ConocoPhillips forms Global Gas, names Sig Cornelius president

ConocoPhillips said May 6 that it has formed a Global Gas organization within its Exploration and Production segment, and has named Sig Cornelius, currently president of U.S. Lower 48, Latin America & Midstream, as president of Global Gas. Cornelius will report to Bill Berry, executive vice president of ConocoPhillips’ E&P segment, the company said.

Global Gas will be responsible for ConocoPhillips’ worldwide natural gas strategy, the company said, as well as commercialization and profitability of key natural gas assets, including liquefied natural gas projects, regasification terminals, gas-to-liquids and power businesses, and major gas pipeline efforts.

ConocoPhillips said the organizational change reflects “the significant scale” of the company’s growing natural gas business.

“Gas projects worldwide have become an important part of ConocoPhillips’ upstream business,” Berry said in a statement. “Consolidating our global gas activities under one organization will allow us to more effectively develop our gas business, better leverage our technology and expertise worldwide, and enhance our ability to deliver product to the marketplace.”

Cornelius joined Conoco in 1980 and has held several positions in the natural gas and gas projects groups, as well as in upstream business development and finance. He served as president of both Conoco Canada Ltd. and Dubai Petroleum Co. He has a bachelor’s degree from Iowa State University and Master of Science degrees in Management from both Purdue and Stanford University.