Activist investor Elliott Investment Management has built a $2.5 billion stake in Houston-based energy company Phillips 66, ...

Activist investor Elliott Investment Management LP has built up a more than $2.5 billion stake in Phillips 66, and is looking ...

Phillips 66 announced October 16, 2024, it would cease production at the Los Angeles refinery by the end of 2025, with chief executive Mark Lashier citing uncertainty from “market dynamics”.

Global diesel prices to rely on refinery closures for support in 2025 December 12, 2024 Phillips 66 will help power its refinery in Rodeo, California, with a new solar facility owned and operated ...

a process that involves converting some existing refinery operations to support cleaner energy initiatives. Recently, Phillips 66 has concentrated on expanding its midstream operations ...

Phillips 66's earnings fell sharply in the fourth quarter, hit by weaker refining margins and accelerated depreciation of its Los Angeles refinery, which it plans to close later this year.

Dozens of climate protesters with Sunrise Movement LA rallied outside Phillips 66’s Los Angeles Lubricant Terminal on Thursday morning, with 16 demonstrators storming the facility’s office ...

MARTINEZ, Calif.— The Contra Costa County Superior Court today ordered Phillips 66 to halt its plan to operate a biofuel refinery in Rodeo, California. The court put the Bay Area megaproject on hold ...