Phillips 66 (PSX) to Lay Off 275 Staff as Its Cost-Cutting Plan
Phillips 66 (PSX) is set to lay off 175 full-time employees and 100 contractors globally as part of its broader cost-cutting strategy.
Oil refiner Phillips 66 to deepen jobs cuts, realign staff
U.S. oil refiner Phillips 66 plans to cut 175 employees and realign its global finance and procurement operations into an "enterprise service organization," the company said on Tuesday.
Downgrade Pushes Oil Stock Further From Highs
Oil & gas stock Phillips 66 (NYSE:PSX) is continuing to slide from its Aug. 11 three-year peak of $117.29, after a downgrade from BoFA Global Research to "neutral" from "buy.
Phillips 66 (PSX) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates (Revised)
While the top- and bottom-line numbers for Phillips 66 (PSX) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics comp...
Phillips 66 (PSX) in Talks With Archer Daniels Over Biofuel JV
Phillips 66 (PSX) plans to incorporate Archer Daniels' dry corn mill operations into the JV to convert grain-based alcohol into jet fuel.
Exclusive: Phillips 66, ADM in talks on biofuels joint venture - sources
U.S. oil refiner Phillips 66 and grain trader Archer-Daniels-Midland are discussing a biofuels joint venture with an aim toward producing lower-carbon jet fuel, three people familiar with the matte...
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