ConocoPhillips to Sell Interest in Two Pipeline Companies For a Total of $2 billion

Date of Article: Wednesday, November 16, 2011

Link: www.washingtonpost.com/business/industries/conocophillips-to-sell-interests-in-2-pipeline-companies-for-a-total-of-2-billion/2011/11/16/gIQADTIBRN_story.html

Summary: Sales are part ot the company's plan to focus on its most profitable business.  The company plans to split into two comapnies. 1. That explores and produces oil and gas. 2. Refines it into fuel.

Insight: In the words of the famous German painter Hans Hofmann, "The ability to simplify means to eliminate the unneccessary so that the necessary may speak."