Saturday, March 22, 2025

ConocoPhillips Swaps UK Interests for More of Alaska

ConocoPhillips (NYSE: COP) announced that it has entered into an agreement to sell a ConocoPhillips subsidiary to BP for an undisclosed price. The subsidiary will hold a 16.5 percent interest in the BP-operated Clair Field, with ConocoPhillips retaining a 7.5 percent interest in the field. ConocoPhillips also announced it has entered into simultaneous agreements to acquire BP’s 39.2 percent interest

Could Renewable Energy Really Breeze Past Natural Gas?

From Forbes Natural Gas is getting mixed reviews when it comes to the climate cause. One side is saying that it is cutting into coal’s marketshare and thereby drastically reducing heat trapping emissions while the other is noting that it is boxing out more promising options, such as wind and solar energy. The changing energy dynamics have meant CO2 emissions are