ConocoPhillips To Develop Propane Pump Network With CleanFuel, Terms Undisclosed
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[November 09, 2008]

ConocoPhillips To Develop Propane Pump Network With CleanFuel, Terms Undisclosed

Nov 10, 2008 (financialwire.net via COMTEX) --
November 10, 2008 (FinancialWire) -- ConocoPhillips (NYSE: COP) has signed a three-year agreement with an alternative fuel company to develop a network of propane fuel pumps for the commercial transportation industry.

Financial terms of the deal were undisclosed. CleanFuel USA and ConocoPhillips will install the pumps at shipping centers, as well as Conoco, Phillips 66 and 76-branded stations.

The companies said that ConocoPhillips will supply the propane.
Shares of ConocoPhillips rose $2.47, or 5.03 percent, to close at $51.58 Friday.


FinancialWire" is a fully independent, proprietary news wire service of Investrend Information (a division of Investrend Communications, Inc.). FinancialWire" news is written by professional journalists, dedicated to pure journalistic standards. FinancialWire" does not receive or accept any compensation from any individual or subject company (or representative thereof) for its news or opinions. All FinancialWire" news is available at http://www.financialwire.net . Please address any inquiries to feedback@financialwire.net .

Free annual reports for companies mentioned in the news are available at http://investrend.ar.wilink.com/?level=279 .


http://www.financialwire.net

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