ConocoPhillips

Houston, Texas, and Boulder, Colorado, July 1, 2008 – ConocoPhillips [NYSE:COP] announced today that it has signed a $5 million, multi-year sponsored research agreement with the Colorado Center for Biorefining and Biofuels (C2B2), a research center of the Colorado Renewable Energy Collaboratory, to develop new ways to convert biomass into low-carbon transportation fuels.    » read more »

Decision Could Echo Across the Nation

CHICAGO -- June 6 2008 -- In a case that might impact oil refineries around the nation, plans by ConocoPhillips to expand its refinery in Roxana, IL were derailed today when an appeal board of the US Environmental Protection Agency upheld a challenge to the air permit required for the project.

The decision sends ConocoPhillips and Illinois EPA, which had granted the permits, back to the drawing board. The legal challenge argued that harmful air pollution from the refinery’s flares, which relieve pressure in the refining process, was not being sufficiently controlled.    » read more »

Governor Lauds Decision

June 3, 2008, Juneau, Alaska – Alaska Governor Sarah Palin today lauded the decision by the U.S. Energy Department to approve the application of Marathon Oil Corporation and ConocoPhillips for an extension of the Kenai Liquefied Natural Gas (LNG) Plant export license. The two companies filed for the extension in January 2007.

“In these times of economic uncertainty, this is great news for the state and its residents,” Governor Palin said. “This extension will secure a future for the LNG operation and is another step toward ensuring energy supplies and energy security for Alaska.”    » read more »

WASHINGTON -- May 21, 2008 – Senate Judiciary Committee Chairman Patrick Leahy (D-Vt.) convened a hearing this morning to examine the explosive rise in oil prices in recent months. The hearing featured testimony from executives of five major oil companies – ExxonMobil, ConocoPhillips, Chevron, BP America and Shell.

Exxon building, Houston, Texas: Photo by Tom Haymes (CC)    » read more »

Washington, D.C. -- May 21, 2008 -- Senator Arlen Specter (R-Pa.), Ranking Member of the Senate Judiciary Committee, today questioned the top oil industry executives on the skyrocketing price of oil at a Senate Judiciary Committee hearing.

In his opening remarks, Senator Specter noted the primacy of the problem:

Gas prices, May 2008: Photo by aaron@digtialcole (CC)

“We are obviously in a crisis, national, international, with the escalating costs of oil and the intolerable prices of gasoline at the pump. It's important that we bear all of our resources to try to figure out what to do about it.”    » read more »

March 31, 2008 -- The U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) has reached a Memorandum of Understanding with ConocoPhillips and Iowa State University to identify promising cellulosic biomass conversion technologies over the near, mid- and long-term. The collaboration will bring three independently established programs together to help identify the most efficient and cost-effective methods for making liquid transportation fuels from plants.    » read more »

January 3, 2008, Anchorage, Alaska - Alaska Governor Sarah Palin is pleased to announce an agreement between the State of Alaska and oil industry officials that will help ensure energy supplies and energy security for Alaska. The State will support a two-year extension of the federal export license for the LNG plant on the Kenai Peninsula. LNG plant co-owners Marathon Oil Corporation and ConocoPhillips filed for the extension last January. The present export license expires in 2009.    » read more »