Hints and tips:
...Shares in Phillips 66 jumped about 4 per cent on Wednesday....
...News round-up Activist fund Elliott seeks board seats at oil refiner Phillips 66 (FT) Castore scores £950mn valuation after Raine-led funding round (FT) Farfetch shares plunge despite talk of founder...
...And, as the Deloitte survey points out, these employers could face losing their pipeline of future leaders — and have difficulty recruiting replacements. What’s the next move? You tell me....
...They include shale producer Continental Resources, Gulf of Mexico-focused oil company Talos Energy and Phillips 66, an oil refiner....
...Several firms have mutual fund-to-ETF transformations in the pipeline. For example, JPMorgan Asset Management plans to switch a batch of four mutual funds into ETFs in March....
...Shares in the energy group dropped 1.5 per cent following Elliott’s declaration that the company’s longstanding chief executive Alistair Phillips-Davies had widely underperformed during his eight-year tenure...
...Phillips 66 said it is “committed to helping the world address climate change”. Marathon declined to comment....
...Vitol and US energy group Phillips 66 have recently partnered with Harbour Energy, the UK’s biggest oil and gas producer, to bury carbon in the former Viking gasfield in the southern North Sea....
...The 66-year-old says he has contemplated his succession “since 2000”, but if indeed he has, it is the most closely guarded secret in Russia and a matter of some sensitivity for the president himself....
...The shares of refiners Phillips 66 and Marathon Petroleum have risen by 13 and 11 per cent, respectively, this month....
...The Obama administration and Pennsylvania’s elected officials helped arrange the deal with Carlyle, which took a 66 per cent stake in the company alongside Sunoco....
...“This decision will authorize 200,000 barrels of sweet crude oil and 300,000 barrels of sour crude oil to be drawn down from SPR’s West Hackberry site and delivered via pipeline to the Phillips 66 refinery...
...Conoco, which has only upstream operations after spinning off its refining, chemicals and pipelines operations as Phillips 66 in 2012, reported after-tax earnings of $500m for the fourth quarter of 2017,...
...ExxonMobil said on Saturday it was restarting its Baytown, Texas, refinery while Phillips 66 is preparing to resume operations at its Sweeny refinery, also in Texas....
...In a sign of the mounting supply troubles, the US Department of Energy on Thursday authorised the release of 1m barrels of crude oil from its Strategic Petroleum Reserve (SPR) to Phillips 66’s refinery in...
...A spokesperson for Phillips 66 said the company had “extensive dialogue with Nordea regarding their concerns over the Dakota Access pipeline”....
...Conoco is the largest pure exploration and production company in the US, having spun off its refining, chemicals and pipeline operations in 2012 as Phillips 66....
...Conoco became the world’s largest company focused solely on exploration and production for oil and gas when it spun off its refining, pipelines and chemicals businesses in 2012 as Phillips 66....
...Unlike Conoco, which split off its refining, chemicals and pipelines business as Phillips 66 in 2012, the largest companies have retained significant downstream operations....
...Elsewhere, Phillips 66 said its board approved an increase in its stock buyback of $2bn, bringing the total authorisation to $9bn....
...Its share price fell 40 per cent in morning trading before recovering to close the day at 66.5p, a fall of 20 per cent....
...Among the importers since July is refiner Phillips 66, which has purchased crude from Gabon and Angola for its New Jersey refinery....
...Shares of Micron Technology fell 18 per cent to $19.66. US stocks fluctuated as markets await the latest news on Greece ahead of the June 30 deadline....
...Conoco, which spun off its refining, chemicals and pipeline business as Phillips 66 in 2012, reported an 87 per cent drop in earnings per share to 22 cents....
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