PSX is divesting a 65% stake in its Germany and Austria retail business, valued at $2.8 billion, as part of its strategy to ...

Phillips 66 is making divestments ahead of its proxy fight vote as Elliott aims to break the refining giant into parts.

Phillips 66 PSX, the Houston, TX-based oil giant, has signed a definitive agreement to divest a 65% stake in its Germany and Austria retail marketing operations, including 843 JET-branded fuel ...

Phillips 66 (NYSE:PSX) recently announced that it has entered into a definitive agreement to divest a 65% interest in its ...

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

Phillips 66 will retain a non-operated 35 percent stake and continue supplying the retail sites through a German refinery. Pillips 66 has entered into a definitive deal to divest a 65 percent ...

Phillips 66 (NYSE:PSX) recently revealed that it has agreed to sell a majority stake in its European retail marketing business. Let’s shed some light on the development. Phillips 66 (NYSE:PSX ...