19.04.2019

Article

Conoco Phillips to Sell Two UK Subsidiaries for 2.675 Billion Dollars

The subsidiaries which indirectly hold Conoco Phillips’ exploration and production assets in the U.K. are being sold to Chrysaor E&P. Conoco Phillips also aims to retain its London-based commercial trading business and its 40.25 % interest in and operatorship of the Teesside ...

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12.03.2019

Article

Unlawful Expropriation of Conoco Phillips’ Oil Investments Leads Venezuela to Pay 8.7 Billion Dollars

The order has been given by the international arbitration tribunal constituted under the auspices of the International Centre for Settlement of Investment Disputes.

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01.11.2018

Article

Conoco Phillips Grants New Designations Post Retirement of Executive Leader

Matt Fox has been named as Executive Vice President and Chief Operating Officer whereas Don Wallette has been selected as Executive Vice President and Chief Financial Officer of Conoco Phillips.

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21.08.2018

Article

Conoco Signs 2 Billion Dollar Settlement Contract with Venezuelan State-Owned Oil Firm

Under the International Chamber of Commerce judgement, Pdvsa has agreed to make initial payments of 500 million dollars within 90 days. The pending amount is expected to be paid on a quarterly basis in the next 4.5 years.

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