ConocoPhillips believes the key to a secure energy future is the efficient and effective use of a diverse mix of energy sources. That's why the company is exploring a variety of options, including alternative sources like renewable fuels, unconventional sources like oil sands and heavy oil, and traditional sources like crude oil and natural gas.
ConocoPhillips is committed to diversifying energy sources. In 2006, the company spent $80 million to develop technology for alternative and unconventional energy sources, and about $15 billion to develop actual supplies of traditional and unconventional sources. In 2007, the company anticipates increasing its investment in research, geared toward more efficient and cleaner production of hydrocarbons, and in alternative energy solutions by developing new technologies and improving existing technologies and processes.
To learn more about traditional, unconventional and alternative energy sources, select from the links below.
Traditional Sources
Unconventional Sources
Alternative Energy
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