Violation Tracker Individual Record

Company: 
Conoco
Current Parent Company: 
ConocoPhillips
Penalty: 
$4,360,000
Year: 
2000
Date: 
July 25, 2000
Primary Offense: 
tax violations
Violation Description: 

Five oil producers -- Conoco, Unocal, Amerada Hess, Energen and Shell -- agreed to pay a total of $21.8 million in settlement of claims they had underpaid severance taxes owed to the state for oil production. The announcement did not specify how much each company would pay. Here we assume the amount was divided evenly among them.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Louisiana Attorney General
Civil or Criminal Case: 
civil
Facility State: 
Louisiana
HQ Country of Parent: 
USA
HQ State of Parent: 
Texas
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
oil and gas
Specific Industry of Parent: 
oil & gas
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.