Home Exclusive: ConocoPhillips to launch U.S. asset sales - sources
 

Keywords :   


Exclusive: ConocoPhillips to launch U.S. asset sales - sources

2015-04-13 18:49:16| Oil & Gas - Topix.net

ConocoPhillips is preparing the sale of noncore oil and gas producing acreage in the United States, in the latest sign that oil majors are becoming more accepting of lower oil prices, according to people familiar with the matter. While the world's oil and gas companies have been looking to buy assets on the cheap since oil prices plummeted, epitomized by Royal Dutch Shell Plc's agreement earlier this month to buy BG Group Plc for $70 billion, they have been reluctant to sell assets in case oil prices recover and they can fetch more.

Tags: sales sources exclusive launch

Category:Energy and Environment

Latest from this category

All news

24.11S
24.11
24.115
24.11SR
24.11 RC24.4.5
24.11115+128717dz
24.11lavaSUKALA 3
24.11508A
Energy and Environment »
24.11S
24.11
24.115
24.11SR
24.11 RC24.4.5
24.11115+128717dz
24.11lavaSUKALA 3
24.11508A
More »