Conocophillips

French oil company Total SA said Wednesday its first-quarter net profit jumped 18 percent as record oil prices made up for the weak dollar and a drop in refining margins.

Exxon Mobil, the world's largest publicly traded oil company, on Thursday posted a $10.89 billion first-quarter profit, boosted by surging oil prices.

High oil and natural gas prices pushed ConocoPhillips' first-quarter profits up 17 percent, the Houston-based company said today on Thursday.

Energy giant ConocoPhillips said it expects to seal a $10 billion sour gas deal with Abu Dhabi National Oil Company, the world's third largest oil exporter, according to media reports.

BP and ConocoPhillips announced plans on Tuesday to combine resources and form the Alaska Gas Pipeline, which will produce approximately 4 billion cubic feet of natural gas per day to markets and cost at least $20 billion.

U.S. stocks dropped on Wednesday, failing to extend the market's best day in nearly five years led mainly by energy and mining companies as oil dropped more than $4 a barrel while gold fell the most in nearly two years.

U.S. stocks were lower on Thursday, after fluctuating during the day, with a rise in energy sector stocks but disappointment in quarterly earnings at retailers.

Chevron Corp's third-quarter earnings fell more than 25 percent, missing analyst estimates on sharply lower profits from gasoline production.

ConocoPhillips Chief Executive James Mulva said on Wednesday he was encouraged by the ongoing talks with Venezuela on reaching a compensation deal over the seizure of the oil company's assets there.

Exxon Mobil, ConocoPhillips and Chevron Corp. will likely participate in India's seventh round of auctions under the New Exploration Licensing Policy (NELP), the Business Standard said on Sunday.

British Petroleum's shutdown of the largest United States oil field has could cause California gas prices to rise.

ConocoPhillips, the third largest U.S. oil company, released its earnings for the second quarter of 2006 on Thursday, showing a surge in net profit attributed to the inclusion of the recently acquired Burlington Resources and high oil prices.

Anadarko Petroleum Corp.'s blockbuster $21 billion move on Friday to buy two sizeable U.S. oil and gas companies signals that a rush is on to grab energy assets, even with their lofty price tags.