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ConocoPhillips says its Willow project will start producing oil in early 2029 and has added more LNG deals.

MarketRead the original at tradingview.com
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ConocoPhillips says Willow remains on schedule, with module work over 75% complete, and its LNG contracts now cover 13 million tons yearly. The $7 billion cash improvement is still only a goal for 2029, but project progress and added contracts support growth.

COP · ConocoPhillips

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The AI's read

The project’s progress and added LNG agreements give ConocoPhillips more planned ways to bring oil and gas to market. The expected $7 billion cash improvement is still a goal, and Willow is not scheduled to start producing until 2029. Still, the work completed and added contracts make this update favorable for the company.

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