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ConocoPhillips Company (NYSE: COP) is an international energy corporation with its headquarters located in Houston, Texas. It is the fifth largest private sector energy corporation in the world and is one of the six "supermajor" vertically integrated oil companies. Its fuel stations are known under the Phillips 66, Conoco, and 76 names. 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. 
[edit] OverviewConocoPhillips employs approximately 32,600 people worldwide in nearly 40 countries. As of 2006, their 12 U.S. refineries had a combined crude processing capacity of 2,208,000 barrels per day (351,000 m³/d) (BPD) making it the second-largest refiner in the United States. Worldwide, they have a combined crude processing capacity of 2,901,000 bbl/d (461,200 m³/d) making it the fifth-largest refiner in the world. [edit] History
[edit] Business units[edit] Refining & MarketingConocoPhillips operates 19 refineries around the world. 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, the Czech Republic, Denmark, Finland, Germany, Hungary, Norway, Poland, Slovakia, Sweden, Thailand and the United Kingdom. ProJET was the brand operated in Malaysia, Turkpetrol in Turkey, and COOP in Switzerland.
* Denotes joint ventures. Crude capacity reflects that proportion. [edit] Environmental recordOn 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.[3] 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.[4] 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.[5] 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.[6] [edit] See also[edit] References
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