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GE, NRG, ConocoPhillips Venture Winding Down, Shows Mixed Results

2014-12-25 08:15:24| Oil & Gas - Topix.net

A joint venture launched nearly four years ago by a trio of major industrial and power companies is done making new investments, with fewer deals made than anticipated and no word on how much was actually invested. teamed up to create an unusual joint venture aimed at investing $300 million in clean-technology startups.

Tags: results shows mixed venture

 

GE, NRG, ConocoPhillips Venture Winding Down, Shows Mixed Results

2014-12-25 07:03:56| Energy - Topix.net

A joint venture launched nearly four years ago by a trio of major industrial and power companies is done making new investments, with fewer deals made than anticipated and no word on how much was actually invested. teamed up to create an unusual joint venture aimed at investing $300 million in clean-technology startups.

Tags: results shows mixed venture

 
 

Analyst Update: ConocoPhillips, Exxon Mobil Corporation, and United States Steel Corporation

2014-12-10 10:33:34| Steel - Topix.net

Flagging crude prices have weighed on energy stocks for some time, and COP is no exception. The shares are off 0.6% today at $64.63, and down 8.5% year-to-date.

Tags: united states united states update

 

ConocoPhillips cuts budget 20 percent amid lower oil prices

2014-12-08 20:28:24| Energy - Topix.net

Amid falling oil prices, ConocoPhillips said Dec. 8 its capital budget for 2015 is $13.5 billion, down about 20 percent from its 2014 budget of $16.7 billion . The Houston-based company said the decrease reflects reduced spending on major projects, several of which are nearing completion, and deferred spending on North American unconventional plays.

Tags: prices lower percent oil

 

ConocoPhillips cuts budget 20 percent amid lower oil prices

2014-12-08 19:49:19| Oil & Gas - Topix.net

Amid falling oil prices, ConocoPhillips said Dec. 8 its capital budget for 2015 is $13.5 billion, down about 20 percent from its 2014 budget of $16.7 billion . The Houston-based company said the decrease reflects reduced spending on major projects, several of which are nearing completion, and deferred spending on North American unconventional plays.

Tags: prices lower percent oil

 

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