Phillips66

Phillips 66 is a leading American multinational energy company that operates in various sectors of the oil and gas industry. Headquartered in Houston, Texas, Phillips 66 is involved in the exploration, production, refining, and marketing of petroleum and petrochemical products. The company was established in 1917 and has since grown into a major player in the energy sector. It operates a diverse portfolio of businesses, including refining, midstream, and marketing and specialties. Refining: Phillips 66 owns and operates a network of refineries in the United States, capable of processing a wide range of crude oil types. These refineries produce a variety of refined petroleum products such as gasoline, diesel, jet fuel, and lubricants, which are supplied to retail outlets, commercial customers, and other energy companies. Midstream: Phillips 66's midstream segment focuses on the transportation, storage, and processing of crude oil, natural gas, and NGLs (natural gas liquids). The company owns and operates pipelines, terminals, and storage facilities, providing logistical solutions for the efficient movement of energy products. Marketing and Specialties: Phillips 66 markets and distributes its refined products through a network of branded retail outlets, commercial channels, and wholesale customers. The company operates under various retail brands, including Phillips 66, Conoco, and 76. It also offers a range of specialty products such as lubricants, aviation fuels, and chemicals. In addition to its core operations, Phillips 66 is actively involved in research and development to drive innovation and sustainability in the energy industry. The company explores new technologies and processes to improve operational efficiency, reduce emissions, and enhance the quality of its products.