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ConocoPhillips Q2 Results Climb On Higher Prices; Names New CEO, CFO

ConocoPhillips Q2 Results Climb On Higher Prices; Names New CEO, CFO

Energy major ConocoPhillips reported Thursday higher profit and revenues in its second quarter, primarily due to higher prices, despite weak production. Further, the firm issued third-quarter production view, and backed fiscal 2026 outlook. Separately, the Houston-based oil and gas producer announced the appointment of current Chief Financial Officer Andy O'Brien as its next President and CEO.
RTTNews | 35 منذ أيام
Marathon Oil To Pay $241.5 Mln In Pollution Penalties

Marathon Oil To Pay $241.5 Mln In Pollution Penalties

Marathon Oil Co., which is in deal to be bought by ConocoPhillips in $22.5 billion all-stock deal, has agreed to a settlement with the U.S. Government regulators and to pay $241.5 million in penalties over climate- and health-harming emissions in North Dakota. The settlement with the U.S. Environmental Protection Agency or EPA and Department of Justice includes largest ever civil penalty...
RTTNews | 791 منذ أيام