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Context of 'February 25, 2003: ConocoPhillips CEO ‘Covet[s] the Opportunity to Get’ Iraq Oil'

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Conoco logo.Conoco logo. [Source: Perkins Oil (.net)]The chairman of oil giant Conoco, Archie Dunham, meets with Vice President Cheney’s energy task force (the National Energy Policy Development Group—see May 16, 2001). In November 2005, ConocoPhillips CEO James Mulva will claim that no one from Conoco ever met with the task force (see November 16, 2005). [Washington Post, 11/16/2005]

Entity Tags: Richard (“Dick”) Cheney, Archie Dunham, ConocoPhillips, National Energy Policy Development Group, James Mulva

Timeline Tags: US Environmental Record

As war with Iraq looms, big multinational oil companies anticipate the bonanza to be reaped: Iraq has the world’s second largest oil reserves. ConocoPhillips chairman Archie Dunham tells the Financial Times, “We know where the best resources are [and] we covet the opportunity to get them some day.” [Financial Times, 2/25/2003; Unger, 2007, pp. 289]

Entity Tags: ConocoPhillips, Archie Dunham

Timeline Tags: Events Leading to Iraq Invasion

Mike Stinson of ConocoPhillips and Bob Morgan of BP replace Rob McKee and Terry Adams as advisers to Iraq’s oil ministry. The British government pays them £147,700 for their work. [Muttitt, 2005]

Entity Tags: Bob Morgan, Terry Adams, Rob McKee, Mike Stinson

Timeline Tags: Iraq under US Occupation

ConocoPhillips reports record profits for its 2004 fourth quarter, over double the amount it posted twelve months before. Income from continuing operations rose to $2.5 billion compared with $985 million in 2003. The dramatic increase in profits is attributed to record high oil prices. [Marketwatch, 1/26/2005]

Entity Tags: ConocoPhillips

Timeline Tags: Events Leading to Iraq Invasion

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