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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.
Since spinning off from ConocoPhillips, Phillips 66 has been nothing short of spectacular. The company is up 40% since April's split, and this past quarter gave us a glimpse inside of this refiner ...
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 ...
Along with sister brands, Phillips 66, and 76, "Conoco" (IPA: [ˈkɒnəkoʊ]), [39] is a major American brand of oil and gas station that has been owned by Phillips 66 since 2012 and was originally the brand used by its originator, Conoco Inc., from 1875 to its merger with Phillips Petroleum in 2002. Although the Conoco brand can be used in any ...
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 ...
In June 2011, ConocoPhillips China Inc., a wholly owned subsidiary of ConocoPhillips, was responsible for the 2011 Bohai bay oil spills in Bohai Bay. [ 81 ] In 2015, ConocoPhillips and Phillips 66 agreed to pay $11.5 million to settle a lawsuit alleging that hundreds of their gas stations violated California anti-pollution laws since 2006.
ConocoPhillips' (NYS: COP) decision to spin off its refining and marketing arm into a new business made Standard & Poor's keep the second-largest U.S. oil refiner on CreditWatch. The negative ...
In 2002, Conoco merged with Phillips to become ConocoPhillips. The plant shut down in late September 2011, due to a low profit margin. [13] In 2012, downstream assets of ConocoPhillips were spun off to the newly formed Phillips 66. In 2012, Phillips 66 sold the refinery to Monroe Energy, LLC, a wholly owned subsidiary of Delta Air Lines. [14]