Oil & Gas News

ConocoPhillips Bids for Citgo Using Claims, Not Cash

Citgo Petroleum, a Houston-based oil refiner owned by Venezuela’s state oil company PDVSA, is at the center of a historic case to settle Venezuelan debts. The South American nation has defaulted on billions of dollars of bonds, and expropriated assets from foreign companies, including ConocoPhillips. Conoco’s Claim ConocoPhillips is the largest creditor in the case, […]

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Articles Oil & Gas News

ConocoPhillips Willow Project

ConocoPhillips, one of the world’s leading exploration and production companies, has recently announced its final investment decision to develop the Willow project in Alaska. The Willow project is a major oil drilling project located on the plain of the North Slope of Alaska in the National Petroleum Reserve in Alaska (NPR-A), a federally designated area […]

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