APLNG gives hope as Conoco burns through cash

THE Australia Pacific LNG project is boosting analysts' confidence about ConocoPhillips despite the US major burning through nearly half of its previous $US5 billion cash pile in the last quarter alone.

APLNG gives hope as Conoco burns through cash APLNG gives hope as Conoco burns through cash APLNG gives hope as Conoco burns through cash APLNG gives hope as Conoco burns through cash APLNG gives hope as Conoco burns through cash

The US major swung from a profit of $2.

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