Sunday, May 27, 2012 5:13 PM EDT
ConocoPhillips (Public, NYSE:COP) is an international, integrated energy company.
The Company’s business is organized into six segments. Exploration and Production (E&P) segment explores for, produces and markets crude oil, natural gas and natural gas liquids. Midstream segment gathers, processes and markets natural gas produced by ConocoPhillips and others, and fractionates and markets natural gas liquids. Midstream segment consists of its 50% equity investment in DCP Midstream, LLC. Refining and Marketing (R&M) segment purchases, refines, markets and transports crude oil and petroleum products. LUKOIL Investment segment consists of its equity investment in the ordinary shares of OAO LUKOIL. Chemicals segment manufactures and markets petrochemicals and plastics and consists of its 50% equity investment in Chevron Phillips Chemical Company LLC (CPChem). Emerging Businesses segment includes the Company’s investment in new technologies or businesses outside its scope of operations.
By CME Group
June RBOB prices were under pressure throughout the overnight and early morning hours, perhaps in the wake of news that Delta Airlines agreed to buy a Pennsylvania oil refinery from ConocoPhillips. (May 01)
MORE TOPICS: PENNSYLVANIA
By Reuters UK
Delta Air Lines Inc <DAL.N> will buy a Pennsylvania oil refinery from ConocoPhillips <COP.N> for $150 million (92 million pounds), an audacious bid to save money on fuel costs by investing in a sector shunned by many of the biggest oil firms. (Apr 30)
MORE TOPICS: CRUDE OIL, INDIA, NEW YORK, DELTA AIR LINES\, PENNSYLVANIA, CREDIT SUISSE
By IBTimes
Mergers and acquisitions are on the upstream as low interest rates, rising business and consumer confidence plus depressed prices for some assets have companies seeking buys that will allow them to expand or cut costs through synergy. (Apr 30)
MORE TOPICS: MICROSOFT, DOW JONES, ROYAL BANK OF SCOTLAND, NYSE, RETAIL, NEW YORK
By IBTimes
Delta Air Lines Inc. (NYSE: DAL), the second-largest U.S. commercial airline, is reportedly close to a bid for a Pennsylvania oil refinery that could mitigate high fuel costs by cutting out the middleman. (Apr 30)
MORE TOPICS: JPMORGAN CHASE, NYSE, NEW YORK, PENNSYLVANIA
By Street Wise Reports
Most investors may not have Australian resource companies on their radar screens, but that doesn't mean that there aren't some great opportunities worth pursuing Down Under. In this exclusive interview with The Energy Report, Ivor Ries, utilities and energy analyst at E.L. & C. (Apr 26)
MORE TOPICS: CHINA, NYSE, JAPAN, AUSTRALIA, ADVERTISING, INDIA
By IBTimes
According to a survey released this week, oil and natural gas executives and investors think the price of natural gas will remain below $2.50 per 1,000 cubic feet for the rest of the year -- a level that is too low for the industry's growth. (Apr 25)
MORE TOPICS: NYSE, EXXON MOBIL, CRUDE OIL, NEW YORK, PENNSYLVANIA, INVESTMENT
By Street Wise Reports
Stansberry & Associates Investment Research Founder Porter Stansberry envisions a future that is anything but rosy, but savvy investors may find solace and security against the crippling inflation he expects. (Apr 24)
MORE TOPICS: GOLD, NYSE, CALIFORNIA, CRUDE OIL, GDP, ADVERTISING
By IBTimes
Spanish oil company Repsol threatened on Monday legal action against any investors helping newly nationalized Argentine oil company YPF develop oil resources previously discovered by the Spanish firm. (Apr 23)
MORE TOPICS: EXXON MOBIL, CHEVRON, ARGENTINA
By LiveTradingNews
The S&P 500 has lost 2.1 percent in April after the biggest first-quarter rally since 1998. The gauge rose 0.6 percent last week after corporate profits beat estimates and a report showed German business confidence unexpectedly increased for a sixth ... (Apr 23)
MORE TOPICS: CHINA, GOLD, DOW JONES, HSBC, CRUDE OIL, MANUFACTURING
By Reuters
Stock index futures pointed to a sharply lower open on Monday on weak European data and renewed anxiety over how the region would tackle its debt crisis, while Wal-Mart slumped after a report it stymied a probe into bribery allegations. (Apr 23)
MORE TOPICS: MICROSOFT, WAL-MART, DOW JONES, GENERAL ELECTRIC, THE NEW YORK TIMES, NEW YORK
