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2016-11-11 18:35:00

CONOCO DIVESTS AMERICA

CONOCO DIVESTS AMERICA

OGJ wrote, ConocoPhillips intends to divest $5-8 billion in assets primarily relating to North American natural gas as part of its effort to accelerate "the company's value proposition of a strong balance sheet, growing dividend, and disciplined growth."

The Houston independent has set its 2017 capital expenditures guidance at $5 billion, down 4% compared with its 2016 guidance of $5.2 billion and less than half of its 2015 capex and investments that totaled $10.1 billion. The firm recently cut its 2016 capex…

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Tags: USA, OIL, GAS, INVESTMENT, PRODUCTION

Chronicle:

CONOCO DIVESTS AMERICA
2019, April, 19, 09:15:00

S.KOREA RENEWABLE ENERGY

South Korea's economy has been pushing to shed its heavy reliance on coal and nuclear power, with the latest target coming on top of a 2017 plan to increase the amount of renewables in its energy mix to 20 percent by 2030.

CONOCO DIVESTS AMERICA
2019, April, 19, 09:10:00

UAE GDP WILL UP 4.7%

The International Monetary Fund (IMF), has forecast the UAE’s nominal Gross Domestic Product (GDP) to grow 4.7 percent to AED1.673 trillion in 2019, compared to AED1.589 trillion a year ago.

CONOCO DIVESTS AMERICA
2019, April, 19, 09:05:00

U.S. TRADE DEFICIT $49.4 BLN

the goods and services deficit was $49.4 billion in February, down $1.8 billion from $51.1 billion in January,

CONOCO DIVESTS AMERICA
2019, April, 19, 09:00:00

U.S. RIGS DOWN 10 TO 1,012

BHGE - U.S. Rig Count is down 10 rigs from last week to 1,012, with oil rigs down 8 to 825, gas rigs down 2 to 187, and miscellaneous rigs unchanged at 0. Canada Rig Count unchanged from last week at 66, with oil rigs up 1 to 19 and gas rigs down 1 to 47.

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