ConocoPhillips COP today announced a 2013 capital budget of $15.8
billion (including contributions to the FCCL joint venture), which is
approximately flat to expected 2012 capital program spending. Investments
during 2013 will target the company's diverse portfolio of global
opportunities, with approximately 60 percent of the budget allocated toward
North America and 40 percent toward Europe, Asia Pacific and other
international businesses.
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