Home › Forums › Refining Community › Energy › New transportation networks set to bring US shale fuels to market › Reply To: New transportation networks set to bring US shale fuels to market
North American unconventional formations are the primary area of investment for ConocoPhillips over the next few years, said Chairman and CEO Ryan Lance. “We pivoted as fast as anybody, I think, in recognizing the potential of these unconventionals,” Lance said. He also cited Canadian oil sands and the North Sea as other areas of investment.
ConocoPhillips has entered a new era. The Houston-based corporation became the nation’s largest independent oil and natural gas exploration and production company when it split from its refining business last spring.