CONOCOPHILLIPS

Oil's Dip.

ENI Leads Libya Oil Race, Rebels Warn Russia,China

Italian oil company Eni led the charge back into Libya on Monday as rebels swept into capital Tripoli, hailing the end of Muammar Gaddafi's rule and warning Russian and Chinese firms of contract revisions.

China's demand for W. African crude jumps -trade

Oil's Dip.
China's buying of West African crude oil is set to rise about 15 percent in September from August, trade sources said on Friday, but overall Asian imports from West Africa will fall due to slower Indian demand.
Exxon

Exxon Earnings Miss; Profits Rise

Exxon reported second-quarter earnings before the market open Thursday and the company showed an increase due to higher oil prices but the number was below Wall Street's expectations.
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Factbox: ConocoPhillips' downstream assets

ConocoPhillips said on Thursday it would spin off its refining and marketing operation, in hopes each arm would be worth more as a separate company.
Ford Motor Company

Top 10 Biggest Companies in US (PHOTOS)

Time Inc.'s Fortune magazine released its annual Fortune Global 500 list, which is a ranking of the top 500 corporations worldwide as measured by revenue. Start slideshow to view a gallery of the top 10 biggest companies in the US.
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Natural gas drilling might disappoint investors: NYT

While natural gas companies like ConocoPhillips and Chesapeake Energy Corporation are making big bets on wells that are supposed to extract energy from shale formations, the New York Times reported that an investigation of e-mails and documents shows industry insiders have doubts as to whether the companies will be able to deliver on their promises to investors.
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Stock index futures higher ahead of FOMC statement

Futures on major U.S. stock indices point to a higher opening on Wednesday ahead of US Federal Reserve’s meeting and Census Bureau's durable goods orders report.
Sinopec, Australia Pacific in 20-yr LNG deal

Sinopec, Australia Pacific in 20-yr LNG deal

China's Sinopec clinched the second-largest single Chinese liquefied natural gas deal, and ventured for the first time into a foreign unconventional gas asset to feed a domestic boom for the clean fuel.
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Conoco ups dividend 20 percent, sets stock buyback

U.S. oil company ConocoPhillips raised its quarterly dividend 20 percent on Friday and said it would buy back $10 billion in shares of its stock, lifting its share price nearly 2 percent.
Traders gather around the General Motors trading post on the floor of the New York Stock Exchange

US futures up ahead of FOMC statement

Futures on major U.S. indices point to higher opening on Wednesday ahead of the US Federal Reserve’s meeting and new home sales data.

BP, Total among winners of Angola deepwater blocks

BP, Total, Eni and other international majors were awarded concessions to explore in Angola's ultra-deep water blocks known as pre-salt blocks, Angola's state-owned oil firm Sonangol said on Monday.
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Shell Q2 profits double as overhaul beats targets

Royal Dutch Shell Plc said second-quarter current cost of supply net income jumped 94 percent to $4.53 billion thanks to a strong operating environment and a speedy restructuring of the group.
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Conoco Q2 surges as refining buoys Big Oil

ConocoPhillips , the third-largest U.S. oil company, reported a 150 percent increase in underlying quarterly profit, in a dramatic bounceback of its volatile refining business.
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Conoco profit tops Street, selling Lukoil stake

ConocoPhillips , the third-largest U.S. oil company, reported a better-than expected quarterly profit on Wednesday and said it will sell its entire stake in Lukoil.
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No talks on Alaska pipeline deal: TransCanada exec

TransCanada Corp would offer equity stakes in its $41 billion Alaska gas pipeline to companies proposing a rival project, but there have been no talks to date, a TransCanada executive said on Tuesday.
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Lawmakers blast oil companies in hearing

U.S. lawmakers blasted major oil companies on Tuesday for virtually worthless and cookie cutter plans to handle a deepwater oil disaster as top industry executives testified on BP's massive spill in the Gulf of Mexico.
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Higher oil prices boost Exxon, Conoco profits

Higher oil prices boosted quarterly profits for Exxon Mobil Corp and ConocoPhillips , but Exxon saw its earnings hurt by recently enacted U.S. health reform legislation.
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Fortune 500 shed record 821,000 jobs in 2009

The Fortune 500 largest U.S. companies slashed a record 821,000 jobs last year, even as their collective profit soared more than three-fold to $391 billion.

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