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
03/31/201507:52:10ConocoPhillips said to plan ~$2.5B investment in Indonesia
03/30/201509:33:29Investment Potential Of Top 10 U.S. Natural Gas Producers
03/30/201509:04:56Oil Peaks And Valleys: Why Big Oil Is A Bargain
03/29/201507:38:02Why Oil And Airlines Mix
03/29/201507:11:28Dive Into ConocoPhillips After The Oil Crash
03/28/201523:19:12A Day In The Life
03/28/201512:05:02The Biggest Mergers and Acquisitions in Oil Stocks
03/28/201502:11:30Dividend Achievers Top 20 Hits The Mark, Again
03/27/201508:06:24Additional Proxy Soliciting Materials (definitive) (defa14a)
03/27/201507:41:39Market Is Not Out Of The Woods Yet - Cramer's Mad Money (3/26/15)
03/26/201518:22:19Venezuela again seeks to recuse arbitrators in ConocoPhillips...
03/26/201507:31:37The United States Shale Boom: The Reasoning For The Low Price...
03/26/201504:55:30Pfizer Is An Outright Buy - Cramer's Lightning Round (3/25/15)
03/23/201503:59:01Oil And Gas Trust Value Rankings, Q4 2014
03/22/201519:38:50U.S. Oil Export Ban: Are There Reasons Not To Repeal?
03/22/201509:02:26Crude Oil: Why A 'Storage Crisis' Might Not Be So Bad After All
03/21/201515:59:04Retirement Strategy: The Reward Of More Income Is Worth The Risk...
03/21/201502:28:01Take These Dividends And Call Me In The Morning: Inoculation...
03/19/201522:25:2910 Tough Contender Dividend Dogs Deal 13% To 39% Mid-March Upsides
03/19/201520:25:18Better 4% Dividend Stock: ConocoPhillips Or Occidental Petroleum?

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