Conocophillips

Earnings Numbers Show Need for BP to Split

BP announced second quarter earnings of 5.3 billion on Tuesday, a stark contrast from last year's second quarter loss of $17.15 billion, behind profits from skyrocketing oil prices.

Sinopec, Australia Pacific in 20-yr LNG deal

China's Sinopec clinched the second-largest single Chinese liquefied natural gas deal, and ventured for the first time into a foreign unconventional gas asset to feed a domestic boom for the clean fuel.

BP, Total among winners of Angola deepwater blocks

BP, Total, Eni and other international majors were awarded concessions to explore in Angola's ultra-deep water blocks known as pre-salt blocks, Angola's state-owned oil firm Sonangol said on Monday.

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