ConocoPhillips China
  • Who We Are
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    Who We Are

    ConocoPhillips China, world’s largest independent E&P company, oil and gas exploration and production operations in China.

    Our Company

    ConocoPhillips China Inc. (COPC) is a wholly-owned subsidiary of ConocoPhillips undertaking oil and gas exploration and production operations in China. GO

    Our Vision In China

    Be the leading independent oil and gas supplier to the Chinese economy, delivering value to the people of China, local communities, investors, partners and employees through the application of our SPIRIT value. GO

    Business Ethics

    Business Ethics, Conduct & Policy. GO

    SPIRIT Values

    Our SPIRIT Values – Safety, People, Integrity, Responsibility, Innovation, Teamwork GO

    Clean Energy

    Secure and sustainable energy future of ConocoPhillips China. GO

    Our story in China

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  • Sustainable Development
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    Sustainable Development

    ConocoPhillips has proudly supported the sustainable development of China’s energy resources for more than 30 years.

    Our Commitment

    We are committed to delivering on our global commitment to economic growth, a healthy environment and vibrant communities across our operations in China. GO

    Commitment to the Bohai Sea

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    Our Approach

    ConocoPhillips promotes sustainable development by practicing five competencies: integration, stakeholder engagement, lifecycle management, knowledge management and innovation. GO

  • In Communities
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    In Communities

    ConocoPhillips China takes action for the good of the community.

    Education & Youth Development

    An important part of our business is the philanthropic work we undertake in our community, and education and youth programs are at the heart of it. GO

    Environment

    Our goal is to operate our businesses in a safe and environmentally friendly manner causing harm to no one, be they employees, contractors, customers, neighbors or communities. GO

    Disaster Relief

    ConocoPhillips China is ready to provide support to the communities that are badly impacted by natural disasters. We provided funds to Sichuan Wenchuan in 2008 and Qinghai Yushu in 2010 that were devastated by earthquakes. GO

    Health, Safety & Social Services

    Supporting organizations that connect citizens and families in need with basic human or social services to ensure their safety, health and well-being. GO

    Employee Volunteerism

    Embedded in the SPIRIT of ConocoPhillips' core values is a strong commitment to building a legacy of trust and enhancing the quality of life in the communities in which we live and operate. GO

    Bohai Environmental Sustainability Initiative

    ConocoPhillips is committed to supporting programs that enhance the marine environment and bring long-term benefit to China, with special focus on Bohai Bay and its communities. GO

ConocoPhillips China and CNOOC Reach Agreement with the State Oceanic Administration

April 27, 2012

BEIJING - ConocoPhillips China Inc. (COPC), a subsidiary of ConocoPhillips [NYSE:COP], and the China National Offshore Oil Corp. (CNOOC) have reached an agreement with the State Oceanic Administration (SOA) related to the June 2011 incidents at the Peng Lai 19-3 field.

Under the agreement, the SOA will receive a total of RMB 1.683 billion (approximately USD 267 million) from COPC and CNOOC. COPC will pay RMB 1.090 billion (approximately USD 173 million) to resolve claims related to the possible impacts of the incidents on the Bohai Bay marine environment, and will pay RMB 113 million (approximately USD 18 million) to support environmental initiatives in Bohai Bay. The initial programs will focus on improving marine environment protection and reducing pollutants in the bay.

As one of the largest foreign investors in China's energy sector, ConocoPhillips places the highest priority on its commitments to the country and looks forward to continued operations in China.

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CONTACTS

 

ConocoPhillips China Inc.
Olivia Yan
Tel: +86 (10) 8453-8666 (x 6565)
Email: rsccopcmedia@conocophillips.com