Tagged ConocoPhillips

AGDC cuts Alaska LNG cost estimate

Rate this article By Adnan Bajic Alaska Gasline Development Corp. (AGDC) has updated the Alaska LNG project cost estimate in a push to boost its competitiveness. Courtesy of AGDC The project leader AGDC noted the updated $38.7 billion cost estimate is a 12.4 per cent or $5.5 billion cost reduction off the previous $44.2 billion…

ConocoPhillips becomes operator of Tasmanian offshore permit

Rate this article By Bojan Lepic Oil company 3D Oil has completed the farm-out of T/49P permit offshore Tasmania to ConocoPhillips following the approval of documentation by the National Offshore Petroleum Titles Authority… … Read Full Article Here For more great articles: Offshore Energy Today

Australia Pacific LNG ships 500th cargo

Rate this article By Mirza Duran The Australia Pacific liquefied natural gas (LNG) plant, run by ConocoPhillips, has shipped its 500th cargo of the fuel since it started operations in 2016. Image courtesy of ConocoPhillips Australia The 174,100 cubic meters CESI Tianjin loaded the milestone cargo and departed the Curtis Island facility near Gladstone on…

ConocoPhillips CFO to retire after 39-year career

Rate this article By Nermina Kulovic ConocoPhillips has said that Don E. Wallette, Jr. will be retiring as executive vice president and a chief financial officer after a 39-year career with the company. The post ConocoPhillips CFO to… … Read Full Article Here For more great articles: Offshore Energy Today

ConocoPhillips swings to $1.7 billion loss

Rate this article By Nermina Kulovic ConocoPhillips went from a profit in the first quarter last year to a loss in the same period of 2020 after being hit by impairment charges and lower oil and gas prices. The post ConocoPhillips… … Read Full Article Here For more great articles: Offshore Energy Today

Australia’s Origin hit by lower APLNG revenue

Rate this article By Mirza Duran Origin Energy saw lower quarterly revenue from the Australia Pacific LNG project but it managed to renegotiate a crucial supply deal with China’s Sinopec. Image courtesy of ConocoPhillips Origin Energy, which holds a 37.5 per cent stake in the APLNG project, said Thursday the first price review under Sinopec’s…