ConocoPhillips Company is an international energy corporation with its headquarters located in the Energy Corridor district of
Houston, TexasHouston is the fourth-largest city in the United States and the largest city within the state of Texas. As of the 2008 U.S. Census estimate, the city has a population of 2.2 million within an area of 600 square miles . Houston is the seat of Harris County and the economic center of...
in the
United StatesThe United States of America is a federal constitutional republic comprising fifty states and a federal district...
. It is the fifth largest private sector energy corporation in the world and is one of the six "
supermajorThe term supermajor illustrates the six largest, non state-owned energy companies, as seen in popular financial news media around the world...
" vertically integrated oil companies. Its fuel stations are known by the Conoco,
Phillips 66The company that made Phillips 66 gasoline began in 1917 as Phillips Petroleum Company, founded by L.E. Phillips and Frank Phillips, of Bartlesville, Oklahoma. In 1927, the company's gasoline was being tested on U.S...
and
Union 7676 is a chain of gas stations located within the United States. The 76 brand is owned by ConocoPhillips. Union Oil Company of California, dba Unocal, the original owner and creator of the Union 76 brand merged with Chevron Corporation in 2005.In 1997, Unocal sold its western United States refining...
brands. ConocoPhillips was created through the merger of
Conoco Inc.Conoco Inc. was an American oil company founded in 1875 as the Continental Oil and Transportation Company. It is now a brand of gasoline and service station in the United States which belongs to the ConocoPhillips Company....
and the Phillips Petroleum Company on August 30, 2002.
ConocoPhillips employs approximately 33,800 people worldwide in nearly 40 countries.
ConocoPhillips Company is an international energy corporation with its headquarters located in the Energy Corridor district of
Houston, TexasHouston is the fourth-largest city in the United States and the largest city within the state of Texas. As of the 2008 U.S. Census estimate, the city has a population of 2.2 million within an area of 600 square miles . Houston is the seat of Harris County and the economic center of...
in the
United StatesThe United States of America is a federal constitutional republic comprising fifty states and a federal district...
. It is the fifth largest private sector energy corporation in the world and is one of the six "
supermajorThe term supermajor illustrates the six largest, non state-owned energy companies, as seen in popular financial news media around the world...
" vertically integrated oil companies. Its fuel stations are known by the Conoco,
Phillips 66The company that made Phillips 66 gasoline began in 1917 as Phillips Petroleum Company, founded by L.E. Phillips and Frank Phillips, of Bartlesville, Oklahoma. In 1927, the company's gasoline was being tested on U.S...
and
Union 7676 is a chain of gas stations located within the United States. The 76 brand is owned by ConocoPhillips. Union Oil Company of California, dba Unocal, the original owner and creator of the Union 76 brand merged with Chevron Corporation in 2005.In 1997, Unocal sold its western United States refining...
brands. ConocoPhillips was created through the merger of
Conoco Inc.Conoco Inc. was an American oil company founded in 1875 as the Continental Oil and Transportation Company. It is now a brand of gasoline and service station in the United States which belongs to the ConocoPhillips Company....
and the Phillips Petroleum Company on August 30, 2002.
Overview
ConocoPhillips employs approximately 33,800 people worldwide in nearly 40 countries. ConocoPhillips is the second-largest refiner in the United States, with crude oil processing capacity of approximately 2.0 MMBD; and the world’s fourth-largest nongovernment-controlled refiner, with crude oil processing capacity of nearly 2.7 MMBD globally.
History
- Conoco Inc. was an American
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
oil company founded in 1875 as the Continental Oil and Transportation Company. Based in Ogden, UtahOgden is a city in and the county seat of Weber County, Utah, United States. The population was 81,605 according to 2005 Census Bureau estimates. The city served as a major railway hub through much of its history, and still handles a great deal of freight rail traffic which makes it a convenient...
, the company was a coalCoal is a readily combustible black or brownish-black sedimentary rock normally occurring in rock strata in layers or veins called coal beds. The harder forms, such as anthracite coal, can be regarded as metamorphic rock because of later exposure to elevated temperature and pressure...
