ConocoPhillips focuses on the exploration, production, and marketing of crude oil, natural gas, and natural gas liquids. The company operates in various global markets, including the United States, Canada, Norway, and Australia, serving clients ranging from industrial sectors to national governments. Its business model emphasizes upstream activities, which involve extracting and initially processing oil and gas. Revenue is generated through sales to refineries and other end-users. ConocoPhillips is dedicated to advancing liquefied natural gas (LNG) technology and invests in research and development to enhance the efficiency and environmental impact of its operations. The company collaborates with industry leaders to promote low-carbon LNG solutions, setting it apart from competitors.