ConocoPhillips monitors developments and trends in emerging technologies and alternative energy sources, and then develops technologies through disciplined investment programs, which span from lab-bench work through commercialization. In developing these technologies, ConocoPhillips follows the following principles:
 

• Focus on areas of high strategic relevance
• Alignment with core competencies
• Follow the best “new venture” practices
• Consistent and disciplined investments
• Leverage partnerships internally and externally

Recent News
ConocoPhillips has been selected by the U.S. Department of Energy (DOE) to perform the first field trial of a promising technology that would allow the production of methane from gas hydrates on Alaska's North Slope.  To learn more, see the project data sheet (2MB .PDF).

Working with partners in the agricultural and food-processing industries, ConocoPhillips is researching the development of renewable transportation fuels from non-food sources. During 2008, ConocoPhillips and Tyson Foods conducted a pilot program using animal fat from a Tyson processing plant as a feedstock to produce renewable ultra-low sulfur diesel (ULSD). In late 2008, the project was suspended due to unfavorable economics. ConocoPhillips will continue to monitor economic conditions to determine whether resuming production becomes feasible.

If you have feedback or questions about ConocoPhillips' emerging technologies, please contact us.