Tag: phillips 66
Dakota Access Pipeline to start in 2nd quarter: Phillips 66 CEO
Dakota Access Pipeline to carry 470,000 barrels of crude per day NEW YORK, Feb 3 (Reuters) – The chief executive of Phillips 66 said on Friday he expects the Dakota Access Pipeline to start operations in the second quarter, even though the project – which has sparked protests by Native Americans and environmentalists – is […]
Phillips 66 expects Dakota Access permit to be granted
Dakota Access permit to build pipeline under the Missouri River “in short order”: Phillips 66 CEO HOUSTON, Oct 28 (Reuters) – U.S. refiner Phillips 66 expects a permit will be granted to build a section of the Dakota Access pipeline under the Missouri River near Native American land in North Dakota, Chief Executive Officer Greg Garland said on […]
Phillips 66 Partners announces $1.3 billion acquisition
HOUSTON – Phillips 66 Partners LP has reached agreement with Phillips 66 to acquire 30 crude, refined products and NGL logistics assets for total consideration of $1.3 billion. The Partnership plans to fund the acquisition with a combination of debt and $196 million in new PSXP units issued to Phillips 66, to be allocated proportionally between […]
Irving Oil to buy only Irish refinery from Phillips 66
Irving Oil buys Whitegate refinery near Cork, Ireland By Allison Lampert and Jessica Resnick-Ault MONTREAL/NEW YORK, Aug 3 (Reuters) – Irving Oil said on Wednesday it agreed to buy Ireland’s only refinery from Phillips 66, scooping it up at a discount in a deal that will extend the Canadian company’s reach across the Atlantic. The value […]
Phillips 66 spends more, increases dividend in Q1 amid downturn
Phillips 66 Partners adjusted total costs were $47.8 million in Q1 of 2016, an increase of $9.6 million from Q4 2015 HOUSTON, Texas – Phillips 66 Partners LP announces first-quarter 2016 earnings of $52.3 million, or $0.44 per common unit. Distributable cash flow was $64.1 million and adjusted earnings before interest, income taxes, depreciation and amortization […]
Phillips 66 expands military hiring, partners with Hiring Our Heroes
Hiring Our Heroes is a program of the US Chamber of Commerce Foundation and links to organizations across America Through a new partnership with Hiring Our Heroes, Phillips 66 joins more than 30 of America’s largest employers in its commitment to hiring veterans. Veterans and transitioning service members often have difficulty communicating their skills and military background […]
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