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Company: Conoco Inc.
Current Parent Company:
ConocoPhillips
Parent at the Time of the Penalty Announcement:
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Recap of Ownership Changes:
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Penalty: $116,500,000
Year: 2001
Date: December 20, 2001
Offense Group: environment-related offenses
Primary Offense: air pollution violation
Violation Description: To resolve a Clean Air Act case, Conoco agreed to spend up to $110 million to reduce emissions, pay a $1.5 million civil penalty and spend $5 million on supplementary environmental projects.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Environment and Natural Resources Division
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Texas
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: oil and gas
Specific Industry of Current Parent: oil & gas
Source of Data:
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Archived Source:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.