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HomePhillips 66

Phillips 66

Phillips
Downstream

Phillips 66: Business Transformation In Progress

December 5, 2022 Mariel Alumit

Introduction Houston, Texas-based Phillips 66 (NYSE: NYSE:PSX) released its third quarter of 2022 on November 1, 2022. Also, on November 9, 2022, the company held its “investor day 2022,” unveiling PSX’s strategy. Phillips 66 expects to return […]

Phillips 66 offers to buy pipeline operator DCP Midstream
M & A

Phillips 66 offers to buy pipeline operator DCP Midstream

August 17, 2022 Stu Turley

HOUSTON, Aug 17 (Reuters) – U.S. refiner Phillips 66 (PSX.N) on Wednesday offered to acquire the public shares of gas and natural gas liquids pipeline operator   DCP Midstream (DCP.N) in a $7.2 billion deal.   Canadian pipeline […]

Phillips 66
Downstream

Oil Refiner Phillips 66 May Idle Hurricane-Ravaged Facility

September 11, 2021 Stu Turley

Phillips 66 may idle a New Orleans-area refinery that suffered so much damage during Hurricane Ida that repairs may be too costly, according to people familiar with the operation. Chief Executive Officer Greg Garland is […]

US Gulf Oil Producers - Shell Refinery
Commodities

U.S. Gulf Oil Producers, Refiners Shut as Ida Comes Ashore

August 29, 2021 Stu Turley

Oil and natural gas explorers in the U.S. Gulf of Mexico and Louisiana refineries have shut production as Hurricane Ida crashes ashore. Based on the latest forecast by the National Hurricane Center, Ida will make landfall near New Orleans […]

Downstream

A Hurricane Ida unknown: Economic impact on region and US

August 29, 2021 Stu Turley

A strengthening Hurricane Ida, bearing high winds and the likelihood of flooding rain as it heads for the Louisiana coast, could damage the energy-heavy Gulf Coast economy and potentially have economic consequences well beyond the […]

BP Chemicals Deal Expands Reach of Ineos
Crude Oil News

BP Chemicals Deal Expands Reach of Ineos

January 10, 2021 Stu Turley

Rigzone: Based on recent pageview figures, Rigzone’s downstream readers showed considerable interest in news about the sale of some BP assets and the cashflow challenges of another supermajor. Keep reading for this summary of three […]

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