U.S. crude oil inventories increased by more than expected last week in a fourth consecutive build, while product stocks declined, according to U.S. government data. Transformers used in power grids ...

The energy-management and automation group posted higher net profit and revenue for 2024 on continued strength in energy management, beating market views. Read about Sembcorp Industries, Petronas ...

Shares of Phillips 66 PSX advanced 1.22% to $131.55 Thursday, on what proved to be an all-around poor trading session for the ...

Phillips 66 (PSX) disclosed earlier that on February 13, Elliott Associates submitted to the company notice of its nomination ...

Elliott Investment Management is seeking seats on the board of oil refiner Phillips 66, the latest effort in a multi-year ...

Phillips 66 rises as activist investor Elliott Management, which has built a $2.5B-plus stake in the refiner, discloses it ...

With a more-than-$2.5 billion stake in Phillips 66, Elliott has pushed for a streamlining of the oil refiner and seeks more ...

Lulu Smyth Good morning from the Financial Times. Today is Monday, February 17th. And this is your FT News Briefing.

Self-made millionaire Ramit Sethi has talked to thousands of couples about money. Many heard this “horrible phrase” too often ...

After more than a century of churning out fuel on the banks of the Houston Ship Channel, the city’s oldest refinery is ...

Since Trump has taken office, nearly 4,000 workers have filed for unemployment insurance as part of a surge that began at the ...

Elliott engaged Phillips 66 in November 2023, calling for a series of improvements. The activist has since grown its position ...