ConocoPhillips

A World Bank arbitration panel lowered an initial $8.7 billion award to U.S. oil company ConocoPhillips as compensation for Venezuela's 2007 expropriation of its assets to $8.5 billion, according to a decision dated August 29 posted online.

Liquefied natural gas producer ConocoPhillips announced new production sharing contracts with East Timor for the ageing Bayu Undan gas field on Saturday, following the implementation of a new maritime border with Australia.

* ConocoPhillips has sold 650,000 barrels of October-loading East Timor's Bayu Undan condensate at a discount of about $3.5 a barrel to dated Brent, three trade sources said on Tuesday

ConocoPhillips <COP.N> missed Wall Street estimates for quarterly profit on Tuesday as it spent more than expected and took a hit from lower crude prices due to fears of a slowing global economy.

Independent oil and gas producer ConocoPhillips reported an 11.6% drop in quarterly profit on Tuesday, hit by weaker crude prices.

* ConocoPhillips has sold 300,000 barrels of Malaysia's Kimanis condensate to Exxon Mobil for September-loading, two trade sources told Reuters on Friday.

Indonesia has agreed to extend the production sharing contract for the Corridor natural gas block with ConocoPhillips, Spain's Repsol SA and Pertamina [PERTM.UL], Deputy Energy Minister Arcandra Tahar said on Monday.

Indonesia has agreed to extend the production sharing contract for the Corridor natural gas block with ConocoPhillips, Spain's Repsol SA and Pertamina, Deputy Energy Minister Arcandra Tahar said on Monday.

Norway's wealth fund will have to divest its holdings in ConocoPhillips and Hess after both U.S. oil companies were added to a list which effectively excludes them from the Nordic country's portfolio.

Norway's wealth fund will no longer be able to invest in ConocoPhillips and Hess after a list used to decide which energy firms must be excluded was updated to include both U.S. oil companies from later this month.

Liquefied natural gas (LNG) producers ConocoPhillips and Woodside Petroleum expect prices for the commodity to pick up in the short term, pulling away from three-year lows that were hit after a mild northern hemisphere winter.

ConocoPhillips expects current weak global liquefied natural gas (LNG) prices to improve as growing demand soaks up the excess supply in the market, the company's chief executive said on Tuesday.

ConocoPhillips Chief Executive Officer Ryan Lance on Tuesday repeated a pledge to restrain spending, saying the U.S. oil producer would not be drawn into pricey mergers and acquisitions.

ConocoPhillips beat quarterly profit estimates on Tuesday, benefiting from higher output from its U.S. shale assets, in a vote of confidence in the oil producer's strategy to refocus its investments in the lucrative Permian, Eagle Ford and Bakken areas.

U.S. oil producer ConocoPhillips said on Tuesday its first-quarter adjusted profit was marginally higher, as expenses ate into gains from higher production.

* Awarded a Significant Integrated EPCI (iEPCI™) Contract for the ConocoPhillips TOR II Development

The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday:

U.S. energy group ConocoPhillips has agreed to sell its oil and gas assets in the British North Sea to private equity-backed Chrysaor for $2.68 billion, Conoco said on Thursday, making Chrysaor the biggest producer in the region this year.

U.S. energy group ConocoPhillips has sold its assets in the British North Sea to private equity-backed Chrysaor for $2.675 billion, Conoco said on Thursday.