, oil, keroseneKerosene, sometimes spelled kerosine in scientific and industrial usage, also known as paraffin, is a combustible hydrocarbon liquid. The name is derived from Greek keros...
, grease and candles distributor in the West. Marland Oil CompanyMarland Oil Company was an American oil company founded in 1917, by Ponca City, Oklahoma oil exploration pioneer E. W. Marland when he assembled his various holdings including the 101 Ranch Oil Company into one unit, forming Marland Oil Company...
(founded by exploration pioneer E. W. MarlandErnest Whitworth Marland was an American lawyer, oil businessman, and politician who served as the tenth Governor of Oklahoma.-Career as an Oilman:...
) later acquired the assets (subject to liabilities) of Continental Oil Company, for a consideration of 2,317,266 shares of stock. On June 26, 1929, Marland Oil changed its name to Continental Oil Company and moved its headquarters to Ponca City, OklahomaPonca City is a city in Kay and Osage counties in the U.S. state of Oklahoma named after the Ponca Tribe. It is called Páⁿka Tʰáⁿwaⁿgthaⁿ in Ponca and Páⁿka Chína in Otoe, the languages of two nearby tribes. Located in north central Oklahoma, it lies south of the Kansas border and east of...
. The acquisition gave Conoco the red bar-and-triangle logo previously used by Marland. Conoco used the logo between 1930 and 1970, when the current red capsule logo was adopted.
- In 2005, ConocoPhillips began rebranding its (Union) 76
76 is a chain of gas stations located within the United States. The 76 brand is owned by ConocoPhillips. Union Oil Company of California, dba Unocal, the original owner and creator of the Union 76 brand merged with Chevron Corporation in 2005.In 1997, Unocal sold its western United States refining...
gas stations, which Phillips had acquired from Tosco CorporationTosco was an independent US based petroleum refining and marketing corporation. It was founded in 1955 in Santa Monica, California, and originally focused on extracting oil from oil shale and developing alternative energy sources.-Oil shale operations:In 1964 Tosco, Standard Oil of Ohio, and...
before the merger with Conoco. The move prompted a petition campaign by fans hoping to save the historic 76 orange ball signage. On January 20, 2007, a Wall Street Journal article on the petition campaign included a statement from ConocoPhillips that it was changing course and would save several dozen orange and blue 76 balls to give to museums. The company also announced that it would fabricate about 100 new 76 ball signs in the ConocoPhillips color scheme of red and blue, to be placed at select 76 stations.
- In March 2006, ConocoPhillips bought Wilhelmshavener Raffineriegesellschaft mbH in Germany.
- In March 2006, ConocoPhillips bought Burlington Resources
Burlington Resources, was an American oil and gas company. Their headquarters were in Houston, Texas. The company was acquired by ConocoPhillips in 2006....
.
- On May 10, 2006, Richard Armitage
Richard Lee Armitage, Honorary KCMG was the 13th United States Deputy Secretary of State, the second-in-command at the State Department, serving from 2001 to 2005....
, former deputy-secretary of the U.S. State Department, was elected to the board of directors of the ConocoPhillips oil company.
US Flag
Polar Tankers is the
US FlaggedThe United States Merchant Marine refers to the fleet of U.S. civilian-owned merchant ships, operated by either the government or the private sector, that are engaged in commerce or transportation of goods and services in and out of the navigable waters of the United States. The Merchant Marine is...
shipping arm of ConocoPhillips.
Endeavour Class
These vessels were built by
Avondale ShipyardAvondale Shipyard was an independent shipbuilding company, acquired by Litton Industries, in turn acquired by Northrop Grumman Corporation. Now, along with the former Ingalls Shipbuilding, the yard is known as Northrop Grumman Ship Systems. The yard is located on the West Bank of the Mississippi...
