CONOCOPHILLIPS

Venezuela's state-run oil company will terminate all ventures with Exxon Mobil (NYSE: XOM), the biggest U.S. oil company, when arbitration proceedings conclude, Oil Minister Rafael Ramirez said.

Gasoline prices across the nation jumped 16 cents since last week and could go higher. Part of the high cost is a tiny city in Oklahoma.

Gas prices in the U.S. are increasing. Is it possible we’ll see a $5 gallon anytime soon? Signs point to yes.

With gasoline prices already approaching a distinctly unseasonal $4 a gallon in a presidential-election year, the United States is considering tapping its Strategic Petroleum Reserve as one way to control the prices of crude oil and its derivatives. Herewith is a look at past SPR loans and sales.

Everyone agrees the days of cheap gasoline are over. The pain at the pump is forcing people to cut down gasoline usage, and there has been a big drop in gasoline demand in the country. At the same time, domestic production is booming, with the number of rigs just in U.S. oil fields more than quadrupling in the past three years.

The good news for U.S. drivers is that unless a world-wide catastrophic event, like war breaking out between Iran and Israel, takes place soon, the $5 figure will not be hit in the near future, according to AAA.

The Pennsylvania Department of Environmental Protection Thursday issued a renewed pollution discharge permit for ConocoPhillip's idled refinery in Delaware County.

Gas prices on average have gained 12 cents a gallon in just the last month, the AAA reports. At an average $3.51 a gallon, that's 38 cents above 2011. What's happening?

With the price of natural gas so low, BG Group has become the latest company to scale back their shale natural gas production in the United States, in what could be the start of a temporary retreat from the gas industry in the country.

In the next year, ConocoPhillips expects to increase its Arctic footprint thank to a partnership with Singapore's Keppel Offshore and Marine.

The companies expected to see active trade Wednesday are: Apple, Boeing, CA, Xerox, Automatic Data Processing, Netflix, General Dynamics, SanDisk Corp, Hess Corp, Abbott Laboratories, Abbott Laboratories, ConocoPhillips and Murphy Oil Corp.

ConocoPhillips, the third largest energy company in the U.S., is expected to post higher fourth-quarter earnings as soaring crude oil prices offset big losses anticipated in the company's refining operations.

The Obama Administration rejected the Keystone oil pipeline on Wednesday, a move that Republicans decried for sacrificing jobs and energy security in order to shore up the president's environmental base before elections.

ConocoPhillips is said to be in talks with the sub-continent oil company, and could sell some of its land leases in South Texas.

The head of Canada's most storied pension fund wants rivals to be partners as debt-laden governments offload assets, and says a recent bid with two other pension funds for the nation's leading stock market operator is a good start.