Phillips 66

Phillips 66 Company
legal form	Corporation
ISIN	US7185461040
founding	2012 (1917)
Seat	Houston , Texas ,
management	Greg C. Garland ( CEO & Chairman )
Number of employees	14,500
sales	107.3 billion US dollars
Branch	Mineral oil company
Website	www.phillips66.com
As of December 31, 2019

Logo of the former brand of the US gas station chain Phillips 66 of the Phillips Petroleum Company

The Phillips 66 includes the split-off or placed as a separate company on the stock market downstream -Business of ConocoPhillips . The name is derived from the Phillips Petroleum Company and their brand "Phillips 66". Phillips was an American oil and gas company that merged with Conoco on August 30, 2002 to form ConocoPhillips.

The company also has a 50% interest in Chevron Phillips Chemical .

history

Phillips Petroleum Company (1917-2002)

In 1917, LE Phillips and his brother Frank Phillips founded the company in Bartlesville , Oklahoma . In 1954 the United States Supreme Court ruled in Phillips Petroleum vs. State of Wisconsin that the US federal government should regulate the prices of natural gas under the Natural Gas Act.

Later in 1954, Mesa Petroleum tried to acquire Phillips in a hostile takeover, Phillips was able to maintain independence, but had to take on additional debt. In 1969 Phillips discovered the first North Sea oil in the Ekofisk field in the Norwegian sector during test drilling .

From the ConocoPhillips to the Phillips 66

In 2002 the Phillips Petroleum Company merged with Conoco to form ConocoPhillips . This spun off the end customer business on May 1st, 2012 and revived the old brand name Phillips 66.

Refineries

Phillips 66 has interests in 14 oil refineries worldwide .

Important information is missing from this article or section. Help Wikipedia by researching and pasting it .

•  United States :
  • Alliance ( Belle Chasse , Louisiana )
  • Bayway ( Linden , New Jersey )
  • Billings ( Billings , Montana )
  • Borger ( Borger , Texas ), a joint venture with Cenovus Energy
  • Ferndale ( Ferndale , Washington )
  • Lake Charles ( Westlake , Louisiana )
  • Los Angeles ( Carson / Wilmington , California )
  • Ponca City ( Ponca City , Oklahoma )
  • San Francisco ( Arroyo Grande / Rodeo , California )
  • Sweeny ( Old Ocean , Texas )
  • Wood River ( Roxana , Ill. ), A joint venture with Cenovus Energy

•  United Kingdom :
  • Humber ( North Lincolnshire )

•  Germany :
  • MiRO ( Karlsruhe ), joint venture with Shell , Esso Germany and Rosneft

Former refineries

•  Ireland :
  • Whitegate ( Cork ), sold to Irving Oil in 2016

Brands

JET

JET gas station in Sweden

Phillips 66 operates around 20,000 filling stations worldwide, 810 of which are JET filling stations in Germany and 149 in Austria.

Remarks

1. ↑ Executive Leadership ( Memento of the original from June 27, 2016 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice. 
2. ↑ ^{a b} [1]
3. ↑ 15 USC 717
4. ↑ 348 US 851 (1954)
5. ^ Irving Oil Confirms Agreement in Place to Acquire Whitegate Refinery in Ireland. In: irvingoil.com. August 3, 2016, accessed on August 10, 2020 .