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    Apr 27, 2012 |Story| KTUU

  1. "Limbo" Special Session Holds Hearings -- Bombshell Testimony on Point Thomson Given

    With the the 30-thousand-dollar-a-day legislative session still in limbo, committee hearings were held.
    With the the 30-thousand-dollar-a-day legislative session still in limbo, committee hearings were held. Though no laws can be passed, now that the Senate has adjourned, two Senate Committees did examine two important issues: the high cost of energy in...

    Tags: Natural Resources, Petroleum Industry, Bill Walker, Home Heating, Executive Branch

    2. May 1, 2012 |Story| CNN

  2. Frustrated with high oil prices, Delta buys a refinery

    Delta Air Linesannounced plans Monday to purchase an oil refinery outside of Philadelphia, a novel approach to reducing its fuel costs.
    CNN Money
    Delta Air Linesannounced plans Monday to purchase an oil refinery outside of Philadelphia, a novel approach to reducing its fuel costs. A Delta spokesman said the company believes the purchase is the first of its kind by a major U.S. airline. Delta will...

    Tags: Economy, Business and Finance, Petroleum Industry, Saudi Arabia, Richard Anderson, Companies and Corporations

    3. May 1, 2012 |Story| WPMT-LTV

  3. PA Commonwealth Helps Delta Subsidiary Acquire Trainer Refinery Complex

    Governor Tom Corbett today announced that commonwealth support will enable Delta Air Lines’ wholly-owned subsidiary, Monroe Energy LLC, to acquire the ConocoPhillips refinery in Trainer, preserving hundreds of direct jobs and thousands of jobs in related industries.  
    Governor Tom Corbett today announced that commonwealth support will enable Delta Air Lines’ wholly-owned subsidiary, Monroe Energy LLC, to acquire the ConocoPhillips refinery in Trainer, preserving hundreds of direct jobs and thousands of jobs in...

    Tags: Delta Air Lines, Delaware County, Tom Corbett, Executive Branch, Government

    4. May 5, 2012 | Los Angeles Times

  4. In Bangladesh, Clinton to focus on democracy and development

    World Now
    Clinton Bangladesh Democracy: Clinton in Troubled Bangladesh on Democracy, Development...
    5. Mar 29, 2012 |Story| KTUU

  5. A Tale of 2 Taxes

    An Alaska lawmaker -- who has done an analysis of the state's tax structure for oil companies -- says there is evidence that questionable negotiating skills have cost Alaska dearly in oil tax revenues. Senator Bill Wielechowski (D-Anchorage) analyzed a...

    Tags: Economy, Business and Finance, Petroleum Industry, Companies and Corporations, Finance, Upstream Oil and Gas Activities

    6. Mar 30, 2012 |Story| KTUU

  6. Anchorage Baptist Temple Plans to Build 230-Foot-Tall Cross

    The Anchorage Baptist Temple is exploring the option of adding a new landmark to the skies over East Anchorage by the end of next year: a 230-foot-tall cross built on its property that could be the world's tallest, according to <a href="https://oeaaa.faa.gov/oeaaa/external/cr.jsp?ASN=2012-AAL-97-OE&amp;euid=T8b%2BhvueJG%2B74mtJKRuQVQ%3D%3D">a request for an aeronautical study filed Feb. 24 with the Federal Aviation Administration.</a>
    Channel 2 News
    The Anchorage Baptist Temple is exploring the option of adding a new landmark to the skies over East Anchorage by the end of next year: a 230-foot-tall cross built on its property that could be the world's tallest, according to a request for an...

    Tags: Christianity, Tour Operations Industry, Religion and Belief, Air Transportation Industry, Federal Aviation Administration

    7. Apr 20, 2012 |Story| KTUU

  7. Alaska's Revenue Commissioner Gets Tough Questioning From State Senators

    "Same pig, different lipstick."
    "Same pig, different lipstick." That's what one Alaska State Senator said Friday after a hearing in which the Department of Revenue described the Governor's new tax plan to the Senate Resources Committee. The colorful comment was meant to convey a...

