Total Profit Soars on Record Oil Prices
French oil company Total SA said Wednesday its first-quarter net profit jumped 18 percent as record oil prices made up for the weak dollar and a drop in refining margins.
Exxon Posts Profit but Investors Left Disappointed
Exxon Mobil, the world's largest publicly traded oil company, on Thursday posted a $10.89 billion first-quarter profit, boosted by surging oil prices.
ConocoPhillips earnings soar on record oil prices
High oil and natural gas prices pushed ConocoPhillips' first-quarter profits up 17 percent, the Houston-based company said today on Thursday.
ConocoPhillips to seal Abu Dhabi deal: Reports
Energy giant ConocoPhillips said it expects to seal a $10 billion sour gas deal with Abu Dhabi National Oil Company, the world's third largest oil exporter, according to media reports.
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ConocoPhillips encouraged by Venezuelan talks
ConocoPhillips Chief Executive James Mulva said on Wednesday he was encouraged by the ongoing talks with Venezuela on reaching a compensation deal over the seizure of the oil company's assets there.
Exxon, Chevron, Conoco may bid in India auction: paper
Exxon Mobil, ConocoPhillips and Chevron Corp. will likely participate in India's seventh round of auctions under the New Exploration Licensing Policy (NELP), the Business Standard said on Sunday.
BP Shutdown Could affect the U.S. West Coast
British Petroleum's shutdown of the largest United States oil field has could cause California gas prices to rise.
ConocoPhillips Profits Surge 65 percent
ConocoPhillips, the third largest U.S. oil company, released its earnings for the second quarter of 2006 on Thursday, showing a surge in net profit attributed to the inclusion of the recently acquired Burlington Resources and high oil prices.
Energy Deals Flourish Even With Lofty Price Tags
Anadarko Petroleum Corp.'s blockbuster $21 billion move on Friday to buy two sizeable U.S. oil and gas companies signals that a rush is on to grab energy assets, even with their lofty price tags.
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