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Description
ConocoPhillips is an American multinational energy company that focuses on the upstream segment of the oil and gas industry, discovering, developing and producing crude oil, natural gas, natural‑gas liquids and liquefied natural gas for sale on the open market. The firm operates globally with a portfolio that spans U.S. shale basins, the Permian, Alaska, Canada, offshore projects in the North Sea and Gulf of Mexico, and assets in the Middle East and Asia‑Pacific. After spinning off its downstream refining and marketing business in 2012, ConocoPhillips is now one of the world’s largest independent (pure‑play) exploration and production companies. It is positioned as a diversified upstream player that emphasizes operational safety, environmental stewardship and a gradual shift toward lower‑carbon energy opportunities.
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