conoco in A Sentence

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    The discounts are valid at any 76, Conoco, and Phillips 66 location.

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    He added that lawyers are also contacting Conoco to“reach a deal and negotiate.”.

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    Prosafe ExxonMobil BW Offshore Perenco Oceaneering Chevron Saipem Shell Conoco Phillips Blue Water Zaafarana BP.

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    Conoco's claims against Venezuela and state-run PDVSA in international courts have totalled $33 billion, the largest by any company.

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    Conoco's claims against Venezuela and state-run PDVSA in international courts have totaled $33 billion, the largest by any company.

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    Conoco tried to seize the inventory, but the dispute for missing storage fees between PDVSA and NuStar added complications to the case.

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    Following the Conoco acquisition, Chrysaor became operator of the Britannia and J-Block fields and also holds a 7.5 stake in the giant BP-operated Clair fieldBP.

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    Under the deal, Chrysaor will also assume around $1.8 billion in fields abandonment and dismantling costs, known as decommissioning, Conoco said in a separate statement.

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    Conoco said on Wednesday an international arbitration court ordered Venezuela's state-run oil company, PDVSA, to pay it $2.04 billion for early dissolution of two joint ventures.

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    Conoco kept its 2018 capital budget at $5.5 billion, but raised its production outlook slightly and now expects to pump 1.2 million to 1.24 million boe/d this year.

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    Conoco reported a profit of $888 million, or 75 cents per share, in the first quarter, compared with $586 million, or 47 cents per share, in the year-ago quarter.

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    Conoco's U.S. shale operations, which made money after losing cash for more than a year, are now profitable at oil prices under $45 per barrel, more than $20 below current levels.

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    Last week Conoco said it will market the North Sea assets including its holding in the Clair Field, west of the Shetland Islands, which produces around 21,000 barrels of oil a day.

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    Conoco said last week it will market the North Sea assets including its holding in the Clair Field, west of the Shetland Islands, which produces about 21,000 barrels of oil a day.

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    The state-run company"cannot comply with all the committed volume for exports" and the Conoco action imperils its ability to ship fuel oil to China or access inventories to be exported from Bonaire.

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    Conoco's U.S. shale operations, which made money after losing cash for more than a year, are now profitable at oil prices CLc1 under $45 per barrel, more than $20 below current levels.

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    Conoco on Wednesday said an international arbitration court ordered Venezuela''s state-run oil company, PDVSA, to pay it $2.04 billion for early dissolution of two joint ventures for producing oil in the OPEC-member country.

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    Conoco's actions also forced PDVSA to stop shipping oil on its own vessels to terminals in the Caribbean, and then onto refineries worldwide, to avoid the risk the cargoes would be seized in international waters or foreign ports.

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    In May, when Conoco started legal actions to seize PDVSA's assets on several islands where it rents or owns terminals and refineries, over 4 million barrels of Venezuelan heavy crude stored at Statia were temporarily retained under a court order.

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