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The first Phillips 66 logo, branded by the Phillips Petroleum Co. in 1930. The Phillips 66 shield logo, linking it to U.S. Route 66, was introduced in 1930. [11] After a series of changes to the color scheme including the popular dark green with orange and blue trim, [11] the company settled on black and orange color scheme that would last nearly thirty years.
Over the past year ConocoPhillips has aggressively thinned the herd across its vast, sprawling operations by spinning off Phillips 66 , and more recently selling assets in Algeria and Kazakhstan ...
A decade later, ConocoPhillips would then divest its downstream operations that consisted of its gas stations refueling operations under the brands of Conoco, Phillips 66, and 76. The divestiture would eventually commence and the spin-off that contained the downstream operations of ConocoPhillips went under a separate company known as the ...
In May 2012, ConocoPhillips completed the corporate spin-off of its downstream assets as Phillips 66. [ 28 ] In 2012, the company began the process of divesting onshore and offshore assets in Nigeria .
The Houston company, which has operated the refineries since its 2012 spin off from ConocoPhillips, said will replace its output with sources "inside and outside its refining network" and with ...
That's what allows ConocoPhillips to stand apart from its competition. Since it spun off its refining unit, Phillips 66 , and its midstream master limited Why ConocoPhillips Will Pump Out Lots of ...
It's been a great eight months for investors since ConocoPhillips spun off Phillips 66 . Both have trounced the return of the S&P 500 as investors have realized the true value of the assets. As ...
In 2012 ConocoPhillips spun off its downstream and midstream assets as a new independent energy company, Phillips 66, which still operates the Ferndale Refinery. ConocoPhillips became the second company to abandon the vertically integrated model, following Marathon Oil Corporation’s decision to spin off its downstream assets in 2011.