'ConocoPhillips' () is an international energy corporation with its headquarters located in
Houston, Texas. It was created through the
merger of
Conoco Inc. and the
Phillips Petroleum Company on
August 30,
2002. Headquarters are based in
Houston, Texas in the
United States, and offices are located worldwide. The headquarters of ConocoPhillips Canada are located in
Calgary, Alberta in
Canada. It is one of the six "
supermajor" vertically integrated oil companies.
Overview
ConocoPhillips employs approximately 38,700 people worldwide in more than 40 countries. As of 2006, their 12 U.S. refineries had a combined crude processesing capacity of 2,208,000 barrels per day (BPD) making it the second-largest refiner in the United States. Worldwide, they have a combined crude processing capacity of 2,901,000 BPD making it the fifth-largest refiner in the world.
Business units
Refining & Marketing
ConocoPhillips operates 19 refineries around the world.
| Name | Location | Crude Processing Capacity (KBD) | |
|---|
| Wood River Refinery | Roxana, IL, USA | 306 |
| Wilhelmshaven Refinery | Wilhelmshaven, Germany | 260 |
| Alliance Refinery | Belle Chasse, LA, USA | 247 |
| Sweeny Refinery | Old Ocean, TX, USA | 247 |
| Bayway Refinery | Linden, NJ, USA | 238 |
| Lake Charles Refinery | Westlake, LA, USA | 239 |
| Humber Refinery | North Linconshire, UK | 221 |
| Ponca City Refinery | Ponca City, OK, USA | 187 |
| Trainer Refinery | Trainer, PA, USA | 185 |
| Borger Refinery | Borger, TX, USA | 146 |
| Los Angeles Refinery | Carson/Wilmington, CA, USA | 139 |
| San Francisco Refinery | Arroyo Grande/Rodeo, CA, USA | 120 |
| Ferndale Refinery | Ferndale, WA, USA | 105 |
| Whitegate Refinery | Cork, Ireland | 71 |
| Billings Refinery | Billings, MT, USA | 58 |
| Melaka Refinery | Melaka, Malaysia | 58 |
MIRO Refinery ★ | Karlsruhe, Germany | 56 |
Czech Refineries ★ | Kralupy & Litvinov, Czech Republic | 27 |
★ Denotes joint ventures. Crude capacity reflects that proportion.
In the
United States, the company operates
Conoco,
Phillips 66, and
(Union) 76 (which was part of
Unocal for many years, later a
Tosco brand before that company was bought by Phillips) retail gas stations.
In
Europe, it operates
Jet filling stations in
Austria,
Belgium,
Czech Republic,
Denmark,
Finland,
Germany,
Hungary,
Norway,
Poland,
Slovakia,
Sweden,
Thailand (now take over by
PTT) and the
United Kingdom.
ProJET is the brand operated in Malaysia,
Turkpetrol in Turkey, and
COOP in Switzerland.
History
★ In
2005, the corporation began rebranding their
(Union) 76 gas stations, prompting a petition campaign by fans hoping to save the historic 76 orange ball signage
[3]. 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 be saving several dozen orange and blue 76 Balls to give to museums, as well as fabricating about one hundred spherical 76-logo signs in the ConocoPhillips color scheme of red and blue, to be placed at select 76 stations.
★ On March of
2006, ConocoPhillips bought
Burlington Resources .
★ On May 10, 2006,
Richard Armitage, former deputy-secretary of the U.S. State Department, was elected to the board of directors of the ConocoPhillips oil company.
Environmental record
On April 11, 2007, ConocoPhillips became the first U.S. oil company to join the
U.S. Climate Action Partnership, an alliance of big business and environmental groups that in January sent a letter to President
George W. Bush stating that mandatory emissions caps are needed to reduce the flow of
carbon dioxide and other
heat-trapping gases into the atmosphere. ConocoPhillips has said it will spend $150 million this year on the
research and development of
new energy sources and technologies— a 50 percent increase in spending from 2006.
[4]
A recent
University of Massachusetts study has ranked ConocoPhillips third among U.S. corporate producers of
air pollution. According to the researchers, ConocoPhillips facilities release more than eight million pounds of toxic chemicals annually into the air.
[5] The company has also been implicated in some of the United States' worst
toxic waste dumps; the
Center for Public Integrity has announced that
United States Environmental Protection Agency documents link ConocoPhillips to 52
Superfund sites.
[6]
In
2003, ConocoPhillips was named as a defendant in a lawsuit brought by a
Georgian environmental group called Green Alternative. The suit claimed that a number of foreign oil companies colluded with the Georgian government to induce authorities to approve a $3 billion
pipeline without properly evaluating environmental impact.
[7]
In
2007, a number of environmental groups including the
Sierra Club and the Prairie Rivers Network announced their support for ConocoPhillips' plan to expand its
Wood River oil refinery. A spokesperson for the group said that, despite ConocoPhillips' history of environmental policy violations, she was optimistic that the corporation would comply with pollution laws as it expanded the refinery.
[8]
See also
★
Brands of gasoline
★
Sue Ellen Wooldridge
References
1. Conoco Phillips posts 13% drop in quarterly profit. ''Anchorage Daily News''. Published 2007-01-25. Last Retrieved 2007-02-01.
2. Company History ConocoPhillps
3. Save the 76 Ball website
4. ConocoPhillips joins climate group
5. Political Economy Research Institute
6. Center for Public Integrity
7. ''Houston Business Journal''
8. ''St. Louis Post-Dispatch''
External links
★
ConocoPhillips website
★
ConocoPhillips stock quote
★
Conoco/Phillips/76 promotional website
★
World Internet News: "Big Oil Looking for a Government Handout", April 2006.
★
Subsea firm listing
★
"COP - ConocoPhillips: 2007 Integrated Oil & Gas Outlook Part I", March 2007.