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Phillips 66 (NYSE:PSX) is likely to lay off most workers at its Los Angeles refinery in December, reported Reuters on ...

Oil futures grinded lower with geopolitical news taking a back seat and the possibility of another large output increase by OPEC+ for July raising supply concerns. U.S. natural gas futures fell as a ...

NEW YORK (Reuters) -Phillips 66 is expected to lay off most workers at its 139,000-barrel-per-day Los Angeles-area refinery ...

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 ...

Phillips 66 shareholders voted in favour of two Elliott-backed directors. Former ConocoPhillips executive Sigmund Cornelius and ex-Targa Resources executive Michael Heim were elected to the board, ...

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, ...

Reuters News Service reports the split decision ends months of escalating tension between the company and the hedge fund, ...