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MONDAY, NOVEMBER 23, 2009
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NEWS ABOUT: ConocoPhillips

ConocoPhillips stories: 8 news summaries

 Economy May Tank 
 Palin's $30B Pipeline 

Governor's much-touted initiative could be derailed as gas, oil prices fall

(Newser) - A sour economy and tumbling oil prices might sink Sarah Palin’s oft-touted Alaskan natural-gas pipeline, the Wall Street Journal reports. Low prices and increased natural-gas production in the lower 48 are causing energy companies to reconsider the $30 billion project. Without the revenue-generating pipeline, Alaskans who depend on the... More »

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oil Alaska Exxon ConocoPhillips natural gas gas pipelines Sarah Palin economic downturn

 Guess What Oil Execs Make  

Industry bigwigs are grilled by the Senate

(Newser) - Big Oil executives today were grilled by the Senate on soaring prices, and Sen. Patrick Leahy asked for their salaries, the AP reports. Here's what they said:
  • J. Stephen Simon, Exxon: $12.5 millon.
  • John Lowe, ConocoPhillips: Did not recall
  • Peter Robertson, Chevron: Did not recall.
  • John
... More »

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Exxon Shell Chevron ConocoPhillips Patrick Leahy oil companies

 Wal-Mart Tops Fortune 500 

Exxon Mobil repeats 2007 performance, finishes second

(Newser) - Wal-Mart nosed out Exxon Mobil for the second consecutive year to land atop the 2008 Fortune 500, with $37.7 billion in revenues, the magazine said today. In profits, the oil company far outstripped the megaretailer. Three of the top 5 on the list were oil companies, the AP reports.... More »

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Chevron ConocoPhillips Citigroup Bank of America General Motors General Electric ExxonMobil Fortune 500 Ford Wal-Mart AT&T

House Passes Bill to Halt Big Oil Tax Breaks

Veto threat as Republicans call it industry discrimination

(Newser) - Millions of dollars in tax breaks enjoyed by the top five oil companies would be rescinded under an $18 billion tax package which cleared the House of Representatives yesterday. The money saved would be plowed into creating alternative sustainable energy sources. It represents just a penny a gallon to the... More »

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oil Exxon Chevron ConocoPhillips BP ExxonMobil gas prices tax breaks $100 a barrel oil foreign oil corporate tax cuts Conoco

Venezuelan Prez
Threatens to Cut Off US Oil

If Exxon wins court action seeking assets, Chavez vows revenge

(Newser) - Venezuelan President Hugo Chavez is threatening to cut off US oil supplies if Exxon Mobil wins a court ruling to seize billions of dollars in Venezuelan assets, AP reports. The Texas-based oil giant has challenged Venezuela’s efforts to nationalize a multi-billion-dollar oil project, and the fiery leader promised an... More »

Exxon, Conoco
Pull Out
of Venezuela

Firms reject Chavez demand for 60% stake in future projects

(Newser) - ExxonMobil and ConocoPhillips are bolting from lucrative operations in Venezuela in the wake of Hugo Chavez's demand that his state-run oil company receive at least a 60% share in projects. Talks over compensation fell apart hours before today's deadline to determine the future of four projects that produce as much... More »

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oil Venezuela gas ConocoPhillips ExxonMobil nationalization Orinoco reserve Hugo Chávez

Chicken Fat Doubles as Diesel

Tyson, ConocoPhillips team up to produce biofuels

(Newser) - Two corporate giants are teaming up to produce biofuels and boost their bottom lines. Tyson Foods, the world's biggest meat producer, and third-largest U.S. oil company ConocoPhillips will be using about half of Tyson's animal fat to make a renewable diesel fuel, which will account for about 3% of... More »

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oil environmentalism ConocoPhillips Tyson Foods biofuel diesel animal fat biodiesel

Conoco Calls For Emissions Cap

First American oil company to support  nationwide ceiling

(Newser) - ConocoPhillips is the first American oil company to advocate a U.S. emissions cap, positioning itself to help shape potential federal legislation. Acknowledging that fossil fuels contribute to global warming, the company joined a group of corporations drawing up a plan for a nationwide ceiling. More »

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environment oil global warming ConocoPhillips US Climate Action Partnership fossil fuel carbon emissions

8 Stories