Phillips 66
Also known as:
Phillips Petroleum (merged), Conoco (merged), Tosco (acquired)
Phillips 66 is a large independent refining company with operations primarily in the US.
Phillips 66 was formed by the spin-off of the downstream business of ConocoPhillips.
Phillips 66 built its refining portfolio through organic investment, acquisition of individual assets, and mergers/acquisitions of whole companies (e.g., Conoco, Tosco)
Refineries (operating)
Germany
Karlsruhe (MiRO) - 322 kbpd MiRO (Shell & ExxonMobil & Rosneft & Phillips 66)
United Kingdom
Humber - 221 kbpd Phillips 66 (100%)
United States
Bayway - 272 kbpd Phillips 66 (100%)
Billings - 70 kbpd Phillips 66 (100%)
Borger - 157 kbpd WRB (Phillips 66 & Cenovus)
Ferndale - 111 kbpd Phillips 66 (100%)
Lake Charles - 273 kbpd Phillips 66 (100%)
Los Angeles - 147 kbpd Phillips 66 (100%)
Ponca City - 223 kbpd Phillips 66 (100%)
San Francisco - 128 kbpd Phillips 66 (100%)
Sweeny - 279 kbpd Phillips 66 (100%)
Wood River - 368 kbpd WRB (Phillips 66 & Cenovus)
Refineries (closed)
Alliance - 269 kbpd Idled in 2021 and converted to a terminal in 2022
Refining history
1927 - Phillips acquired Borger refinery
1947 - Phillips acquired Sweeny
1947 - Phillips acquired Woods Cross refinery from Wasatch
2001 - Phillips acquired Tosco with its refineries (Alliance, Bayway, Ferndale, Carson and Wilmington, Rodeo and Santa Maria, Trainer, and Wood River)
2002 - Phillips Petroleum merged with Conoco (which owned Billings, Lake Charles, Ponca City) to form ConocoPhillips
2003 - Woods Cross refinery sold to Holly
2007 - Wood River and Borger refineries placed into a 50/50 JV with Encana (later Cenovus) called WRB
2011 - Trainer refinery shut down
2012 - Trainer refinery sold to Monroe Energy
2012 - Upstream and downstream split into separate companies with all refinery assets going to a new Phillips 66
2021 - Alliance refinery idled after hurricane damage, and converted to a terminal in 2022
2023 - San Francisco (US) - Phillips 66 plans to close both sites, and convert the Rodeo site to a product terminal and renewable diesel plant