COMPANY NEWS: ConocoPhillips decides locations of its US staff, support

Conoco Inc. and Phillips Petroleum Co. have determined the locations of most major staff and support functions for the newly formed ConocoPhillips. As a result, the combined firm expects to lay off some workers in Houston, Tempe, Ariz., and Ponca City, Okla. Employees will be spared in Phillips's Bartlesville, Okla, headquarters, however.In other company acquisitions news:Tesoro Petroleum Corp. again amended terms for its purchase of Valero Energy Corp.'s 168,000 b/d Golden Eagle refinery and 70 related retail sites in northern California. Tesoro will pay a total of $1.075 billion and delay the payment of $150 million of the acquisition price by issuing two 10-year notes.ExxonMobi...

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