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Elliott Investment Management has won support from a prominent Phillips 66 investor for replacing some of the oil refiner’s ...
Federal prosecutors in Los Angeles charged Phillips 66 last year with six counts of violating the U.S. Clean Water Act by dumping oil and grease from its Carson refinery, just outside Gonzalez’s ...
The contest pits one of the energy sector’s most storied players, which started 108 years ago as the Phillips Petroleum Co., against arguably the most influential activist fund manager in the world, ...
In a letter to shareholders, Phillips 66--which operates 11 refineries in the U.S. and Europe--said it aims to decrease its refining adjusted controllable costs to $5.50/bbl by 2027, which would mark ...
Activist investor Elliott Investment Management filed a lawsuit against Phillips 66 PSX-1.53%decrease ... board seats be up for election at the oil refiner’s next annual shareholder meeting.
U.S. refiner Phillips 66 told ... “FOR” only Phillips 66’s nominees. Another high-profile activist push from Elliott is unfolding at UK-based supermajor BP. The oil giant’s chair Helge ...
Chun / Los Angeles Times via Getty Images Phillips ... stake in the oil refiner. According to the report, which cited people familiar with the matter, Elliott wants Phillips 66 to simplify its ...
Phillips 66 (NYSE: PSX) has filed its definitive proxy statement ahead of its May 21 Annual Meeting and issued a strongly worded letter urging shareholders to support its current board nominees ...
Phillips 66 PSX, the Houston, TX-based oil giant, has confirmed plans to shut down its 147,000 barrels-per-day Los Angeles refinery by October, CEO Mark Lashier announced at the Piper Sandler ...