In the latest trading session, ConocoPhillips (COP) closed at $50.79, marking a -0.14% move from the previous day.
Oakmark Funds, an investment management firm, published its “Oakmark Fund” first quarter 2021 investor letter – a copy of which can be seen here. A return of 15.5% was reported by the fund in the Q1 of 2021, outperforming its S&P 500 benchmark that delivered a 6.2% return for the same period. You can view […]
China's offshore oil and gas major CNOOC Ltd has put out a fire at a production platform in Bohai Bay and is focusing its efforts on searching for three people who went missing, the firm said on Friday. In a filing to the Hong Kong stock exchange, the company said Monday's fire at the V29 well of its V platform off China's northern coast was put out the following day. The blaze broke out as CNOOC took emergency measures to contain "shallow gas" that overflowed during a drilling operation, the firm added, but with no oil spill so far.