2014-05-01 18:53:00
CONOCOPHILLIPS 1Q UP
ConocoPhillips, the largest U.S. independent oil and gas company, on Thursday reported a flat quarterly profit that topped expectations and said production edged higher as output from its North American shale and Canadian oilsands projects rose.
Profit in the first-quarter was $2.1 billion, or $1.71 per share, compared with $2.1 billion, or $1.73 per share in the same quarter a year ago.
Excluding one-time items related to storage and transportation agreements, Conoco had a profit of $1.81 per share.
Analysts on average had expected a profit of $1.56 per share, according to Thomson Reuters I/B/E/S.
Oil and gas production from continuing operations excluding Libya was 1.53 million barrels oil equivalent per day (boed), up 24 million boed from the 2013 first quarter.
Shares of Conoco rose in pre-market trade to $75.45, up 1.5 percent from Wednesday's New York Stock Exchange close.
reuters.com
Chronicle:
2022, May, 16, 11:54:00
WORLD GAS CONFERENCE 2022
The 28th World Gas Conference (WGC 2022) takes place in Daegu, the energy city of Korea in May 2022.
2022, May, 16, 11:53:00
6TH ANNUAL LNG SUMMIT USA
The 6th Edition of Wisdom’s Much Acclaimed Annual LNG Summit Will Be Held Live in Houston - PREPARING THE INDUSTRY FOR THE RISE IN DEMAND FOR LNG
2022, May, 16, 11:50:00
U.S. CO2 EMISSIONS UP
In 2021, U.S. energy-related carbon dioxide (CO2) emissions increased by 296 million metric tons (MMmt), or 6%, compared with 2020 levels.
2022, May, 16, 11:45:00
BRITAIN'S NUCLEAR DEVELOPMENT
In early April, the government published its Energy Security Strategy, setting out its ambitions for eight new reactors, plus small modular reactors, helping to produce 24 GWe of nuclear generating capacity by 2050, representing about 25% of the UK's projected electricity demand.
2022, May, 16, 11:40:00
SAUDI ARAMCO NET INCOME $39.5 BLN
Aramco announces first quarter 2022 results
Net income: $39.5 billion (Q1 2021: $21.7 billion)
2022, May, 16, 11:35:00
PHILIPPINIAN RENEWABLES 2 GW
The Philippines has an installed capacity of 26.8 GW (end-2021), with 41% of coal, 17% of oil, 14% of hydro and 13% of gas.
2022, May, 16, 11:30:00
U.S. RIGS UP 9 TO 714
U.S. Rig Count is up 9 from last week to 714, Canada Rig Count is down 3 from last week to 88.