Latest ConocoPhillips News

BP, Hilcorp say they've closed part of Alaska oil, gas deal

Jul. 1, 2020 2:32 PM EDT

JUNEAU, Alaska (AP) — BP announced Wednesday it has closed part of its planned $5.6 billion sale of assets and operations in Alaska to Hilcorp, including the transfer of leases in the Prudhoe Bay oil field and Point Thomson gas field. William Lin, an executive vice president for BP, in a statement called...

Elderly residents wearing masks to curb the spread of the coronavirus wait at a bus stop with a map of Beijing near a neighborhood under lockdown in Beijing Tuesday, June 16, 2020. Chinese authorities locked down a third neighborhood in Beijing on Tuesday as they rushed to prevent the spread of a new coronavirus outbreak that has infected more than 100 people in a country that appeared to have largely contained the virus. (AP Photo/Ng Han Guan)

The Latest: New Zealand PM assigns military leader to border

Jun. 16, 2020 10:59 PM EDT

WELLINGTON, New Zealand — New Zealand Prime Minister Jacinda Ardern has assigned a top military leader to oversee the nation’s border quarantine measures after what she described as an “unacceptable failure” by health officials in allowing two women who had recently returned from...

ConocoPhillips to resume normal production in July in Alaska

Jun. 16, 2020 1:30 PM EDT

JUNEAU, Alaska (AP) — ConocoPhillips plans to resume normal production operations on Alaska's North Slope in July, a spokesperson said, after a reduction this month that the company attributed to low prices and a global oversupply of oil. Natalie Lowman, a spokesperson for ConocoPhillips Alaska, said the...

FILE - In this March 9, 2010, file photo a tanker truck passes the Chevron oil refinery in Richmond, Calif. A federal appeals court ruled Tuesday, May 26 against major oil companies in lawsuits brought by California cities and counties seeking damages for the impact of climate change. A panel of the 9th U.S. Circuit Court of Appeals said state courts are the proper forum for the lawsuits alleging that Big Oil promoted petroleum as environmentally responsible when producers knew it was causing damage. (AP Photo/Paul Sakuma, File)

Big Oil loses appeal, climate suits go to California courts

May. 26, 2020 7:40 PM EDT

LOS ANGELES (AP) — Big Oil lost a pair of court battles Tuesday that could lead to trials in lawsuits by California cities and counties seeking damages for the impact of climate change. The 9th U.S. Circuit Court of Appeals rejected arguments by energy companies and ruled state courts are the proper forum...

Alaska LNG Project receives federal regulatory approval

May. 22, 2020 9:48 AM EDT

ANCHORAGE, Alaska (AP) — The Federal Energy Regulatory Commission issued a decision authorizing construction of the Alaska LNG Project, concluding an environmental impact statement process of more than three years. The commission announced Thursday it approved the state's plans for the estimated $43...