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Conoco (/ ˈ k ɒ n ə k oʊ / KON-ə-koh), [2] formerly known as Continental Oil, is an American petroleum brand that is operating under the current ownership of the Phillips 66 Company since 2012 and is headquartered in the Westchase neighborhood of Houston, (Harris County), Texas.
In 1875, the "Continental Oil and Transportation Company" (acronym "Conoco") was founded in Ogden, Utah by Isaac Blake. [8] In 1885, Conoco was reincorporated as part of Standard Oil. [9] After the Supreme Court of the United States dissolved Standard Oil, Conoco became independent in 1913. [10] By 1929, it had become a fully integrated oil ...
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 1983, Phillips Petroleum purchased the General American Oil Company from owners Algur H. Meadows, Henry W. Peters, and Ralph G. Trippett. [17] In 2002, Phillips Petroleum merged with Conoco to form ...
May 30—ConocoPhillips and Marathon Oil just jumped on the merry-go-round of mergers that the energy industry has seen in recent months with ConocoPhillips having been the last of the major oil ...
Because of the natural decline of an oil and gas. Exploration and production company ConocoPhillips held its annual investor day on Feb. 28. Among the many topics covered was how the company plans ...
In 2006, the company acquired assets from Chase Oil and formed Concho Resources Inc. In 2007, the company became a public company via an initial public offering. [2] In 2008, the company acquired Henry Petroleum for $584 million. [3] In 2010, the company acquired assets in the Permian Basin from Marbob Energy Corporation for $1.65 billion. [4]
As the largest independent oil and gas company, ConocoPhillips is a solid energy choice for any investor. The company is projected to grow production at a 3% to 5% annual clip over the next five ...
Texas Company Building at 1111 Rusk St. in Houston. The company moved to larger facilities in 1989 "The Texas Company" Galveston station, c. 1910-20. Texaco was founded in Beaumont, Texas as the "Texas Fuel Company" in 1902, [6] by Jim Hogg, Joseph S. Cullinan, John Warne Gates, and Arnold Schlaet.
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