ConocoPhillips.com Official website for an energy supply company, Conoco Phillips.

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ConocoPhillips

ConocoPhillips (NYSE: COP) is on of the largest international, integrated energy companies in the world. ConocoPhillips is the second largest oil refiner in the United States, and is the fifth largest oil refiner in the world. With headquarters in Houston, Texas, ConocoPhillips operates in more than 40 countries and has an estimated 38,700 employees worldwide. ConocoPhillips’ current assets total $173 billion.

ConocoPhillips engages in a variety of activities associated with crude oil and natural gas on an international basis. The company’s primary business activities related to petroleum include: petroleum exploration, production, refining, marketing, supply and transportation. In terms of natural gas, ConocoPhillips engages in natural gas gathering, processing and marketing. ConocoPhillips also engages in chemicals and plastics production and distribution via the company’s 50 percent interest in Chevron Phillips Chemical Company LLC.

Additionally, ConocoPhillips is actively pursuing emerging business opportunities that provide current and future growth potential, including: technology solutions, carbons-to-liquids, power generation, alternative energy, and renewable fuels. Exploration and Production

ConocoPhillips engages in exploration and production operations in the United States, Norway, the United Kingdom, the Netherlands, Canada, Nigeria, Venezuela, Ecuador, Argentina, Timor Leste, Australia, China, Indonesia, Algeria, Libya, the United Arab Emirates, Vietnam, and Russia.

As of the end of 2006, ConocoPhillips daily international oil equivalent production average was 1,936,000 barrels. Of that quantity, 808,000 barrels of oil equivalent were produced in the United States. Additionally, as of that date, ConocoPhillips had 9.36 billion barrels of oil equivalent of total proved reserves.

Guiding Principles

ConocoPhillips’ stated purpose is to “use our pioneering spirit to responsibly deliver energy to the world”. As such, the company is committed to setting a standard of excellence in its business practices. ConocoPhillips summarizes its core values with the statement “the spirit of performance” and uses the word spirit as an acronym to detail the company’s guiding principles.

The “S” in spirit stands for safety. ConocoPhillips is committed to ongoing safe business operations.

The “P” stands for people. ConocoPhillips is committing to cultivating a culture where people respect one another. The company recognizing that its ultimate success is dependent upon the commitment, capabilities and diversity of its employees.

The first “I” stands for integrity. ConocoPhillips takes pride in remaining ethical and trustworthy in its relationships with all stakeholders.

The “R” stands for responsibility. ConocoPhillips recognizes that the company is accountable for its actions, and strives to be a good neighbor and citizen in the communities in which it operates.

The second “I” stands for innovation. ConocoPhillips strives to anticipate change and respond with creative solutions. The company is responsive to the changing needs of stakeholders and embraces the learning opportunities that come from its international experiences. The “T” stands for teamwork. ConocoPhillips encourages collaboration, celebrates success and strives to cultivate long-term, mutually beneficial relationships.