Phillips 66 is expected to lay off most workers at its 139,000-barrel-per-day Los Angeles-area refinery in December.

Phillips 66 will lay off most workers at its Los Angeles refinery in December as the facility prepares for its closure later in 2025 due to challenging market dynamics.

Elliott Investment Management, a Florida-based investor that has pushed UK supermajor BP to accelerate its oil and gas pivot, ...

Phillips 66 and Elliott Investment Management are poised to split a heated boardroom battle that culminated Wednesday, with ...

Phillips 66 (NYSE:PSX) recently announced that it has entered into a definitive agreement to divest a 65% interest in its ...

Phillips 66 is expected to receive pre-tax cash proceeds of approximately €1.5 billion (approximately $1.6 billion) after ...

PSX is divesting a 65% stake in its Germany and Austria retail business, valued at $2.8 billion, as part of its strategy to ...

A Phillips 66 subsidiary, Phillips 66 Continental Holding GmbH, has agreed to sell a 65% interest in its Germany and Austria retail marketing business, including JET-branded sites, to Carrera Bidco ...

Phillips 66 agreed to divest a majority stake in its Germany and Austria retail marketing business to a consortium owned by subsidiaries of investment firms Energy Equation Partners and Stonepeak.

Phillips 66 (PSX) announced on Thursday the sale of a 65% stake in its Germany and Austria retail marketing business to a ...