,
Northrop Grumman Ship SystemsNorthrop Grumman Ship Systems is a former sector or division of Northrop Grumman Corporation which was responsible for building small and medium shipping products...
in Avondale, LA. They are double hull type tankers of 894.7 ft long and 140,000
DWTDeadweight tonnage is a measure of how much weight a ship is carrying or can safely carry. It is the sum of the weights of cargo, fuel, fresh water, ballast water, provisions, passengers, and crew...
- Polar Endeavour - 2001
- Polar Resolution - 2002
- Polar Discovery - 2003
- Polar Adventure - 2004
- Polar Enterprise - 2007
Exploration, Refining & Marketing
Recently,
Bangladesh, officially the People's Republic of Bangladesh is a country in South Asia. It is bordered by India on all sides except for a small border with Burma to the far southeast and by the Bay of Bengal to the south...
granted a string of nine offshore exploration gas blocks in the
Bay of BengalThe Bay of Bengal IPA:ˈbɒŋɡopoʃɑːˈgoɽ), the largest bay of the world, forms the northeastern part of the Indian Ocean. It resembles a triangle in shape, and is bordered by Bangladesh and the Indian state of West Bengal to the north , India and Sri Lanka to the west and Myanmar and the Andaman and...
to ConocoPhillips. In February 2008, ConocoPhillips was selected for 8 blocks as a lone bidder.
ConocoPhillips operates 19 refineries around the world.
In the
United StatesThe United States of America is a federal constitutional republic comprising fifty states and a federal district...
, the company operates Conoco,
Phillips 66The company that made Phillips 66 gasoline began in 1917 as Phillips Petroleum Company, founded by L.E. Phillips and Frank Phillips, of Bartlesville, Oklahoma. In 1927, the company's gasoline was being tested on U.S...
and
(Union) 7676 is a chain of gas stations located within the United States. The 76 brand is owned by ConocoPhillips. Union Oil Company of California, dba Unocal, the original owner and creator of the Union 76 brand merged with Chevron Corporation in 2005.In 1997, Unocal sold its western United States refining...
stations. The 76 brand, long familiar in the western and southern U.S., was created by Union Oil Company of California (later Unocal) in 1932.
In
EuropeEurope is, by convention, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally divided from Asia to its east by the water divide of the Ural Mountains, the Ural River, the Caspian Sea, the Caucasus Mountains , and the Black Sea to the southeast...
, ConocoPhillips operates
JetJet is the filling station brand of ConocoPhillips, used in Europe.Jet filling stations are located in Austria, Belgium, the Czech Republic, Denmark, Finland, Germany, Hungary, Norway, Poland, Slovakia, Sweden, Thailand and the United Kingdom....
filling stations in
AustriaAustria , officially the Republic of Austria , is a landlocked country of roughly 8.3 million people in Central Europe. It borders both Germany and the Czech Republic to the north, Slovakia and Hungary to the east, Slovenia and Italy to the south, and Switzerland and Liechtenstein to the west...
,
BelgiumThe Kingdom of Belgium is a country in northwest Europe. It is a founding member of the European Union and hosts its headquarters, as well as those of other major international organizations, including NATO...
, the
Czech RepublicThe Czech Republic is a country in Central Europe that is sometimes considered to be Eastern European. The country borders Poland to the northeast, Germany to the west and northwest, Austria to the south and Slovakia to the east. The capital and largest city is Prague...
,
DenmarkDenmark is a Scandinavian country in Northern Europe and the senior member of the Kingdom of Denmark. It is the southernmost of the Nordic countries; southwest of Sweden and south of Norway, and it is bordered to the south by Germany. Denmark borders both the Baltic and the North Sea...
,
FinlandFinland , officially the Republic of Finland
, is a Nordic country and democracy situated in the Fennoscandian region of northern Europe. It borders Sweden on the west, Russia on the east, and Norway on the north, while Estonia lies to its south across the Gulf of Finland...
,
GermanyGermany , officially the Federal Republic of Germany , is a country in Central Europe. It is bordered to the north by the North Sea, Denmark, and the Baltic Sea; to the east by Poland and the Czech Republic; to the south by Austria and Switzerland; and to the west by France, Luxembourg, Belgium,...
