Tag: Phillips 66

Fortune 500: Biggest losers and gainers

Energy companies are regulars at the top of the Fortune 500 list. But several of the biggest names in the business took a hit this year.  More »
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CEO: ConocoPhillips on track for 25% growth by 2017

A year removed from a split that made ConocoPhillips the world’s largest independent oil company, its CEO said it was on track for a more than 25 percent production jump by 2017.  More »
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Phillips 66 CEO: ‘By all metrics, we feel very good’

Phillips 66 CEO Greg Garland said he doesn’t expect the Keystone XL pipeline to gain U.S. approval this year and suggested regulators will need to “fix” requirements governing the blending of biofuels into gasoline. But Garland said neither of those issues are of serious concern to Phillips 66, which held its first shareholders meeting Wednesday.  More »
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Shale crude boosts Phillips 66′s first-quarter earnings

Continuing to profit from lower-priced U.S. shale oil, Phillips 66 Wednesday announced first-quarter earnings of $1.4 billion.  More »

Major accidents in Texas

Texas has been struck by two industrial fires this week. Here’s a look back at some major accidents at refineries and chemical facilities that have shook the state over the years.  More »

Phillips 66 announces plans for new Gulf Coast facility

Phillips 66 says it will build a 100,000 barrel-per-day natural gas liquids fractionator in Old Ocean, near the company’s refinery in Sweeny.  More »

Phillips 66 announces IPO for midstream assets

Phillips 66 has registered for an initial public offering for a midstream partnership, following up on an announcement that CEO Greg Garland had previously made to investors and analysts.  More »

Phillips 66 signs deals to use more U.S. shale crude

Kicking its strategy of using cheaper crude oil from U.S. shale plays into high gear, Phillips 66 has signed deals with three midstream companies to bring as much as 130,000 barrels a day of North American crude oil to its refineries.  More »

ConocoPhillips chief sets new path, culture

After years of slimming down, ConocoPhillips is on an aggressive growth track under new Chief Executive Officer Ryan Lance. Watch his interview with FuelFix, as he lays out his blueprint for leading the nation’s largest oil producer to new heights.  More »

Phillips 66 announces gains for refining, chemicals businesses

Phillips 66 reported adjusted fourth-quarter earnings of $1.3 billion, thanks to cheaper crude oil from the United States and Canada.  More »

Noble Energy planning 20-story office tower

Noble Energy is building a corporate campus, spanning nearly 1 million square feet, on the southwest corner of Texas 249 and Louetta. It’s the latest in a string of energy firms planning campus developments.  More »

Phillips 66 moving Bakken oil by rail in $1B deal

Phillips 66 has begun shipping crude by rail from North Dakota to a refinery in New Jersey in an effort estimated at more than $1 billion.  More »
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