ConocoPhillips is Alaska’s largest crude oil producer and one of the largest owners of state, federal and fee exploration leases, with approximately 1 million net undeveloped acres at year-end Learn more about ConocoPhillips through our reports and publications.
Kinney, and Justin J. Stockburn of Delta Constructors for a consideration of 2,, shares of stock. The acquisition gave Conoco the red bar-and-triangle logo previously used by Marland. Conoco used the logo between and , when the current red capsule logo was adopted. In Conoco Inc. Numerous state corporation filings are identified "Continental Oil Co.
Merger of San Jacinto Petroleum Corp. The move prompted a petition campaign by fans hoping to save the historic 76 orange ball signage. On May 10, , Richard Armitage , former deputy-secretary of the U.
State Department, was elected to the board of directors of the ConocoPhillips oil company. In late , the company announced asset sales to increase investor returns.
Included are debt reduction and stock buy back. ConocoPhillips intends to implement a floating liquefied natural gas facility by —, and has completed quantitative risk analysis of a design that will undergo pre-feed study in On July 14, , ConocoPhillips announced its intent to separate the company's upstream and downstream businesses into two stand-alone, publicly traded corporations, with the intent of maximizing shareholder value.
As a result, it also led to a reduction of close to 30 percent of its proved oil and gas reserves. ConocoPhillips focuses solely on exploring for, developing and producing oil and natural gas globally.
The company manages its operations through six operating segments, which are defined by geographic region: In , ConocoPhillips acquired an interest in It currently owns 8. However the company seeks to reduce its non-core assets in order to use the cash for debt reduction, fund its capital program, and dividend payments. On October 3, , the Kazakh Oil and Gas Minister told reporters that ConocoPhillips has informed Kazakhstan of their intention to sell their shares.
The stake buy is subject to approval of governments of Kazakhstan and India and also to other partners in the Caspian Sea field waiving their pre-emption rights. Governor of Oklahoma Frank Keating said that the move to Houston was "regrettable. In the headquarters will move to Energy Center Four. Comprised as follows as of May On April 11, , it became the first U. Climate Action Partnership , an alliance of big business and environmental groups.
The partnership in January had advised President George W. Bush that mandatory emissions caps would be needed to reduce the flow of carbon dioxide and other heat-trapping gases into the atmosphere.
Climate Action Partnership in February, In , ConocoPhillips was ranked as being among the 12th best of 92 oil, gas, and mining companies on indigenous rights in the Arctic. Media related to ConocoPhillips at Wikimedia Commons. From Wikipedia, the free encyclopedia. Houston Energy Corridor , Houston , Texas. ConocoPhillips' involvement in Malaysia began in and consists of interests in six blocks in varying stages of exploration, development and production. ConocoPhillips has a significant production and exploration position in the Norwegian sector of the North Sea.
ConocoPhillips has had activities in the United Kingdom since , when acreage was awarded to the company in the first licensing round. About Us Expand Navigation. Our Approach to Engaging Stakeholders. Our online publication provides readers with a closer look into every aspect of the company. Sustainability Approach Sustainable development is about conducting our business to promote economic growth, a healthy environment and vibrant communities, now and into the future.
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All about Ekofisk, Norway's first major oil discovery, and our history in the country. From Wikipedia, the free encyclopedia.
Environmental Mapping of the Sea October 11, Retrieved Mar 28,