Conoco probably the most famous name in the American energy industry. The corporation was created in 1929 in Texas and transformed into ConocoPhillips in 2002. The brand is in the top 100 largest companies in the USA by revenue.
Meaning and history
Conoco, a significant player in the oil and gas industry, was founded by Isaac E. Blake in 1875. The company started as the “Continental Oil and Transportation Co.,” marking its journey in the oil sector. Throughout its history, Conoco has been a pioneer in various aspects of the petroleum industry. It established itself early on by being one of the first companies to use oil tank cars and later tank ships, demonstrating innovation in transportation and logistics. During the 20th century, Conoco expanded its operations globally, venturing into oil production in the Middle East and elsewhere. A notable achievement was the development of the first offshore oil platform in the Gulf of Mexico in the late 1940s. This breakthrough set a precedent for offshore drilling operations worldwide.
The company has undergone significant changes, including mergers and acquisitions, most notably with Phillips Petroleum Company in 2002, forming ConocoPhillips. This merger created one of the world’s largest independent exploration and production (E&P) companies. Today, ConocoPhillips holds a robust position in the industry, focusing on sustainable energy practices and innovative technologies. It’s heavily involved in exploring new energy frontiers, including liquefied natural gas (LNG) projects and shale oil production. The company’s commitment to environmental stewardship and corporate responsibility is evident in its operations and strategies, positioning it as a forward-thinking leader in the energy sector.
What is Conoco?
Conoco is a leading global energy corporation specializing in the exploration and production of oil and natural gas. With a history spanning over a century, it has evolved into a key player in the energy industry, known for its innovative practices and commitment to sustainability.
1930
The history of the Conoco brand can be traced back to 1875 when the Continental Oil and Transportation Company was founded. In 1929, it was purchased by Marland Oil. In its turn, Marland Oil was renamed Continental Oil Company but used its old logo – a red trangle. This time, it featured the lettering “Conoco” in white over the red rectangle.
1970
The company adopted a so-called capsule logo. While the design was heavily inspired by the previous version, it now looked cleaner and minimalistic.
The triangle disappeared altogether. The red rectangle housing the wordmark was replaced by a white ellipsoid with red trim. The glyphs grew simpler yet more unusual. This was mostly because of the “n” in the middle – in fact, it looked like a rotated “c.” This approach created a visual rhyme and helped to perceive the wordmark as a single whole.
When Conoco merged with Phillips Petroleum Company in 2002, it was renamed ConocoPhillip. However, the Conoco name remained as a brand of oil and gas station.
Somewhere in the 2000s, the brand introduced an alternative Conoco logo, where the ellipsoid was colored red and had a 3D effect.