Latest ConocoPhillips News

California lawsuit says oil giants deceived public on climate, seeks funds for storm damage

Sep. 16, 2023 20:57 PM EDT

LOS ANGELES (AP) — The state of California filed a lawsuit against some of the world’s largest oil and gas companies, claiming they deceived the public about the risks of fossil fuels now faulted for climate change-related storms and wildfires that caused billions of dollars in damage,...

ConocoPhillips: Q2 Earnings Snapshot

Aug. 03, 2023 07:18 AM EDT

HOUSTON (AP) — HOUSTON (AP) — ConocoPhillips (COP) on Thursday reported second-quarter profit of $2.23 billion. On a per-share basis, the Houston-based company said it had net income of $1.84. The results fell short of Wall Street expectations. The average estimate...

ConocoPhillips faces potential $914,000 fine over Alaska gas blowout, leak

Jun. 29, 2023 15:14 PM EDT

ANCHORAGE, Alaska (AP) — ConocoPhillips Alaska faces a potential $914,000 fine over what a state regulatory agency called a “shallow underground blowout” of a well that released natural gas at the company's Alpine field on Alaska's petroleum-rich North Slope last year. An...