News & Events:COP

Equinor ASA (EQNR) said Friday that with its partners, it is investing 10 billion Norwegian kroner to further develop the Oseberg field in the North Sea from being primarily an oil field to becoming a gas producer. An amended plan for development and operation has been submitted to the minister of petroleum and energy that will see the partners reduce carbon-dioxide emissions from the Oseberg Field Centre and the Oseberg South platform while increasing Oseberg gas production, it...

Equinor ASA (EQNR) said https://www.equinor.com/en/news/20211126-oseberg-pdo-amendment.html: * EQUINOR (EQNR): INVESTING NOK 10 BILLION IN FURTHER DEVELOPING OSEBERG FIELD - EQUINOR.COM. * OSEBERG AREA UNIT PARTNERS WILL REDUCE CO2 EMISSIONS FROM OSEBERG FIELD CENTRE AND OSEBERG SOUTH PLATFORM WHILE INCREASING OSEBERG GAS PRODUCTION.

U.S. Senator Elizabeth Warren on Tuesday called on energy companies to explain "their decisions to export record amounts of natural gas while imposing massive price increases" on consumers, accusing them of "corporate greed" while Americans struggle to pay their bills.

U.S. Senator Elizabeth Warren has called on energy companies to explain the rationale for "their decisions to export record amounts of natural gas while imposing massive price increases" on the public.

French company TotalEnergies said it had won new deals in Libya, including the increase of its stake in the Waha oil concessions in the country.

ConocoPhillips (COP) is pushing forward on its massive Willow development on Alaska's North Slope and has not lost time in its schedule, despite a recent federal court ruling that overturned Trump administration approval for the project, an Alaska manager for the company said Wednesday.

ConocoPhillips (COP) is pushing forward on its massive Willow development on Alaska's North Slope and has not lost time in its schedule, despite a recent federal court ruling that overturned Trump administration approval for the project, an Alaska manager for the company said Wednesday.

The following are the top stories from selected Canadian newspapers. THE GLOBE AND MAIL. - Rogers Communications Inc (RCIAF) says it will not appeal a ruling that allows Edward Rogers to replace directors of Canada's largest wireless carrier without holding a shareholder meeting. https://tgam.ca/3qfqO39.

ConocoPhillips (COP) presented on Monday plans for the development of Norway's Tommeliten A gas and condensate discovery, with total investments expected to amount to 12.5 billion crowns, the U.S. oil firm said. Located in the southern sector of Norway's North Sea, Tommeliten A is estimated to hold reserves corresponding to 125 million barrels of oil equivalent, it added.

Large oil companies are racing to sell land in the largest U.S. shale formation as rising crude prices present them with a golden opportunity to jettison unwanted acreage and meet shareholder demands to lower costs, people involved with transactions told Reuters. Worldwide oil demand rebounded faster than expected in 2021, boosting prices to more than $80 a barrel.

U.S. shale producers' decision this year to resist pumping more oil even as prices surge could be nearing an end, according to company executives.

Cenovus Energy Inc (CVE) executives speaking on a conference call: * CENOVUS ENERGY NOT GOING TO APPROVE ANY LARGE GREENFIELD EXPANSION ANYTIME SOON - CEO. * CENOVUS FINDING SIGNIFICANT OPPORTUNITES FROM HUSKY DEAL TO RAISE PRODUCTION WITH SMALL EXPANSIONS - CEO. * CENOVUS ENERGY CEO SEES BUYBACKS MORE THAN OFFSETTING PRESSURE FROM CONOCOPHILLIPS SELLING STAKE.

Conocophillips (COP): * OIL SANDS PATHWAYS TO NET ZERO - CONOCOPHILLIPS CANADA JOINS OIL SANDS PATHWAYS TO NET ZERO ALLIANCE. * OIL SANDS PATHWAYS TO NET ZERO - WITH CONOCOPHILLIPS CANADA'S ADDITION, ALLIANCE OPERATES FACILITIES REPRESENTING ABOUT 95% OF CANADA'S OIL SANDS PRODUCTION Source text for Eikon: Further company coverage:

ConocoPhillips (COP) on Tuesday posted a quarterly profit that trounced market expectations as supply bottlenecks and a global economic recovery helped drive a rebound in crude prices. Oil prices have gained nearly 63% since the start of 2021, with global crude benchmark Brent rising above $86 a barrel to its highest level in about three years after the pandemic depressed fuel demand in 2020.

- ConocoPhillips (COP) on Tuesday posted a quarterly profit that trounced market expectations as supply bottlenecks and a global economic recovery helped drive a rebound in crude prices. Oil prices have gained nearly 63% since the start of 2021, with global crude benchmark Brent rising above $86 a barrel to its highest level in about three years after the pandemic depressed fuel demand in 2020.

Conocophillips (COP): * ANNOUNCES THIRD-QUARTER 2021 FINANCIAL AND OPERATIONAL RESULTS. * Q3 ADJUSTED EARNINGS PER SHARE $1.77 EXCLUDING ITEMS. * Q3 EARNINGS PER SHARE $1.78 Source text for Eikon: Further company coverage:

Conocophillips (COP) reported a third-quarter profit on Tuesday, compared with a year-ago loss, thanks to a rebound in crude prices to pre-pandemic levels. The Houston-Texas based company posted adjusted earnings of $2.4 billion, or $1.77 per share, in the quarter ended Sept. 30, compared to a loss of $331 million, or 31 cents per share, a year earlier.

ConocoPhillips (COP) today reported third-quarter 2021 earnings of $2.4 billion, or $1.78 per share, compared with a third-quarter 2020 loss of $0.5 billion, or per share. “This third quarter was very significant for ConocoPhillips,” said Ryan Lance, chairman and chief executive officer.

* Activist shareholder Loeb called for break-up of Shell. * Investors question whether split would work. * New climate target is absolute, not intensity-based. By Shadia Nasralla. Royal Dutch Shell (RDS/A) hit back on Thursday against an activist fund's call for the company to break up, with top executives saying its businesses operate better together than apart.

Stellantis, the world's fourth largest automaker, on Thursday reported a 14% fall in third-quarter revenue on a pro-forma basis after semiconductor shortages cut planned quarterly production by 30%, or 600,000 vehicles.