Conoco Inc was founded in 1875 as an oil, coal, kerosene, candles, and grease distributor under the name Continental Oil and Transportation Company in Ogden, Utah.
Exploration pioneer E.W. Marland founded the Marland Oil Company, which acquired the assets of Continental Oil, and in 1929 changed its name to Continental Oil Company.
ConocoPhillips was created with the 2002 merger of Conoco Inc (formerly Continental Oil) and Phillips Petroleum Company.
Today ConocoPhillips dedicates itself solely to exploring for, developing, and producing oil and natural gas. The company has six operating segments to manage its operations: Alaska, Lower 48, Canada, Europe, Asia Pacific, Middle East, and Other International.
ConocoPhillips was the largest integrated oil company before it spun-off its downstream assets in 2012 to Phillips 66. ConocoPhillips is currently the world’s largest pure-play and exploration company, with 17,000 employees and had $62 billion in revenue in 2012.
ConocoPhillips is part of the S&P 500 and is #45 on the Fortune 500.
ConocoPhillipsConoco Inc was founded in 1875 as an oil, coal, kerosene, candles, and grease distributor under the name Continental Oil and Transportation Company in Ogden, Utah.
Exploration pioneer E.W. Marland founded the Marland Oil Company, which acquired the assets of Continental Oil, and in 1929 changed its name to Continental Oil Company.
ConocoPhillips was created with the 2002 merger of Conoco Inc (formerly Continental Oil) and Phillips Petroleum Company.
History
Today ConocoPhillips dedicates itself solely to exploring for, developing, and producing oil and natural gas. The company has six operating segments to manage its operations: Alaska, Lower 48, Canada, Europe, Asia Pacific, Middle East, and Other International.
ConocoPhillips was the largest integrated oil company before it spun-off its downstream assets in 2012 to Phillips 66. ConocoPhillips is currently the world’s largest pure-play and exploration company, with 17,000 employees and had $62 billion in revenue in 2012.
ConocoPhillips is part of the S&P 500 and is #45 on the Fortune 500.
