A company that uses solar energy to recover crude has scored financing from some big oil players, highlighting a growing niche of exploration.» Read More
BP PLC rose$. 46 or 1.0 percent, to $46.35. ConocoPhillips rose $1.69 or 2.1 percent, to $81.09. Exxon Mobil Corp. rose $1.61 or 1.7 percent, to $97.90.
BP PLC fell$. 02 or percent, to $45.87. ConocoPhillips rose$. 76 or 1.0 percent, to $80.16. Exxon Mobil Corp. rose$. 70 or. 7 percent, to $96.99.
BEIJING— The Chinese exploration rig at the center of a tense maritime standoff with Vietnam earlier this year has made its first deep sea gas discovery in the politically volatile South China Sea, state media announced Tuesday. The find by CNOOC's two-year-old, $1 billion deep sea rig is about 150 kilometers south of China's southernmost island of Hainan.
Sept 15- ConocoPhillips, the largest U.S. independent oil and gas company, is preparing to auction its 24 percent stake in the Clair oilfield in the United Kingdom, the Financial Times reported on Monday. The oilfield has an estimated 8 billion barrels of oil, making it the largest hydrocarbon resource in Europe, according to oil major BP Plc's website.
BP's business in Alaska will be smaller because of the previously announced sale of its interests in four North Slope oil fields to Hilcorp, spokeswoman Dawn Patience said.
BP PLC fell$. 05 or. 1 percent, to $45.89. ConocoPhillips rose$. 95 or 1.2 percent, to $79.40. Exxon Mobil Corp. rose$. 51 or. 5 percent, to $96.29.
Revamped U.S. refineries are absorbing heavy Canadian crude and new oil-rail terminals built by companies like Gibson Energy Inc and Canexus Corp are loading trains to deliver crude to markets across North America, and potentially abroad, limiting the downturn and keeping prices buoyant compared to the past seasons.
BP PLC fell$. 10 or. 2 percent, to $45.84. ConocoPhillips rose$. 68 or. 9 percent, to $79.13. Exxon Mobil Corp. rose$. 36 or. 4 percent, to $96.14.
BP PLC fell$. 32 or. 7 percent, to $45.62. ConocoPhillips fell$. 18 or. 2 percent, to $78.27. Exxon Mobil Corp. rose$. 12 or. 1 percent, to $95.90.
*Four different polls show future of UK at stake. EDINBURGH, Sept 14- The future of Scotland and the United Kingdom looked uncertain on Sunday, five days before a historic referendum on independence, as polls showed the rival campaigns running desperately close.
*Scottish nationalists warn BP and some banks. *Rupert Murdoch visits, says Scotland' alive with debate'. At stake is not just the future of Scotland, but that of the United Kingdom, forged by the union with England 307 years ago.
*Scottish nationalists warn BP and some banks. EDINBURGH, Sept 13- The battle over Scottish independence took a bitter turn on Saturday when a senior nationalist warned businesses such as BP that they could face punishment for voicing concern over the impact of secession.
EDINBURGH, Sept 13- The campaign battle over Scottish independence took a bitter turn on Saturday when a senior nationalist warned businesses such as BP that they could face punishment for voicing concern over the impact of secession.
Exxon Mobil’s ambitions in Russia appear to have been dashed, at least until the Ukraine crisis is resolved. The NYT reports.
BP PLC fell$. 30 or. 6 percent, to $45.94. ConocoPhillips fell$. 93 or 1.2 percent, to $78.45. Exxon Mobil Corp. fell $1.25 or 1.3 percent, to $95.78.
The state is pursuing the mega-project with the North Slope's three major players, Exxon Mobil Corp., BP and ConocoPhillips; pipeline company TransCanada Corp.; and the Alaska Gasline Development Corp..
WASHINGTON— Unsatisfied with a fragile cease-fire in Ukraine, the United States and the European Union levied new sanctions Friday against major Russian banks and defense companies, as well as penalties aimed at curtailing Russia's ability to develop oil and gas projects.
WASHINGTON, Sept 12- The United States hit Russia's largest bank, a major arms maker and arctic, deepwater and shale exploration by its biggest oil companies with new sanctions on Friday to punish Moscow for its intervention in Ukraine. They are the latest economic penalties imposed by the West since Russia annexed Crimea from Ukraine in March.
BP PLC fell$. 38 or. 8 percent, to $45.86. ConocoPhillips fell$. 95 or 1.2 percent, to $78.43. Exxon Mobil Corp. fell $1.05 or 1.1 percent, to $95.98.
BP PLC fell$. 36 or. 8 percent, to $45.88. ConocoPhillips fell$. 73 or. 9 percent, to $78.65. Exxon Mobil Corp. fell$. 78 or. 8 percent, to $96.25.