,
HungaryHungary , in English officially the Republic of Hungary , is a landlocked country in the Carpathian Basin of Central Europe, bordered by Austria, Slovakia, Ukraine, Romania, Serbia, Croatia, and Slovenia. Its capital is Budapest. Hungary is a member of OECD, NATO, EU, V4 and is a Schengen state...
,
NorwayNorway , officially the Kingdom of Norway, is a country in Northern Europe occupying the western portion of the Scandinavian Peninsula, as well as Jan Mayen and the Arctic archipelago of Svalbard under the Spitsbergen Treaty...
,
PolandPoland , officially the Republic of Poland , is a country in Central Europe . Poland is bordered by Germany to the west; the Czech Republic and Slovakia to the south; Ukraine, Belarus and Lithuania to the east; and the Baltic Sea and Kaliningrad Oblast, a Russian exclave, to the north...
,
SlovakiaThe Slovak Republic is a landlocked country in Eastern Europe with a population of over five million and an area of about . Slovakia borders the Czech Republic and Austria to the west, Poland to the north, Ukraine to the east and Hungary to the south. The largest city is its capital, Bratislava...
,
SwedenSweden , officially the Kingdom of Sweden , is a Nordic country on the Scandinavian Peninsula in Northern Europe...
,
ThailandThe Kingdom of Thailand is an independent country that lies in the heart of Southeast Asia.It is bordered to the north by Laos and Burma, to the east by Laos and Cambodia, to the south by the Gulf of Thailand and Malaysia, and to the west by the Andaman Sea and Burma...
and the
United KingdomThe United Kingdom of Great Britain and Northern Ireland is a sovereign state located off the northwestern coast of continental Europe. It is an island country, spanning an archipelago including Great Britain, the northeastern part of Ireland, and many small islands...
.
The company markets under the
ProJETProJET was a chain of petrol stations in Malaysia that was touted as the country's first "Superstation", offering refueling services that accepted both credit card and cash payments, along with additional facilities...
brand name in Malaysia, Turkpetrol in Turkey and COOP in Switzerland.
| Country | Name | Location | Crude Processing Capacity (KBD) |
|---|
| United States |
Wood River Refinery The Wood River Refinery is a oil refinery located in Roxana, Illinois, approximately north of St. Louis, Missouri, on the east side of the Mississippi River. The refinery is currently owned by ConocoPhillips and EnCana, and operated by the joint-venture company WRB Refining, LLC...
|
Roxana, IL |
306 |
| Germany |
Wilhelmshaven Refinery |
Wilhelmshaven||-||}Wilhelmshaven is a coastal town in Lower Saxony, Germany. It is situated on the western side of Jadebusen, a bay of the North Sea.-History:...
|
260 |
| United States |
Alliance Refinery |
Belle Chasse, LA |
247 |
| United States |
Sweeny Refinery |
Old Ocean, TX |
247 |
| United States |
Bayway Refinery Bayway Refinery is a refining facility located in Linden, New Jersey and Elizabeth, New Jersey, owned by ConocoPhillips. This is the northernmost refinery on the East Coast of the United States. The oil refinery converts crude oil into gasoline, diesel fuel, jet fuel, and heating oil...
|
Linden, NJ |
238 |
| United States |
Lake Charles Refinery |
Westlake, LA |
239 |
| United Kingdom |
Humber Refinery The Humber Refinery is a British oil refinery in South Killingholme, North Lincolnshire. Situated approximately ten miles north west of Grimsby, it processes approximately 234,000 barrels of crude oil per day and is owned by ConocoPhillips.-Operations:...
|
North Linconshire |
265 |
| United States |
Ponca City Refinery |
Ponca City, OK |
187 |
| United States |
Trainer Refinery |
Trainer, PA |
185 |
| United States |
Borger Refinery* |
Borger, TX |
146 |
| United States |
Los Angeles Refinery |
Carson/Wilmington, CA |
139 |
| United States |
San Francisco Refinery |
Rodeo, CA |
120 |
| United States |
Ferndale Refinery |
Ferndale, WA |
105 |
| Ireland |
Whitegate Refinery |
CorkCork is the second largest city in the Republic of Ireland and the island of Ireland's third most populous city. It is the principal city and administrative centre of County Cork and the largest city in the province of Munster...
