Jim Mulva
Jim Mulva
James J. Mulvais Chairman and Chief Executive Officer of ConocoPhillips. As announced on July 14, 2011, Mulva intends to retire upon completion of the separation of ConocoPhillips into two stand-alone publicly traded companies. Until then, he will continue to serve as ConocoPhillips’ CEO and lead the separation efforts...
anticipate capacity costs expected quarter range second turnaround
Domestically, we anticipate another quarter of significant turnaround activity. Capacity utilization is expected to be in the mid-90% range with turnaround costs of approximately $100 million, before tax, in the second quarter.
benefit coast commodity continued despite gulf operating operations overall performance price quarter rita strong
During the quarter, our U.S. Gulf Coast operations were significantly impacted by Hurricanes Katrina, Rita and Dennis. Despite these impacts, our overall operating performance for the quarter was good, and we continued to benefit from the strong commodity price environment.
agreement aligned basis goals increased invest production provides reserves strong training
This agreement provides a strong basis for us to invest in our aligned goals for increased reserves and production and in the training and development of our Libyan workforce.
achieved august building business capitalize capture continued enable further global groups human increase merger provide recent resources services success systems time value
We are building on the success we achieved with the formation of Global Systems and Services at the time of our merger in August 2002, as well as our recent achievements with our Human Resources leveraged service center. Continued consolidation of service groups will enable us to further capitalize on opportunities to capture efficiencies and increase the value they provide to our business units globally.
agreement aligned basis goals increased invest libya people pleased productive provides reserves state strategic strong training work
We are pleased to be resuming our long and productive partnership with the people and the state of Libya in this strategic asset. This agreement provides a strong basis for us to invest in our aligned goals for increased reserves and production, and in the training and development of our Libyan work force.
doubtful higher willing
We will look at everything but...based on what we would be willing to pay, we would not be competitive; its kind of doubtful for us to go higher than what we've done with the Burlington acquisition.