Financial Times FT.com

Big Oil drills for vote of approval

By Sheila McNulty in Houston

Published: July 25 2007 18:36 | Last updated: July 25 2007 18:36

When Conoco­Phillips was battling to prevent a state takeover of its multibillion-dollar investments in Venezuela last month, why was one of its top executives talking to elementary school teachers about lightbulbs?

Jim Gallogly, head of refining and marketing, was conducting a day of questions and answers on recycling and other issues in Columbia, South Carolina. The third-biggest oil company in the US had sent him to a small city – where it has no operations – at this a critical time.

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