ConocoPhillips

Our History

ConocoPhillips 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.​​​

2008 timeline

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. 
 Australia Pacific LNG
2007 timeline

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 timeline

Renewable Diesel Production in the EU

ConocoPhillips purchases the Wilhelmshaven refinery in 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 developed by ConocoPhillips uses soybean and other vegetable oils to produce renewable diesel fuel that meets European Union standards.

Wilhelmshaving refinery
2005 timeline

ConocoPhillips to Acquire Burlington Resources

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

ConocoPhillips Plans Museum

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

Phillips 66 Museum
Conoco Museum

2004 timeline

ConocoPhillips/LUKOIL AllianceConocoPhillips/LUKOIL Alliance

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

2003 timeline

International Projects in Canada and Vietnam

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

2002 timeline

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.
 
ConocoPhillips is formed

2001 timeline

Conoco and Phillips Agree to Merge

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

2000 timeline

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 timeline

Conoco IPO

October 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.
 
Conoco IPO

1997 timeline

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.