<div><p> US oil giant ConocoPhillips has agreed to pay up to 9.6 billion dollars (7.95 billion US) for a half stake in a natural gas project owned by Origin Energy in Australia, the companies said Monday.</p><p>Origin told the Australian stock exchange that ...
<div><p>Australia's Origin Energy bolstered its defences today against the hostile &#163;6bn (&#163;6.2bn) bid from Britain's BG Group with a plan to spin off its key coal-seam gas (CSG) assets into a joint venture with ConocoPhillips.</p><p>Conoco will put $8bn ...
<div><p>Australia's Origin Energy bolstered its defences yesterday against the hostile &pound;6bn (&pound;6.2bn) bid from Britain's BG Group with a plan to spin off its key coal-seam gas (CSG) assets into a joint venture with ConocoPhillips.</p><p>Conoco will put $8bn ...
<div id="subtitle">UK gas producer BG Group abandons hostile takeover bid for Australia's Origin Energy</div><div><p>British natural gas producer BG Group PLC on Tuesday abandoned its hostile takeover bid for Origin Energy Ltd., Australia's second-largest power retailer.</p><p>BG Group, Britain ...
<div id="subtitle">Energy stocks tumble as falling crude, natural gas prices zap fuel that once had them roaring</div><div><p>Energy stocks plunged Friday as crude and natural gas prices dropped to levels not seen in more than a year.</p><p>The sector has fallen ...
<div id="subtitle">Oil price rise from 2007 to 2008 boosts revenue</div><div><p>ConocoPhillips (NYSE: COP, Stock Forum) today announced Q3 net income of $5.12 billion, or $3.39 a share, versus $3.67 billion, or $2.23 a share, for the same quarter in 2007. Revenue was up ...
<div id="subtitle">ConocoPhillips third-quarter profit rises significantly on record crude prices</div><div><p>Record crude prices this summer helped ConocoPhillips' third-quarter profit soar 41 percent from a year ago, as the company overcame lower oil and natural gas output caused by two hurricanes.</p><p>The ...
<div id="subtitle">Buffett forecasts end to recession but uncertain on timing</div><div><p>Billionaire Warren Buffett says the latest recession really shook up Americans' confidence but he sees the economic slide ending.</p><p>The head of Berkshire Hathaway Inc. said Monday that he can't ...
<div id="subtitle">Warren Buffett's Berkshire Hathaway reports a $1.5B 1Q loss, writes down ConocoPhillips stake</div><div><p>Warren Buffett's company reported a $1.5 billion first-quarter loss as it wrote down its ConocoPhillips investment and unrealized derivative losses helped drag Berkshire Hathaway's results below last year ...
<div><p>NEW YORK (Reuters) - Warren Buffett's Berkshire Hathaway Inc posted its first quarterly loss since 2001, hurt by losses on derivative contracts, a big investment in the oil company ConocoPhillips, and the weakening economy.</p><p>The net loss for the Omaha, Nebraska-based insurance and ...
