ConocoPhillips competes with ExxonMobil, sold assets in Oklahoma, and profits were buoyed by high oil prices from the Iran war.
2 reports, 1 independent
Updated Aug 6
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What happened
ConocoPhillips competes with ExxonMobil, sold assets in Oklahoma, and profits were buoyed by high oil prices from the Iran war.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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ConocoPhillips
American oil and gas company
Nothing else this week.
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ExxonMobil
American multinational oil and gas corporation
- Rivalry over Strategic Petroleum Reserve management amid geopolitical tensions in the Persian Gulf is driving up oil prices due to the Iran conflict.
- ExxonMobil and Brookfield Renewable are expanding globally, increasing production in Guyana and Africa, while monitoring Brent crude prices and Middle East volatility.