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ConocoPhillips is a signatory participant of the Voluntary Principles on Security and Human Rights. In 2016, ConocoPhillips was ranked as being among the 12th best of 92 oil, gas, and mining companies on indigenous rights in the Arctic. [77]
As of March 2023, the Department of the Interior permitted ConocoPhillips to build a new ice road from the existing Kuparuk road system at Kuparuk River Oil Field drill site and use a partially grounded ice bridge across the Colville River near Ocean Point "to transport sealift modules" to the Willow project drilling area. [13]: 3
The first Phillips 66 logo, branded by the Phillips Petroleum Co. in 1930. The Phillips 66 shield logo, linking it to U.S. Route 66, was introduced in 1930. [11] After a series of changes to the color scheme including the popular dark green with orange and blue trim, [11] the company settled on black and orange color scheme that would last nearly thirty years.
ConocoPhillips has a return on capital employed of only 11%. Since Warren Buffett is a long-term holder, return on capital employed matters a lot. Generally oil companies that have a higher return ...
In 2002, Conoco merged with Phillips to become ConocoPhillips. The plant shut down in late September 2011, due to a low profit margin. [13] In 2012, downstream assets of ConocoPhillips were spun off to the newly formed Phillips 66. In 2012, Phillips 66 sold the refinery to Monroe Energy, LLC, a wholly owned subsidiary of Delta Air Lines. [14]
ConocoPhillips is buying Marathon Oil in an all-stock deal valued at approximately $17.1 billion. As part of the transaction, Marathon Oil shareholders will receive 0.2550 shares of ConocoPhillips ...
This category contains articles related to ConocoPhillips, a United States-based petroleum corporation. Subcategories. ... By using this site, ...
ConocoPhillips's plans to acquire independent oil and gas producer Marathon Oil in an all-stock deal for $22.5 billion including debt continues a recent string of deals in the energy space.
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