U.S. crude oil inventories rose by 1.3 million barrels last week, while stocks of gasoline and diesel increased amid higher refinery capacity use, according to data released by the EIA. Phillips 66 ...

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McKinsey has appointed Michael Birshan to head its UK office, DD reports. He joined the firm in 2002 and most recently co-led its strategy and corporate finance practice. He succeeds Tunde Olanrewaju, ...

Phillips 66 (PSX) stock drew retail attention on Wednesday after preliminary results indicated that the company and the ...

Elliott had been pushing for four new board seats on the oil refiner’s board.

Ten companies pulled back on Wednesday, booking hefty losses during the trading session, with investor sentiment weighed down by a flurry of government policies and dismal earnings performance in the ...

Shares of energy companies fell alongside oil futures as Treasury yields continued to gain on budget concerns. U.S. crude oil inventories rose for a second consecutive week.

Britain's Johnson Matthey said on Wednesday that it is in advanced discussions over a potential sale of its Catalyst Technologies division, confirming an earlier media report.

Phillips 66 shareholders voted in favour of two Elliott-backed directors. Former ConocoPhillips executive Sigmund Cornelius and ex-Targa Resources executive Michael Heim — were probably set to be ...

Phillips 66 and activist investor Elliott Investment Management each won two seats on the oil refiner's board at an annual ...

Activist Elliott Investment Management successfully gained a foothold on the Phillips 66 board despite split voting results.

Elliott Investment Management, a Florida-based investor that has pushed UK supermajor BP to accelerate its oil and gas pivot, ...