news.yahoo.com - 1/14/2009
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HOUSTON (Reuters) U.S. analysts said on Tuesday that ConocoPhillips ( COP .N) may need to take a big write-down in the fourth quarter related to its investment in Russian oil major Lukoil ( LKOH.MM ), as weakness in the crude oil market and other factors sap the value of the venture. Conoco may ...
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DrumBeat: January 14, 2009
The Oil Drum - Discussions about Energy and Our Future —
... but its cost could be greater than policymakers realize, the chief executive of oil company ConocoPhillips said Tuesday.
"We agree that we must reduce the environmental footprint of energy production and consumption. But we must be realistic about the cost of green energy ... (and) about its true potential and how long it will take for commercial-scale supply contributions," ConocoPhillips Chairman and CEO Jim Mulva said in a speech at the National Press Club.
Conoco may take fourth-quarter writedown for Lukoil: analysts
HOUSTON (Reuters) – ...
DrumBeat: January 14, 2009
The Oil Drum - Discussions about Energy and Our Future —
... but its cost could be greater than policymakers realize, the chief executive of oil company ConocoPhillips said Tuesday.
"We agree that we must reduce the environmental footprint of energy production and consumption. But we must be realistic about the cost of green energy ... (and) about its true potential and how long it will take for commercial-scale supply contributions," ConocoPhillips Chairman and CEO Jim Mulva said in a speech at the National Press Club.
Conoco may take fourth-quarter writedown for Lukoil: analysts
HOUSTON (Reuters) – ...
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