ConocoPhillips

Our History

Our history illustrates a relentless commitment to safety, a passion for innovation and an ability to adapt to a dynamic marketplace. From the earliest discoveries of oil and the revolutionary improvements that followed to the technological advances that altered the course of history, ConocoPhillips has a long history of improving life for people and communities.​​​

2009-1990

2008

ConocoPhillips and Origin Energy LNG JV

ConocoPhillips and Origin Energy create a long-term joint venture Australasian natural gas business focused on coal bed methane and liquefied natural gas (LNG) processing and sales.

2007

ConocoPhillips and Tyson Foods Alliance

ConocoPhillips and Tyson Foods announce strategic alliance to produce next generation renewable diesel fuel created from beef, pork and poultry byproduct fat.

2006

Renewable Diesel Production in the EU

ConocoPhillips purchases the Wilhelmshaven refinery in Wilhelmshaven, Germany, and U.K.-based Louis Dreyfus Refining and Marketing Limited.

The company also begins production of renewable diesel fuel at Whitegate Refinery in Cork, Ireland. The production process was developed by ConocoPhillips and uses soybean and other vegetable oils to produce renewable diesel fuel that meets European Union standards.

 

2005

ConocoPhillips Plans Museum

ConocoPhillips announces museum plans for Conoco and Phillips Petroleum Co. in Ponca City and Bartlesville.

 

 

ConocoPhillips to Acquire Burlington Resources

Dec. 21, 2005 - ConocoPhillips announces plans to acquire Burlington Resources in $35.6 billion transaction.

2004

ConocoPhillips/LUKOIL Alliance

Sept. 29, 2004 - ConocoPhillips and LUKOIL form a strategic alliance with strong support of both the Russian and U.S. governments.

2003

International Projects in Canada and Vietnam

ConocoPhillips approves the Surmont Oil Sands Project in Canada and announces the first oil offshore project in Vietnam.

 

2002

ConocoPhillips Is Formed

August, 2002 - Conoco and Phillips officially merge, creating the sixth-largest publicly traded oil company in the world and the third-largest in the U.S. at the time. The new company, ConocoPhillips, is headquartered in Houston.

 

2001

Conoco and Phillips Agree to Merge

November, 2001 - Conoco agrees to merge with Phillips Petroleum Co.

2000

DCP Midstream, Chevron Phillips Chemical Company Formed

Phillips combines midstream business with Duke Energy Field Services, creating what is today DCP Midstream. Phillips and Chevron combine their chemicals and plastics operations, creating Chevron Phillips Chemical Company.

1998

Conoco IPO

Oct. 22, 1998 -Conoco officially separates from DuPont in the largest IPO in history at that time - nearly $4.4 billion. Conoco stock begins trading again, using a new symbol, "COC," that honors the name it had held for so many years - Continental Oil Company.

 

1997

DuPont and Conoco Begin Separation Talks

Dupont and Conoco begin separation talks. Both companies plan to pursue new corporate strategies: DuPont wants to transform into a life sciences company focused more on biotechnology and less on petrochemicals, and Conoco desires financial independence to make significant foreign oil and gas asset investments.