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ConocoPhillips to launch US asset sale

2015-04-14 00:24:00| Energy - Topix.net

New York: ConocoPhillips is preparing the sale of non-core oil and gas producing acreage in the United States, in the latest sign that oil majors are becoming more accepting of lower oil prices, according to people familiar with the matter. While the world's oil and gas companies have been looking to buy assets on the cheap since oil prices plummeted, epitomised by Royal Dutch Shell Plc's agreement earlier this month to buy BG Group Plc for $70bn, they have been reluctant to sell assets in case oil prices recover and they can fetch more.

Tags: sale launch asset conocophillips

 

Exclusive: ConocoPhillips to launch U.S. asset sales - sources

2015-04-13 18:49:16| Oil & Gas - Topix.net

ConocoPhillips is preparing the sale of noncore oil and gas producing acreage in the United States, in the latest sign that oil majors are becoming more accepting of lower oil prices, according to people familiar with the matter. While the world's oil and gas companies have been looking to buy assets on the cheap since oil prices plummeted, epitomized by Royal Dutch Shell Plc's agreement earlier this month to buy BG Group Plc for $70 billion, they have been reluctant to sell assets in case oil prices recover and they can fetch more.

Tags: sales sources exclusive launch

 
 

ConocoPhillips estimates Bartlesville layoffs at less than 4 percent of workforce

2015-04-02 00:25:00| Energy - Topix.net

Houston-based oil and gas giant ConocoPhillips, which confirmed a round of layoffs beginning this week , has estimated that its reduction in Bartlesville will be less than four percent. On Wednesday, a ConocoPhillips spokesman added to the company's earlier statement, which did not include numbers.

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ConocoPhillips estimates Bartlesville layoffs at less than 4 percent of workforce

2015-04-02 00:13:17| Oil & Gas - Topix.net

Houston-based oil and gas giant ConocoPhillips, which confirmed a round of layoffs beginning this week , has estimated that its reduction in Bartlesville will be less than four percent. On Wednesday, a ConocoPhillips spokesman added to the company's earlier statement, which did not include numbers.

Tags: of percent estimates workforce

 

Job cuts at Talisman, ConocoPhillips in Calgary as crude doldrums continue

2015-03-19 01:37:21| Energy - Topix.net

Talisman, which is set to be taken over by Spain's Repsol SA in the coming months, is reducing its workforce by 10 to 15 per cent, mostly at its Calgary head office. That amounts to between 150 and 200 jobs - both contractors and employees.

Tags: continue job cuts calgary

 

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