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Conoco Phillips Corporation

600 North Dairy Ashford
P.O. Box 2197
United State of America

Telephone : 281 293 1000
Web :

Article archive for Conoco Phillips Corporation;

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ConocoPhillips signs $2 billion settlement with Venezuela’s PDVSA 21 August 2018

US oil and gas giant ConocoPhillips said on August 20 that it has settled with Venezuela’s state-run oil company, PDVSA, to recover about $2 billion in arbitration payments. The International Chamber of Commerce awarded ConocoPhillips that amount in April after PDVSA failed to uphold various contractual commitments....

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ConocoPhillips fined £3m over North Sea platform gas releases 09 February 2016

One of the world’s largest oil and gas companies has been fined after gas leaks on a platform off the Lincolnshire coast put workers’ lives in danger. ConocoPhillips (UK) pleaded guilty to three breaches of the Offshore Installations (Prevention of Fire and Explosion, and Emergency Response) Regulations 1995 and was fined £3m - £1m for each offence - and ordered to pay costs of £159,459....

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HSE says gas leak could have caused major explosion on ConocoPhillips offshore rig 25 January 2016

The UK Health & Safety Executive (HSE) alleges that the lives of 66 workers were put at risk on ConocoPhillips’ Lincolnshire Offshore Gas Gathering System (LOGGS) platforms 70 miles off Mablethorpe in the North Sea in November 2012. In a case at Lincoln Crown Court, the HSE prosecutor said the major gas leak on the platform could have caused a major explosion or asphyxiated workers on the rigs....

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North Sea oil worker killed by freak wave 04 January 2016

A freak wave killed one worker and injured two others on a semi-submersible rig operating on the Troll field in the Norwegian sector of the North Sea. The wave hit the COSL Innovator on December 30 approximately 40 miles west of Bergen, and Aker Solutions has since confirmed the deceased man was one of its staff....

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Venezuela loses US refinery stake to ConocoPhillips after court ruling 24 September 2015

A US Federal Court has upheld an International Chamber of Commerce (ICC) arbitration allowing US oil giant ConocoPhillips to take Venezuelan state oil company PDVSA’s 50% stake in a delayed coking unit at the Sweeny refinery in Old Ocean, Texas. The 70,000 barrel-per-day coking unit was originally owned by a joint venture between PDVSA and Phillips. ...

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UK refinery workers strike over safety concerns 13 November 2014

On November 13 striking workers returned to work at a North Lincolnshire oil refinery after three days of industrial action. Around 450 contract employees walked out of the Humber Refinery in South Killingholme on November 10 claiming safety concerns. Their action followed a gas leak the previous week in which two people were taken to hospital....

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Venezuela says it will pay under $1 bn to Exxon over 2007 nationalisation 16 October 2014

On October 9 the World Bank’s ICSID tribunal awarded Exxon Mobil $1.6 billion compensation for its nationalised assets in Venezuela. The case relates to the 2007 takeover of a large heavy crude project in the Orinoco region by then president Hugo Chavez's government....

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World Bank tribunal rejects Venezuela appeal over nationalised Conoco assets 17 March 2014

World Bank tribunal The International Center for Settlement of Investment Disputes (ICSID) has rejected Venezuela's request for a new hearing to contest a 2013 partial ruling that it failed to act in good faith regarding negotiations to compensate US oil company ConocoPhillips for nationalised assets....

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Two injured in steam leak at Humber Refinery in eastern UK 01 November 2013

A steam leak on October 30 that injured two workers at a North Lincolnshire oil refinery is being investigated by the Health and Safety Executive (HSE) and police. The employees were airlifted to the regional burns unit in Wakefield from the Humber Refinery in South Killingholme. Humberside Police said one man was in a critical condition with another man described as "poorly"....

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Pennsylvania official confident about future of two Philadelphia refineries 09 March 2012

In a Pennsylvania state committee hearing, Department of Community and Economic Development secretary C. Alan Walker said he was confident buyers would be found for two of the three oil refineries in Philadelphia threatened with closure....