ADVFN - Advanced Financial Network.
HOME» NYSE » C » COP Stock Price » COP Stock News

Conocophillips Share News

 Conocophillips Stock Price
COP Stock Price
 Conocophillips Stock Chart
COP Stock Chart
 Conocophillips Stock News
COP Stock News
 Conocophillips Company Information
COP Company Information
 Conocophillips Stock Trades
COP Stock Trades

Origin Agrees To Sell Gas To Rival Australian LNG Project

SYDNEY -(Dow Jones)- Origin Energy Ltd. (ORG.AU) has agreed to sell some of its vast coal seam gas reserves in Australia's Queensland state to a joint venture building a rival gas-export project on the coast. The Australian company is building its own liquefied natural gas project with ConocoPhillips (COP) and China Petroleum and Chemical Corp. and has proven up more gas reserves than three rival ventures also planning to build LNG plants at the port of Gladstone. Origin said it will sell some of its gas to Gladstone LNG, a joint venture between Australia's Santos Ltd. (STO.AU), France's Total SA (TOT), Korea Gas Corp. (036460.SE) and Malaysia Petroliam Nasional Bhd. Under the agreement, Origin will supply Gladstone LNG with 365 petajoules of gas over 10 years from 2015. Origin said the deal, for which a price hasn't been disclosed, gives Origin the option to call back 1.825 petajoules of gas a year during periods of high domestic gas or electricity demand. The deal will cool analysts' concerns that Santos won't be able to prove up enough gas for its LNG joint venture. Origin has already agreed to sell gas to BG Group PLC's (BG.LN) rival LNG project at Gladstone. -By Ross Kelly, Dow Jones Newswires; 61-2-8272-4692; Ross.Kelly@dowjones.com

Stock News for Conocophillips (COP)
DateTimeHeadline
04/26/201509:17:43MARKET SNAPSHOT: Apple, Energy, Health Care Earnings To Dominate...
04/23/201513:55:32Notice of Exempt Solicitation. Definitive Material. (px14a6g)
04/23/201512:52:33BP to Sell Interest in UK North Sea Business
04/23/201512:48:05BP to Sell 36.22% Interest in UK North Sea CATS Business for...
04/23/201512:00:02How The Majors Are Playing the Oil Price Slump
04/22/201514:44:08U.S. Oil Industry's Battle Cry: Exports Now!
04/22/201509:56:23ConocoPhillips Expects $142 Million in Dry-Hole Expenses
04/22/201508:44:00ConocoPhillips Updates Angola and Gulf of Mexico Drilling Results
04/22/201504:49:10ConocoPhillips Coverage Initiated by Analysts at Nomura (COP)
04/22/201504:35:10ConocoPhillips Stock Rating Lowered by Edward Jones (COP)
04/21/201511:00:02Who Is Saudi Arabia Really Targeting in Its Price War?
04/20/201500:35:21Correction to Oil Drillers Plot Survival Plan Article
04/19/201523:12:14Oil Drillers Plot Survival Plan
04/19/201516:58:28Oil Drillers Plot Survival Plan
04/19/201510:18:035 Megatrends in Energy
04/19/201510:04:0310 Largest Companies by Market Cap in Oil
04/13/201517:59:00ConocoPhillips - A High-Quality E&P With A 4.40% Yield
04/13/201511:56:19Reuters: ConocoPhillips planning U.S. asset sales
04/13/201511:26:31Energy Looks Compelling... Even With Low Expectations
04/13/201502:30:30ConocoPhillips' New 3-Year Plan

Conocophillips and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad