Articles Tagged "conoco"

ConocoPhilips cuts spark talk of next price spike

ConocoPhillips Chief Executive Jim Mulva didn’t mince words with Wall Street analysts when, in the face of a dwindling economy and lower hevay oil prices, he outlined the oil major’s nearly $2 billion cut in capital spending for 2009 and other belt-tightening measures. Mulva stated: We believe our decisions, actions and plans will enable us [...]