Здравствуйте. Вся информация этого сайта бесплатна. Вы можете сделать пожертвование и поддержать наше развитие. Спасибо.

Hello. All information of this site is free of charge. You can make a donation and support our development. Thank you.

2015-04-25 22:00:00

CONOCO SELLS NORWAY

CONOCO SELLS NORWAY

ConocoPhillips, the third-largest U.S. oil producer, is exploring the sale of some its North Sea assets in Norway as it seeks to divest overseas operations, two people with knowledge of the matter said.

The Houston-based oil and natural gas producer may sell Norwegian assets that are operated by others including stakes in the Aasta Hansteen, Alvheim and Grane fields, the people said, asking not to be identified as the information is private. Conoco, which is running the disposal without advisers, has contacted potential buyers, they said. If sold together, all three stakes may fetch as much as $1 billion, one of the people said.

U.S. producers are increasingly offloading overseas assets to focus on domestic opportunities amid a sharp drop in oil prices. ConocoPhillips is working with Bank of Nova Scotia on the sale of about 20 percent of its production in Western Canada outside of the oil sands. Other large producers including EOG Resources Inc., Apache Corp. and Occidental Petroleum Corp. have sold international assets.

Global oil companies are also selling peripheral businesses. BP Plc is seeking buyers for as much as $2 billion of U.S. pipelines and storage terminals, according to people familiar with the matter.

ConocoPhillips first applied for a license to hunt for oil on the Norwegian shelf more than 50 years ago in 1962, according to its website. Its assets include four operated fields in the southern part of the North Sea as well as several fields operated by its peers.

A representative for ConocoPhillips declined to comment. ConocoPhillips fell 0.4 percent to $67.63 today, giving the company a market value of about $83 billion.

bloomberg.com

Tags: CONOCOPHILLIPS, NORWAY, OIL, U.S.,

Chronicle:

CONOCO SELLS NORWAY
2018, February, 16, 23:15:00

DEWA INVESTS $22 BLN

AOG - The Dubai Electricity & Water Authority (DEWA) is to invest around $22bn on new energy projects across the next five years, with the renewables sector accounting for an increasing share of electricity generation, according to CEO Saeed Mohammed Al Tayer.

CONOCO SELLS NORWAY
2018, February, 16, 23:10:00

TRANSCANADA NET INCOME $3.0 BLN

TRANSCANADA - TransCanada Corporation (TSX:TRP) (NYSE:TRP) (TransCanada or the Company) announced net income attributable to common shares for fourth quarter 2017 of $861 million or $0.98 per share compared to a net loss of $358 million or $0.43 per share for the same period in 2016. For the year ended December 31, 2017, net income attributable to common shares was $3.0 billion or $3.44 per share compared to net income of $124 million or $0.16 per share in 2016.

CONOCO SELLS NORWAY
2018, February, 16, 23:05:00

RUSSIAN NUCLEAR FOR CONGO

ROSATOM - February 13, 2018, Moscow. – ROSATOM and the Ministry of Scientific Research and Technological Innovations of the Republic of Congo today signed a Memorandum of Understanding on cooperation in the field of peaceful uses of atomic energy.

CONOCO SELLS NORWAY
2018, February, 16, 23:00:00

U.S. INDUSTRIAL PRODUCTION DOWN 0.1%

FRB - Industrial production edged down 0.1 percent in January following four consecutive monthly increases. Manufacturing production was unchanged in January. Mining output fell 1.0 percent, with all of its major component industries recording declines, while the index for utilities moved up 0.6 percent. At 107.2 percent of its 2012 average, total industrial production was 3.7 percent higher in January than it was a year earlier. Capacity utilization for the industrial sector fell 0.2 percentage point in January to 77.5 percent, a rate that is 2.3 percentage points below its long-run (1972–2017) average.

All Publications »