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 Energy: Australia LNG Project On Time, Within Budget

SYDNEY -(Dow Jones)- Origin Energy Ltd. (ORG.AU) said Friday there has been no change to the underlying cost estimate of its US$14 billion Australian gas-export joint venture project. "The Australia Pacific LNG project is progressing on schedule to deliver first gas in 2015 and there has been no change in the cost of the underlying activities for the project, based on currency splits at the time of (final investment decision)," a spokeswoman for Origin said in an e-mailed statement. BG Group PLC (BG.LN), which is building a rival Australian liquefied natural gas project in Queensland state, on Thursday announced a budget overrun of $5.4 billion, or 36%, to $20.4 billion. Origin's project partners are ConocoPhillips (COP) and China Petroleum & Chemical Corp. (0386.HK), or Sinopec. Origin shares were down 2% at 0208 GMT and Santos Ltd. (STO.AU), which is involved in another rival LNG project, was down 3.5% . The share price declines also come after West Texas Intermediate crude settled 2.6% lower Thursday at US$102.54 a barrel. The Origin venture in July gave the green light for construction of their project's first phase, which the Australian energy company said will cost $14 billion to complete. The initial phase will include building the first of two planned LNG processing units, or trains, and some infrastructure to support the second train. A full two-train project is expected to cost $20 billion, Origin said at the time. A spokesman for Santos wasn't immediately available for comment. -By Ross Kelly, Dow Jones Newswires; 61-2-8272-4692; Ross.Kelly@dowjones.com

Stock News for Conocophillips (COP)
DateTimeHeadline
12/05/201621:40:00Origin to Sell Oil-and Gas Operations Through IPO
12/02/201615:54:31Statement of Changes in Beneficial Ownership (4)
12/02/201615:25:35Statement of Changes in Beneficial Ownership (4)
12/02/201615:22:38Statement of Changes in Beneficial Ownership (4)
12/02/201615:17:14Statement of Changes in Beneficial Ownership (4)
11/10/201607:00:00ConocoPhillips Analyst and Investor Meeting to Outline Strategy...
11/02/201615:15:39Statement of Changes in Beneficial Ownership (4)
11/02/201615:13:18Statement of Changes in Beneficial Ownership (4)
11/02/201615:10:41Statement of Changes in Beneficial Ownership (4)
11/02/201615:06:45Statement of Changes in Beneficial Ownership (4)
11/02/201609:25:00ConocoPhillips to Hold Analyst & Investor Meeting on Nov. 10...
11/01/201610:58:43Quarterly Report (10-q)
10/28/201616:00:00ConocoPhillips Completes Sale of Exploration Blocks Offshore...
10/28/201613:50:00Energy Slump Mars Exxon, Chevron Results
10/28/201603:03:00ConocoPhillips Takes Hit With Wider Loss -- WSJ
10/27/201608:40:00ConocoPhillips Revenue Slides
10/27/201608:38:00ConocoPhillips Revenue Slides
10/27/201607:46:25Current Report Filing (8-k)
10/27/201607:00:00ConocoPhillips Reports Third-Quarter 2016 Results; Strong Operational...
10/06/201616:35:00ConocoPhillips Announces Quarterly Dividend

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 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US