Recent events
Recent events tied to this brand in public sources.
Back to profile18 entries
2026
ConocoPhillips announces planned Canada workforce reduction
ConocoPhillips informed its staff of a planned workforce reduction in Canada, affecting employees and contractors. The company did not disclose how many jobs would be affected; the reduction was scheduled to take place on Tuesday.
2022
Texas rancher sues ConocoPhillips over jaguarundi habitat
Texas ranch owner Lloyd Michael Hamilton sued ConocoPhillips and its subsidiary Burlington Resources Oil & Gas Co. LP, alleging violations of the Endangered Species Act related to drilling development on his ranch and seeking an injunction and civil penalties. ConocoPhillips disputed Hamilton’s account, saying a consultant found no evidence of jaguarundi and that the company followed voluntary best management practices.
2021
ConocoPhillips announces sale of Indonesia assets
ConocoPhillips announced that it would sell assets in Indonesia for $1.355 billion to Medco Energi Internasional. The proposed sale includes a subsidiary that indirectly owns a 54% stake in the Indonesia Corridor Block PSC and a 35% interest in Transasia Pipeline Company.
2021
ConocoPhillips exercises right to acquire additional APLNG stake
ConocoPhillips said it was exercising its right to buy up to an additional 10% stake in Australia Pacific LNG from Origin Energy for up to $1.645 billion. The deal was expected to close in the first quarter of 2022; Sinopec retained a right to match the offer for part of the stake.
2021
ConocoPhillips completes Permian asset acquisition
ConocoPhillips announced completion of an all-cash acquisition of Permian assets.
2021
Shell announces sale of Permian Basin assets to ConocoPhillips
Royal Dutch Shell announced a deal to sell all of its Permian Basin assets to ConocoPhillips for $9.5 billion in cash. The sale was set to close in the fourth quarter of 2021.
2021
Shell agrees to sell Permian Basin assets to ConocoPhillips
Shell agreed to sell its more than 220,000 net acres in the Permian Basin to ConocoPhillips for $9.5 billion.
2021
ConocoPhillips announces Matt Fox's retirement
ConocoPhillips announced that executive vice president and chief operating officer Matt Fox would retire, effective May 1, 2021.
2021
ConocoPhillips completes acquisition of Concho Resources
ConocoPhillips reported that it had completed its acquisition of Concho Resources, with shareholders of both companies having approved the combination.
2020
ConocoPhillips appoints Eric Mullins to its board
ConocoPhillips reported that Eric Mullins had been appointed to the company's board of directors.
2020
ConocoPhillips and South Lafourche Levee District collaborate on levee enhancement
ConocoPhillips and the South Lafourche Levee District worked together on a levee enhancement project, raising approximately 2,200 feet of the D-South levee by 4.5 feet and expanding part of a drainage canal.
2020
ConocoPhillips reports second-quarter production curtailments
ConocoPhillips reported that its second-quarter production curtailments were primarily related to oil and averaged approximately 225,000 barrels of oil equivalent per day net. It said the curtailments were mainly in the Lower 48, Alaska, and Surmont in Canada, with the remainder primarily in Malaysia.
2020
Santos completes acquisition of ConocoPhillips Australia-West assets
Santos completed its acquisition of ConocoPhillips' subsidiaries holding Australia-West assets and operations for US$1.265 billion plus a contingent US$200 million payment tied to a final investment decision on Barossa. The companies had agreed to reduce the upfront payment and increase the contingent payment.
2020
ConocoPhillips revises 2020 capital budget downward
ConocoPhillips announced that it had revised downward its 2020 capital budget amid weak crude pricing.
2020
ConocoPhillips completes Niobara and Waddell Ranch asset sales
ConocoPhillips reported that it completed two transactions to sell its Niobara and Waddell Ranch assets; it did not identify the buyers.
2019
ConocoPhillips files lawsuit alleging $7.2 million embezzlement
ConocoPhillips lawyers filed a lawsuit against former employee Forrest Wright, an Anchorage police officer and relatives. The claim alleges that Wright created fake contracting firms and submitted fraudulent invoices to steal at least $7.2 million; these are allegations in the lawsuit.
2019
Santos announces acquisition of ConocoPhillips' North Australia project interests
Santos announced that it would purchase interests in ConocoPhillips' North Australia project for $1.465 billion. The transaction remained subject to third-party consents and regulatory approval.
2019
Harbour Energy completes acquisition of ConocoPhillips’ U.K. oil and gas business
Harbour Energy completed its acquisition of ConocoPhillips’ U.K. oil and gas business. The source does not specify when the completion occurred.