Phillips 66
American multinational energy company
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2025 | Phillips 66 acquired NGL companies EPIC Y-Grade GP LLC and EPIC Y-Grade LP for $2.2 billion, connecting operations in the Permian basin with Gulf Coast refineries and export sites. |
2024 | Closure of the Los Angeles Refinery was announced. |
November 21 2024 | Phillips 66 was indicted in U.S. federal court on six counts of violating the Clean Water Act, marking a significant legal challenge for the company regarding environmental compliance. |
October 2024 | A jury ordered Phillips 66 to pay $604.9 million in damages to Propel for violating the California Uniform Trade Secrets Act. |
January 2023 | Phillips 66 acquired all publicly traded stocks of DCP Midstream's pipeline operations for $3.8 billion, doubling its stake in DCP to 86.8%. |
February 2022 | Propel filed a lawsuit against Phillips 66's California business after Phillips 66 started to develop a renewable fuel business. |
December 31 2021 | By the end of 2021, Chevron Phillips Chemical had grown to 5,000 employees globally, with US$17 billion in assets and 31 manufacturing and research facilities across six countries: United States, Belgium, China, Colombia, Qatar, Saudi Arabia, and Singapore. |
December 31 2020 | Phillips 66 reported total CO2e emissions of 30,050 kilotonnes, marking a 13.5% year-over-year reduction from the previous year's emissions. |
August 2018 | Phillips 66 terminated the acquisition deal with Propel Fuels. |
December 2017 | Phillips 66 made a bid to acquire Propel Fuels and began working together with Propel disclosing proprietary data and strategies. |
2015 | Phillips 66's Los Angeles refinery was processing 21,512 barrels per day of Amazonian oil. Multiple refineries (Los Angeles, Lake Charles, San Francisco, and Sweeney) were receiving and processing crude oil from the Amazon River Basin of South America. |
February 17 2015 | Phillips 66 sold two natural gas pipeline systems to its affiliate, Phillips 66 Partners, for $1.01 billion in cash and stock. |
December 30 2013 | Berkshire Hathaway announced it would trade more than 19 million of its 27.2 million shares in Phillips 66 to acquire a business that makes crude oil pipeline flow additives. |
October 2013 | Two workers were injured in an accident at the company's Humber refinery. |
2012 | Phillips 66 was spun off from ConocoPhillips, creating a company comparable in size to Valero Energy, the largest refiner at the time. |
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