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Monday, April 22, 2013

ConocoPhillips

ConocoPhillips is the world's largest independent pure-play exploration & production company, which headquartered in Houston, Texas. The company operates in almost 30 countries, and they have approximately 16,700 employees. ConocoPhillips was created through the merger of Conoco Inc. and the Phillips Petroleum Company on August 30, 2002 and was the fifth largest integrated oil company until spinning off its downstream assets to Phillips 66.

ConocoPhillips

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: Alaska, Lower 48 and Latin America, Canada, Europe, Asia Pacific and Middle East, and Other International.

ConocoPhillips explores for, produces, transports and markets crude oil, natural gas, natural gas liquids, liquefied natural gas and bitumen on a worldwide basis. Key focus areas include safely operating producing assets, executing existing major projects and exploring for new resources in promising areas. Their production streams include light oil, heavy oil, oil sands, natural gas liquids, conventional natural gas, coalbed methane, shale gas and oil, and liquefied natural gas (LNG).

Currently the company lead by Ryan M. Lance as a Chairman and CEO. In 2012 the total revenues and total income are around $62 million decrease from $66 million in 2011. more about the company please access http://www.conocophillips.com

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