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The Latest Breaking News from ConocoPhillips

Approval of divisive Alaska oil project upheld in blow to US climate goals

Advocates warned of ‘tragic consequences’ should the project in a remote part of northern Alaska go ahead

The Guardian - US

Judge rules Willow oil project in Alaska's Arctic can proceed

The decision removes one of the last obstacles to the Willow project, which would be the largest oil development on federal land in decades, and has become a flashpoint for climate activists.

WEKU

Biden calls for up to 3 offshore oil leases in Gulf of Mexico, upsetting both sides

The administration's proposal seeks to strike a balance between energy companies seeking greater oil and gas production and environmental activists who want Biden to shut down new offshore drilling.

WEKU

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Biden calls for up to three oil and gas lease sales in the Gulf of Mexico, disappointing all sides

President Joe Biden's administration has proposed up to three oil and gas lease sales in the Gulf of Mexico over the next five years but none in Alaska

The Independent UK

California's lawsuit says oil giants downplayed climate change. Here's what to know

California accuses oil companies of misleading the public on the dangers of fossil fuels for decades. The state demands they help fund recovery efforts after climate change-fueled disasters.

WEKU

Whales stop singing and rock lobsters lose their balance: how seismic surveys can harm marine life

Woodside Energy this week announced it would start seismic testing for its Scarborough gas project off Australia’s west coast, before reversing the decision in the face of a legal challenge from Traditional Owners.

The Conversation

Biden administration cancels leases in Alaska wildlife refuge - Roll Call

The Biden administration canceled oil and gas leases in the Arctic National Wildlife Refuge that Congress mandated in a 2017 law.

Roll Call

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Power up Profits With 3 Energy Stocks

As OPEC flags a healthy outlook for the second of the year, the prospects of the oil market show promise. Therefore, investing in fundamentally robust energy stocks REX American Resources (REX), NOW Inc. (DNOW), and ChampionX Corp. (CHX) could help boost your portfolio returns. Learn more….

StockNews.com

3 Energy Stocks Lighting up Portfolios

With growing demand and supply cuts, the energy sector is heating up. Against this backdrop, fundamentally sound energy stocks ChampionX Corp. (CHX), NOW Inc. (DNOW), and Solaris Oilfield Infrastructure (SOI) could light up your portfolio for the long haul. Learn more….

StockNews.com

Family legacies and the state’s Jim Crow past underlie a fight over mineral rights on a stretch of South Texas scrubland

Descendants of a prominent white family and a formerly enslaved couple are fighting over ownership — and the oil and gas royalties that would come with it — of an 147.5-acre tract that has bound and divided generations of their families.

The Texas Tribune

ConocoPhillips Positioned For Competitive Cash Flow And Returns

Energy giant reports strong Q2 performance and advances global LNG strategy

Zenger

ConocoPhillips faces potential $914,000 fine over Alaska gas blowout, leak

ConocoPhillips Alaska faces a potential $914,000 fine over what a state regulatory agency called a “shallow underground blowout” of a well that released natural gas at the company’s Alpine field on Alaska’s petroleum-rich North Slope last year

The Independent UK

Seismic testing plans for Otway Basin prompt concerns for whales, dolphins and other wildlife

A multinational gas and oil giant says it remains committed to consultation amid rising community concerns over proposed testing off south-west Victoria.

ABC News

Haaland defends Willow, says US won't end oil drilling

Interior Secretary Deb Haaland defended her department’s approval of the contentious Willow oil project on Friday, saying that despite President Joe Biden’s campaign promise to end new drilling on federal lands, “We’re not going to turn the faucet off and say we’re not drilling anymore

The Independent UK

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Barchart

Find Out Which Oil Company is Betting Big in Alaska

This major oil company is planning a major new drilling in project in Alaska that could boost its production significantly.

The Guardian - US

Harvard professor lobbied SEC on behalf of oil firm that pays her lavishly, emails show

Environmental law professor Jody Freeman urged to cut ties with ConocoPhillips, which pays her more than $350,000 a year

The Independent UK

Judge: Alaska oil project can proceed as lawsuits play out

Construction can proceed related to a major oil project on Alaska’s petroleum-rich North Slope

The Guardian - US

Harvard professor’s fossil fuel links under scrutiny over climate grant

Colleagues and students query role of Jody Freeman, who won prestigious research grant despite sitting on ConocoPhillips board

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The Independent UK

ConocoPhillips details gas leak cause, remedies at hearing

ConocoPhillips has detailed reasons and remedies following a natural gas leak last year on the North Slope that caused 300 employees to be evacuated

Salon

"Pro-climate" banks funding fossil fuels

The disconnect between words and actions has outraged climate activists

St. Louis Post-Dispatch

Editorial: Biden's approval of an Alaska oil project merits left's complaints of hypocrisy

President Joe Biden is trying to pull a fast one. His approval of the Willow oil drilling project on Alaska’s North Slope runs contrary to everything he has promised Americans — and the world — about protecting the environment, confronting climate change and reducing America’s dependence on fossil fuels. No…

Chicago Sun-Times

Big banks must stop lending to Big Oil

Bank lending for drilling projects like Willow is not only bad for the environment. It will weaken the impact of a historic $370 billion investment our country will make in the next decade on green technology and alternatives to oil and gas.

Capital & Main

Banks Promote Climate Pledges But Keep Increasing Their Financing of Fossil Fuel Production

National day of protest will target JPMorgan Chase, Citigroup, Bank of America and Wells Fargo as new U.N. report warns of catastrophic climate impacts.

Tribune News Service

California energy giant Sempra moves forward on major liquefied natural gas project in Texas

San Diego's Fortune 500 energy giant Sempra will add another major project to its roster of facilities that ship liquefied natural gas, or LNG, to destinations around the world.

The Independent UK

Haaland criticized over ‘difficult’ choice on Willow project

Interior Secretary Deb Haaland is facing criticism from political allies after the Biden administration approved a contentious oil drilling project in Alaska

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