    Tags: Economy, Business and Finance, Petroleum Industry, Ken Hollis, Companies and Corporations, Executive Branch

    8. Apr 23, 2012 |Story| AP Broadcast

  8. ConocoPhillips 1Q Profit Drops 3 Pct

    ConocoPhillips said Monday that its first-quarter profit dropped 3 percent due to a decline in production following the sale of billions of dollars of oil fields and other assets.The Houston company reported earnings of $2.94 billion, or $2.27 per share, from January to March. That compares with $3.03 billion, or $2.09 per share, in the same part of 2011. Revenue was flat at $58.4 billion.Excluding special items, ConocoPhillips said adjusted earnings were $2.02 per share. Analysts, who typically exclude special items, were expecting earnings of $2.08 per share on revenue of $60 billion, according to FactSet.ConocoPhillips has shed more than $20 billion in assets since 2010 as part of a plan to split into separate companies. One company will keep the ConocoPhillips name and focus on exploration and production. The other company, Phillips 66, will specialize in refineries and pipelines.CEO Jim Mulva will retire following the split on May 1.With fewer producing assets, ConocoPhillips' oil and natural gas production dropped by 3.8 percent to 1.64 million barrels of oil equivalent per day in the first quarter. The company's oil platforms also were temporarily suspended off the coast of China because of an oil spill.The company sold crude oil for higher prices in the quarter, but natural gas prices declined.ConocoPhillips' refineries also sold less gasoline, diesel and other petroleum products in the period. Total refining sales dropped by 11.2 percent. Refining profit fell by 6.2 percent overall. Its midstream business, which includes pipelines, increased profits 27.4 percent, and its chemicals business boosted profits by 13 percent.Shares fell by 81 cents to $72.07 in morning trading.NEW YORK (AP) - ConocoPhillips said Monday that its first-quarter profit dropped 3 percent due to a decline in production following the sale of billions of dollars of oil fields and other assets.The Houston company reported earnings of $2.94 billion, or $2.27 per share, from January to March. That compares with $3.03 billion, or $2.09 per share, in the same part of 2011. Revenue was flat at $58.4 billion.Excluding special items, ConocoPhillips said adjusted earnings were $2.02 per share. Analysts, who typically exclude special items, were expecting earnings of $2.08 per share on revenue of $60 billion, according to FactSet.ConocoPhillips has shed more than $20 billion in assets since 2010 as part of a plan to split into separate companies. One company will keep the ConocoPhillips name and focus on exploration and production. The other company, Phillips 66, will specialize in refineries and pipelines.CEO Jim Mulva will retire following the split on May 1.With fewer producing assets, ConocoPhillips' oil and natural gas production dropped by 3.8 percent to 1.64 million barrels of oil equivalent per day in the first quarter. The company's oil platforms also were temporarily suspended off the coast of China because of an oil spill.The company sold crude oil for higher prices in the quarter, but natural gas prices declined.ConocoPhillips' refineries also sold less gasoline, diesel and other petroleum products in the period. Total refining sales dropped by 11.2 percent. Refining profit fell by 6.2 percent overall. Its midstream business, which includes pipelines, increased profits 27.4 percent, and its chemicals business boosted profits by 13 percent.Shares fell by 81 cents to $72.07 in morning trading.
    Channel 2 News
    ConocoPhillips said Monday that its first-quarter profit dropped 3 percent due to a decline in production following the sale of billions of dollars of oil fields and other assets.The Houston company reported earnings of $2.94 billion, or $2.27 per share,...

    Tags: Gasoline Industry, Economy, Business and Finance, Energy Resources, Natural Resources, Earnings

    9. Mar 20, 2012 |Story| KTUU

  9. "Big 3" North Slope Producers to Testify About Oil Tax Plan Before Alaska Senate

    On Wednesday morning, the State Senate will listen to testimony from the big 3 oil producers on Alaska's North Slope.
    Channel 2 News
    On Wednesday morning, the State Senate will listen to testimony from the big 3 oil producers on Alaska's North Slope. The three are in favor of a big oil tax reduction bill proposed by Governor Sean Parnell (R) Alaska. Known as House Bill 110, the...

    Tags: Petroleum Industry, BP Plc, Executive Branch, Justice System, Regional Authority

    10. Feb 24, 2012 |Story| Reuters
  10. |Story
    11. Jan 30, 2012 |Story| Los Angeles Times
  11. |Story
    12. Feb 3, 2012 |Story| Reuters
  12. |Story
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ConocoPhillips Photos
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 » All 5 ConocoPhillips photos