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Oil Companies VenezuelaVenezuela Oil Companies - Oil Companies Venezuela gathers information about major oil and gas companies with operations in petroleum exporter country that has been affected by Hugo Chavez socialist politics.

Conoco Phillips is an international energy corporation with its headquarters located in Houston, Texas. It was created through the merger of Conoco Inc. and the Phillips Petroleum Company on 2002.

Conoco Phillips

ConocoPhillips is an international energy corporation with its headquarters' location in Houston, Texas. It was created through the merger of Conoco Inc. and the Phillips Petroleum Company on 2002. It is one of the six "supermajor" vertically integrated oil companies.

Conoco phillips logo (Click to enlarge)
Conoco Phillips Logo

It is the third-largest integrated energy company in the United States, based on market capitalization, oil and gas proved reserves and production; and the second-largest refiner in the United States. Worldwide, of nongovernment-controlled companies, ConocoPhillips has the sixth-largest total of proved reserves; and based on crude oil capacity, is the fifth-largest refiner. ConocoPhillips

Locations of ConocoPhillips refineries go from America to Asia. There are 19 refineries around the world that Conoco Phillips operates. The company has the following core activities worldwide: petroleum exploration and production, refining, marketing, supply and transportation, natural gas gathering, processing and marketing, chemicals and plastics production and distribution.

Conoco phillips oil platform (Click to enlarge)
Conoco Phillips Oil Platform

Chavez OilChavez Oil - Site based on "Chavez Oil", i.e. the oil situation in Venezuela under Hugo Chavez's government. Information on the oil companies that got nationalized and which didn't and more. CITGO, Exxon Mobil, Hugo Chavez's history...

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Wikipedia - Information about Conoco Phillips, history, location of refineries, gas stations, and more.

ConocoPhillips 76 - Website about Conoco Phillips gas stations.

ConocoPhillips - Official site of ConocoPhillips, Check history information, locations of gas stations, refineries, latest news and more.

Conoco phillips gast stations (Click to enlarge)
Conoco Phillips Gas Stations

On 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. Wikipedia

Conoco Phillips and Chavez:

In 2006 Venezuela's government told oil companies they have to give the state a greater share of profits. Hugo Chavez said he wants a real nationalization of all the oil business as, according to him, petroleum in Venezuela is part of the country's sovereignty.

In 2007, ConocoPhillips and the Venezuelan government were unable to reach agreement regarding ConocoPhillips' migration to an "Empresa Mixta" (Joint Venture) structure mandated by Venezuela decree law 5.200. Therefore, pursuant to the decree, Petróleos de Venezuela S.A. (PDVSA) or its affiliates will directly assume the activities associated with ConocoPhillips' interests in the Petrozuata and Hamaca heavy-oil ventures and the offshore Corocoro development project.

Negotiations are continuing between ConocoPhillips and Venezuelan authorities concerning appropriate compensation for the company's interests. Although the company is hopeful that the negotiations will be successful, it has preserved all legal rights including international arbitration. Conoco Phillips News Room

Conoco phillips refinery (Click to enlarge)
ConocoPhillips Refinery

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