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HomePhillips 66

Phillips 66

Crude Oil News

Venezuela Isn’t Escalation – It’s Supply Managment – DRW

December 18, 2025 Clark Savage

What a week in the oil and gas markets. We have Dark Fleet Tankers over the weekend rolling up on Venezuela to be filled up, and Michael Tanner and Stu Turley talk about it on […]

The Western Gateway - Energy Security Starts at Home - Source: ENB
Diesel

Phillips 66 Sees an Opportunity to Supply the West Coast with the Western Gateway Pipeline: A National Security Imperative

December 17, 2025 Clark Savage

In an era when energy independence is paramount to national security, California’s aggressive push to phase out fossil fuels under Governor Gavin Newsom has created a precarious situation. Refineries are shuttering, fuel shortages loom, and […]

Big Oil Companies

OPEC Plus Add It Again – ENB Weekly Recap

September 13, 2025 Andy Del Prado

Weekly Daily Standup Top Stories Oklo Commences First Phase Construction on Nuclear Fuel Recycling Facility September 5, 2025 Clark Savage In a significant step toward advancing the U.S. nuclear energy sector, Oklo Inc. (NYSE: OKLO) has […]

Diesel

California in Talks to Pay Hundreds of Millions to Valero to Stave Off Refinery Shutdown

September 10, 2025 Clark Savage

In a dramatic turnaround amid California’s escalating energy crunch, state legislators are reportedly negotiating to hand over hundreds of millions of dollars to Valero Energy Corp. to prevent the shutdown of its Benicia refinery in […]

Diesel

Phillips 66 Starts to Wind Down Los Angeles Area Refinery Next Week

August 28, 2025 Clark Savage

In a move that underscores the mounting pressures on California’s oil refining industry, Phillips 66 is set to begin winding down operations at its 139,000 barrel-per-day (bpd) Los Angeles-area refinery starting in September 2025, with […]

Phillips 66
Diesel

Phillips 66 to Lay Off Most Workers at Los Angeles Refinery as California’s Refining Woes Deepen

May 25, 2025 Clark Savage

Phillips 66’s decision to shutter its Los Angeles-area refinery by the end of 2025, with layoffs beginning in December, marks another blow to California’s already strained refining sector. The closure, affecting 600 employees and 300 […]

Big Oil Companies

Chevron Open to Buying Phillips 66 Chemical Stake

February 26, 2025 Clark Savage

Activist fund Elliott is pushing Phillips 66 to sell chemicals CPChem is 50-50 joint venture between Chevron and Phillips 66 Chevron Corp. is interested in buying Phillips 66’s stake in a chemicals joint venture that activist Elliott Investment […]

Critical Minerals

Trump Eyes Greenland

January 8, 2025 Andy Del Prado

Daily Standup Top Stories Why would President Trump want to Annex Greenland? Is it for the weather or critical minerals? January 7, 2025 Clark Savage Ok, there is a lot of speculation today from X around […]

Phillips 66
Finance

Phillips 66 to Acquire Midstream NGL Assets in Permian from EPIC

January 7, 2025 Mariel Alumit

Phillips 66 has signed a deal to acquire EPIC Y-Grade GP LLC and EPIC Y-Grade LP for $2.2 billion, expanding its midstream footprint in the Permian Basin. The two, part of EPIC Consolidated Operations LLC, […]

CO2 & GHG

President Trump Taps Chris Wright

November 18, 2024 Andy Del Prado

Daily Standup Top Stories Trump Picks Oil Field Services Boss Chris Wright as Energy Secretary November 16, 2024 Clark Savage ENB Pub Note: President Trump has committed to lowering our energy bills by 50%, and he […]

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