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  • NEW YORK— Energy company ConocoPhillips says it is cutting around 1,810 jobs, or 10 percent of its workforce, following a plunge that took oil prices to their lowest levels in years. ConocoPhillips plans to eliminate more than 500 jobs in Houston, where it is based. ConocoPhillips has already eliminated 1,000 jobs this year and had 18,100 employees on June 30.

  • CALGARY, Alberta, Sept 1- ConocoPhillips and Husky Energy Inc announced key milestones in bringing two new oil sands projects online on Tuesday, underlining how some producers in the high-cost sector are boosting production even as crude prices tumble. The Canadian Association of Petroleum Producers forecast in June that oil sands production to hit 3.1...

  • Sept 1- Canada's Penn West Petroleum Ltd on Tuesday announced a number of measures, including a lower budget and job cuts, to chop costs and said it would only spend cash it earned from operations, a step that will shrink its growth prospects. ConocoPhillips also said on Tuesday it is laying off 400 employees and 100 contractors in Canada. Shares of the company, which...

  • Aug 31- Wall Street ended lower on Monday and wrapped up its worst month since 2012 after a senior Federal Reserve official heightened fears among investors of a potential U.S. interest hike in September. Fed Vice Chairman Stanley Fischer on Saturday said U.S. inflation would likely rebound as pressure from the dollar fades, allowing the Fed to raise interest...

  • Aug 31- Wall Street was lower on Monday afternoon as investors worried that the Federal Reserve may start raising interest rates in September, although a rally in oil boosted energy stocks. The market was poised for its worst monthly drop over three years after being pummeled in the past two weeks due to worries about the health of China's economy and the timing...

  • Aug 31- Wall Street pared some of their early losses in afternoon trading on Monday as energy stocks gained after oil prices rallied sharply. The S&P energy index reversed course and was up 1.05 percent- on track for its best four-day gain in seven years- boosted by ConocoPhillips, Schlumberger and Phillips 66.. Still, Wall Street was poised for its worst monthly...

  • Big Lots and Splunk are big market movers Friday, 28 Aug 2015 | 4:44 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:. Freeport-McMoRan Inc., up 31 cents to $10.50. Big Lots Inc., up $6.58 to $48.58.

  • Bill Walker said Monday that he plans to recommend to legislators that the state buy out TransCanada Corp.' s position in the major liquefied natural gas project that Alaska is pursuing. Under an agreement that predates Walker's administration, TransCanada, a Canadian pipeline company, would hold the state's interest in the pipeline and gas treatment plant,...

  • As uncertainty looms, investors digest turmoil Monday, 24 Aug 2015 | 7:15 PM ET
    Traders work on the floor of the New York Stock Exchange.

    After another day of chaos for U.S. stocks, investors looked for protection.

  • US crude flirts with close of under $40 a barrel Monday, 24 Aug 2015 | 1:47 PM ET

    NEW YORK— The price of U.S. oil closed under $40 a barrel on Monday for the first time since the days of the global economic crisis on fears of a slowdown in the world economy. Oil hadn't closed below $40 since February 2009, although it briefly traded below that level on Friday. Supplies have built up and growth in the world economy has been slow, with China's economy...

  • Fear and loathing on trading desks Thursday, 20 Aug 2015 | 10:53 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Traders are worried collateral damage from global market weakness, including a high yield debt fallout and selloff even in better performing sectors.

  • Shares of the world's biggest oil companies were battered after the report, with Exxon Mobil, BP, Marathon Oil, Chevron and ConocoPhillips all sliding to multiyear lows. A combination of increasing supplies and slow growth in the world economy, including weaker growth in China and a shrinking economy in Japan, cut into demand and made for a big drop in prices in the...

  • Bearish for 5 years, Citi says buy energy stocks Tuesday, 18 Aug 2015 | 12:25 PM ET
    Oil jack pumps are pictured in the Kern River oil field in Bakersfield, Calif.

    Citi Research told clients in a note Tuesday oil stocks are now cheap enough to start buying.

  • WASHINGTON, Aug 14- The Obama administration will allow limited sales of U.S. crude to Mexico for the first time, a senior administration official told Reuters, marking another milestone in loosening a contentious ban on exporting domestic oil. The approvals come eight months after Mexico formally sought permission for a swap, a historic step for a nation where...

  • WASHINGTON, Aug 14- The Obama administration will allow limited sales of U.S. crude to Mexico for the first time, a senior administration official told Reuters, marking another milestone in loosening a contentious ban on exporting domestic oil. The approvals come eight months after Mexico formally sought permission for a swap, a historic step for a nation where...

  • Pisani: Another heartbreaking day for oil investors Thursday, 13 Aug 2015 | 5:51 PM ET
    Stacked rigs are seen along with other idled oil drilling equipment in Dickinson, North Dakota, June 26, 2015.

    Oil stocks slide as crude drops.

  • Oil stocks have done something extraordinary: Trader Thursday, 13 Aug 2015 | 8:00 AM ET
    A floor hand works on an oil rig in the Bakken shale formation outside Watford City, N.D.

    Big oil companies have shed a combined $400 billion in market cap in the past year. Now one expert sees rare opportunity in the space.

  • Is this the tech IPO that changes everything? Wednesday, 12 Aug 2015 | 8:12 PM ET
    Pure Storage FlashArray.

    Public investors are thirsting for tech growth as start-ups reel in private capital. But there's at least one new company in the queue.

  • Retail investors bet on Apple, market rebound: TD Monday, 10 Aug 2015 | 12:30 PM ET
    Man at computer stocks

    Small investors were net buyers of U.S. stocks for a third straight month in July, according to data gleaned from 6 million TD Ameritrade accounts.

  • This key find made Qatar an energy giant Thursday, 6 Aug 2015 | 6:50 PM ET
    Natural gas cools into liquid form in one of the “trains” which can stretch up to three-fifths of a mile, at Ras Laffan, Qatar.

    After investing tens of billions of dollars into liquefied natural gas, Qatar is at the forefront.