LNG - 18 February 2016

Teekay GP LLC has announced that the partnership generated distributable cash flow of US$61.5 million in 4Q15, compared to US$69 million in the same period in the previous year.

ConocoPhillips has announced a number of executive leadership changes, as Jeff Sheets prepares to step down as Executive Vice President, Finance and Chief Financial Officer.

Origin Energy has reported a 1H16 loss of $254 million compared to $25 million in 1H15.

Woodside Energy has entered into an agreement to acquire a 65% participating interest in a Production Sharing Contract and associated joint operating agreement in the AGC Profond block.

FMC Technologies has reported a 34% decline in 4Q15 compared to the corresponding period of last year.

Bill Walker – the Governor of Alaska – and partners of the Alaska LNG project – BP, ExxonMobil and ConocoPhillips – have announced that they will explore ways to advance the project amidst the current fiscal environment.