Word: conoco
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Even companies once known only for profits and pollution are having a change of heart. Conoco, the energy company, worked with the Jane Goodall Institute (J.G.I.) in Congo to build a sanctuary for orphaned chimpanzees. I formed this partnership when I realized that Conoco, during its exploration, used state-of-the-art practices designed to have the least possible impact on the environment. Many other companies are working on clean forms of energy, organic farming methods, less wasteful irrigation...
...energy business has just this quarter turned around and bitten the entire industry on the rump. With the suffering global economy keeping prices down all winter, first-quarter earnings season has hardly been a great one for BP (profits down 57 percent year-over-year), ChevronTexaco (down 70 percent), Conoco (down 84 percent) or ExxonMobil (down 58 percent). And the oft-quoted Marathon Oil? Net income in Q1 2002 was down 87 percent from 2001, due primarily to - as was the case for all of the above - reduced profit margins for refined crude products...
Though Bush would later brand Iran part of the "axis of evil," the task force proposed factoring in U.S. energy needs when reviewing sanctions against Iran and Libya. In addition to Exxon Mobil, two other oil giants, Conoco and Phillips Petroleum--each a $25,000 gala donor--have long opposed the sanctions, which deprive them of markets. Conoco president Archie Dunham, an old Cheney pal, visited him March 21 to press the case. Big Oil saw the task force's proposal as a victory, though hopes of lifting sanctions were dashed last summer. Congress voted to renew them...
...Though Bush would later brand Iran part of the "axis of evil," the task force proposed factoring in U.S. energy needs when reviewing sanctions against Iran and Libya. In addition to Exxon Mobil, two other oil giants, Conoco and Phillips Petroleum-each a $25,000 gala donor-have long opposed the sanctions, which deprive them of markets. Conoco president Archie Dunham, an old Cheney pal, visited him March 21 to press the case. Big Oil saw the task force's proposal as a victory, though hopes of lifting sanctions were dashed last summer. Congress voted to renew them...
...sign of fair weather ahead? Fred Green thinks so. Expecting a revival in corporate takeovers, Green, co-manager of the Merger Fund, has begun accepting new money from investors for the first time in two years. And his timing looks good. Last week Phillips Petroleum agreed to acquire Conoco for $15 billion in stock, followed swiftly by carpetmaker Mohawk Industries' $1.4 billion deal to buy flooring company Dal-Tile and the announcement of a $3 billion cruise-line merger of Royal Caribbean with Princess. There was even talk that cruise-line heavy Carnival might pre-empt that deal by bidding...