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View ArticlePhillips 66 aims future to lower-carbon opportunities
Approximately 50% of growth capital supports lower-carbon opportunities.
View ArticleHarvest announces agreement to acquire Belle Chasse Terminal facility from...
With this acquisition, Harvest will extend the value chain around its existing regional crude pipeline systems.
View ArticlePhillips 66 promotes Babin to senior advisor
Tristan Babin has been promoted to senior advisor, communications strategy and content at Phillips 66.
View ArticlePhillips 66 to invest billions in new capital program
Phillips 66 recently announced a 2023 capital program of $2 billion, including $865 million for sustaining capital and $1.1 billion for growth capital.
View ArticleSix injured in fire at Phillips 66 complex
Officials say the cause of the incident is still under investigation.
View ArticleCPChem joint venture advances projects to grow production
Chevron Phillips Chemical is taking ambitious steps to grow its chemicals output with two world-class projects.
View ArticlePhillips 66’s Tyler: Rich plant history lays foundation for innovative future
With 32 years of industry experience and after having worked for the company since 2001, Scot Tyler assumed the role of general manager at the Phillips 66 Lake Charles Manufacturing Complex in...
View ArticleEnergy firms bet big on carbon capture projects in U.S., Canada
Energy companies are making big investments in carbon capture projects, in their bid to slash greenhouse gas emissions to achieve net-zero goals.
View ArticleHuge Phillips 66 biofuels project will test the industry’s green promises
In the oldest refining town in the American West, Phillips 66 is promising a greener future as it moves to halt crude-oil processing and build a massive renewable diesel plant, leading a global trend.
View ArticleUPDATE: Shelter in place lifted following chlorine leak from BioLab
A visible vapor cloud could be seen in the area this morning, and air monitors confirmed chlorine in the air, state police said.
View ArticleU.S. oil refiners to post strong Q1 earnings, but demand outlook dims
U.S. fuelmakers are expected to post higher first-quarter earnings in coming days on strong fuel exports and margins even as domestic diesel demand slumped during the period.
View ArticleTCEQ's Environmental Trade Fair & Conference (ETFC)
TCEQ's Environmental Trade Fair & Conference (ETFC) took place from May 16th through 17th at the Austin Convention Center in Austin, Texas.
View ArticleEnergy transition gives petrochem industry new opportunities
To say that Zhanna Golodryga, executive VP of emerging energy and sustainability with Phillips 66, views the industry’s emerging energy transition with great enthusiasm would be a huge understatement.
View ArticleU.S. fuelmaker profits to fall from last year's records
U.S. refining profits are expected to fall from last year's records but remain strong as domestic refining outages and increased foreign competition pose challenges.
View ArticlePhillips 66 joins rival refiners with sharp profit drop on lower margins
Phillips 66 reported a 46% fall in second-quarter profit, the latest U.S. refiner to signal the hit from a decline in margins from last year's sky-high levels when Russia's invasion of Ukraine squeezed...
View ArticleTivoli Midstream acquires NTX Gathering System from Phillips 66
NTX consists of approximately 140 miles of crude oil gathering and transportation pipelines and storage capacity in the Barnett Shale area of Northern Texas.
View ArticleNew FCC safety training program saves lives: A roadshow you can't miss
Learn how safety experts from Phillips 66, Chevron, Marathon and Delek refineries have been working together for years to develop a process safety toolbox, which may have prevented highly publicized...
View ArticleAFPM Summit 2023
The Summit delivers world-class technical sessions dedicated to improving plant-wide performance in the refining and petrochemical industries.
View ArticlePhillips 66 reports third-quarter 2023 financial results and update to...
Phillips 66 is on track to exceed its original strategic priority targets. The company is successfully executing operational enhancements in Refining and delivering business transformation cost...
View ArticleActivist investor Elliott takes $1 billion stake in U.S. oil refiner Phillips...
Elliott Investment Management has taken a $1 billion stake in Phillips 66 and is urging the U.S. oil refiner and pipeline operator to revamp its board to boost lagging performance.
View ArticleU.S. refiner Phillips 66 retains big-name advisers for Elliott duel
U.S. oil refiner Phillips 66 has retained two top financial and legal advisers for its duel with activist investor Elliott Investment Management, according to a person familiar with the matter.
View ArticlePhillips 66 announces 2024 capital program
Phillips 66 announced a 2024 capital budget of $2.2 billion, including $923 million for sustaining capital and $1.3 billion for growth capital.
View ArticlePhillips 66 welcomes Carberry to top VP HR role
In this role, he will serve as strategic business partner and advisor to the CEO, executive leadership team and the board of directors.
View ArticlePhillips 66 in talks for non-core assets sale
U.S. refiner and petrochemical manufacturer Phillips 66 is in active discussions for a sale of its non-core assets, Chief Executive Mark Lashier said during an energy conference.
View ArticlePhillips 66 delivers strong 4Q 2023 results, advances strategic priorities
Excluding special items of $102 million, the company had adjusted earnings of $1.4 billion in the fourth quarter, compared with third-quarter adjusted earnings of $2.1 billion.
View ArticlePhillips 66 appoints Robert W. Pease to board of directors
Phillips 66 and Elliott Investment Management L.P. have agreed to work together to identify a second mutually agreed director to be named over the coming months.
View ArticleU.S. refinery M&A stalls as buyers shun aging assets, uncertain future
The growing number of operators looking to sell assets reflects the hope that a post-pandemic surge in margins - which for some products nearly quadrupled in 2022 - might have opened up a rare window...
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