CONOCOPHILLIPS

Nearly all the major oil companies are looking across Europe for shale gas, an unconventional energy source that has transformed the U.S. energy market.

Warren Buffett's Berkshire Hathaway Inc reported lower stakes in ConocoPhillips, Johnson & Johnson and Procter & Gamble Co in the fourth quarter.

Warren Buffett's Berkshire Hathaway Inc reported lower stakes in ConocoPhillips , Johnson & Johnson and Procter & Gamble Co in the fourth quarter, reducing several of its biggest investments as it prepared to complete its takeover of railroad company Burlington Northern Santa Fe Corp.

Chevron Corp posted a drop in quarterly profit on Friday, and its new boss said the second-largest U.S. oil company had plenty of work to do on its own project line-up without making any big acquisitions.

Chevron Corp , the second-largest U.S. oil company, posted a 37 percent drop in quarterly profit, missing analyst forecasts, as steep refinery losses offset gains from higher oil prices and production.

Giant oil company Chevron Corp plans to restructure its refinery operations, cutting some jobs and exiting some markets, a company spokesman said on Tuesday.

U.S. oil company ExxonMobil said it may sell its 9.4 percent stake in Gassled, the owner of Norway's gas transport system, but has no plans to reduce its activities on the Norwegian shelf.

Energy companies and governments are struggling to advance multibillion-dollar pipelines to tap Arctic gas reserves and bring the supplies to North American markets. Here are the proposals.

China-based Green Dragon Gas said it paid about $55 million to redeem the only outstanding convertible bond and simultaneously issued shares to BlackRock, making the fund manager its second-largest shareholder.

LUKOIL, Russia's second largest oil producer, missed forecasts with a 40 percent tumble in third-quarter profit as oil prices fell and the rouble depreciated against the dollar.

ConocoPhillips said on Wednesday it plans to spend 10 percent less in 2010 as the third-largest U.S. oil and gas company slims down and sharpens its focus in response to volatile energy markets.

ConocoPhillips could sell its 25 percent stake in the Rockies Express Pipeline as part of the oil giant's plan to divest $10 billion in assets, a senior executive said on Tuesday.

ConocoPhillips reported a 71 percent decline in third-quarter profit on Wednesday as weak demand for fuel hurt its refining business and oil prices fell from a year earlier, but the results exceeded Wall Street estimates.

ConocoPhillips reported on Wednesday a 71 percent decline in its quarterly profit as weak demand for fuel hurt its refining business and oil prices fell from a year-ago.

ConocoPhillips reported a 71 percent decline in third-quarter profit on Wednesday as weak demand for fuel hurt its refining business and oil prices fell from a year earlier, but the results exceeded Wall Street estimates.