CALIFORNIA | LOCAL
January 16, 2012 |
A "major emergency" fire that consumed most of a two-story office building Monday at a ConocoPhillips oil refinery was knocked down and did not affect any other refinery facilities, officials said. The knockdown was declared shortly after 8 a.m., nearly four hours after the fire was reported, according to Los Angeles Fire Department spokesman Matt Spence. A total of 166 firefighters battled the blaze, which was limited to an administrative building. "This free-standing structure was located some distance away from the refinery itself," Spence said.
CALIFORNIA | LOCAL
March 15, 2010 |
The South Coast Air Quality Management District improperly permitted an oil refinery to implement a new industrial process without an environmental review even though the project might have caused substantially more air pollution, the California Supreme Court unanimously decided Monday. The state high court faulted the air quality district for determining that the project by ConocoPhillips Co. in Wilmington would not significantly hurt the environment. The court said the air district applied the wrong base rate when calculating the effect of the emissions.
April 13, 2010
COURTS Broadcom prevails in patent fight A federal appeals court in Washington sided with Irvine-based Broadcom Corp., ruling that the SiRF microchip used in some navigation devices violated Broadcom patents. The decision upheld an infringement finding and import ban issued last year by the U.S. International Trade Commission that barred SiRF and devices containing SiRF chips made by Pharos Science & Applications Inc., Mitac International Corp.'s Mio Technology and E-TEN Corp.
April 17, 2007 |
Oil company ConocoPhillips and meat producer Tyson Foods Inc. plan to work together to produce biodiesel from animal fat, the companies said. Beef, pork and chicken fat from Tyson rendering plants will be processed at ConocoPhillips refineries to create transportation fuel. ConocoPhillips, the third-largest U.S. oil company, said it planned to spend about $100 million over a 3- to 5-year period to prepare several refineries to process the fuel.
January 30, 2003 |
ConocoPhillips, the third-largest U.S. oil company, had a loss of $410 million in the fourth quarter after more than $1 billion in expenses to sell or close hundreds of service stations eroded the benefit of rising prices. ConocoPhillips, which was created by the Aug. 30 merger of Conoco Inc. and Phillips Petroleum Co., had a per-share loss of 60 cents, the company said. That compares with a net income of $162 million, or 42 cents, in the same period of 2001. Revenue rose to $23.
January 26, 2006 |
ConocoPhillips, the third-largest U.S. oil company, said fourth-quarter profit jumped 51% as rising demand and supply disruptions lifted energy prices. Net income climbed to $3.68 billion, or $2.61 a share, from $2.43 billion, or $1.72, a year earlier, the Houston-based company said Wednesday. Revenue rose 30% to $52.2 billion. ConocoPhillips and other oil companies reaped record earnings last year as energy prices surged to all-time highs. U.S. crude-oil futures averaged $60.