|
71 |
| United States |
Billings Refinery |
Billings, MT |
118 |
| Malaysia |
Melaka Refinery |
Melaka |
58 |
| Germany |
MIRO Refinery* |
KarlsruheKarlsruhe is a city in the south west of Germany, in the Bundesland Baden-Württemberg, located near the French-German border....
|
56 |
| Czech Republic |
Czech Refineries* |
Kralupy & Litvínov Litvínov is a town in the Ústí nad Labem Region of the Czech Republic. The largest oil refinery in the Czech Republic is located there. Models Eva Herzigová and Iva Frühlingová come from Litvínov. The HC Litvínov ice hockey club is based in the town....
|
27 |
* Denotes joint ventures. Crude capacity reflects that proportion.
Environmental record
On April 11, 2007, ConocoPhillips became the first U.S. oil company to join the
U.S. Climate Action PartnershipThe U.S. Climate Action Partnership , formed January 22, 2007 is a co-operative group of businesses and leading environmental organizations. The group's primary purpose is to call on the U.S...
, an alliance of big business and environmental groups. The partnership in January 2007 had advised President
George W. BushGeorge Walker Bush was the 43rd President of the United States from 2001 to 2009 and the 46th Governor of Texas from 1995 to 2000....
that mandatory emissions caps would be needed to reduce the flow of
carbon dioxideCarbon dioxide is a chemical compound composed of two oxygen atoms covalently bonded to a single carbon atom. It is a gas at standard temperature and pressure and exists in Earth's atmosphere in this state...
and other
heat-trapping gasesGreenhouse gases are gases in an atmosphere that absorb and emit radiation within the thermal infrared range. This process is the fundamental cause of the greenhouse effect. The main greenhouse gases in the Earth's atmosphere are water vapor, carbon dioxide, methane, nitrous oxide, and ozone...
into the atmosphere. In 2007 ConocoPhillips announced it would spend $150 million that year on the
research and developmentThe phrase research and development , according to the Organization for Economic Co-operation and Development, refers to "creative work undertaken on a systematic basis in order to increase the stock of knowledge, including knowledge of man, culture and society, and the use of this stock of...
of
new energy sources and technologiesEnergy development is the effort to provide sufficient primary energy sources and secondary energy forms to fulfill civilization's needs. It involves both installation of established technologies and research and development to create new energy-related technologies...
— a 50 percent increase in spending from 2006.
According to the Political Economy Research Institute, ConocoPhillips ranked 13th among U.S. corporate producers of air pollutions.
In 2003, ConocoPhillips was named as a defendant in a lawsuit brought by Green Alternative, an environmental group based in the former Soviet republic of
GeorgiaGeorgia Georgia Georgia is a country in the Caucasus region of Eurasia. Situated at the juncture of Western Asia and Eastern Europe, it is bounded to the west by the Black Sea, to the north by Russia, to the south by Turkey and Armenia, and to the east by Azerbaijan...
. The suit claimed that a number of foreign oil companies colluded with the Georgia government to induce authorities to approve a $3 billion
pipelinePipeline transport is the transportation of goods through a pipe. Most commonly, liquid and gases are sent, but pneumatic tubes that transport solid capsules using compressed air have also been used....
without properly evaluating environmental impact.
See also
- Brands of gasoline
- Sue Ellen Wooldridge
Sue Ellen Wooldridge , is an American attorney and a former politically appointed U.S. government employee. She was formerly the United States Assistant Attorney General in charge of environment and natural resources, a division of the United States Department of Justice. As such, she was the...
- Vertical Integration
In microeconomics and management, the term vertical integration describes a style of management control. Vertically integrated companies are united through a hierarchy with a common owner. Usually each member of the hierarchy produces a different product or service, and the products combine to...
External links