Paul Singer, Elliott Management's founder, made bold energy bets in Q1 of 2025, investing $2B each in Phillips 66 and Suncor Energy, while trimming exposure to broader market ETFs.

An attorney for the energy company entered the plea during an arraignment in a Downtown Los Angeles, according to the U.S.

Texas-based Phillips 66 pleaded not guilty Thursday to federal charges of allegedly dumping hundreds of thousands of gallons of wastewater from its Carson oil refinery into the Los Angeles County ...

Phillips 66 reached a definitive deal to sell a 65% stake in its retail marketing business in Germany and Austria.

Phillips 66 is making divestments ahead of its proxy fight vote as Elliott aims to break the refining giant into parts.

National Grid beat annual profit estimates on Thursday, helped by higher earnings from its UK electricity transmission and ...

A Phillips 66 subsidiary, Phillips 66 Continental Holding GmbH, has agreed to sell a 65% interest in its Germany and Austria retail marketing business, including JET-branded sites, to Carrera Bidco ...

Phillips 66 agreed to divest a majority stake in its Germany and Austria retail marketing business to a consortium owned by subsidiaries of investment firms Energy Equation Partners and Stonepeak.

Elliott, which holds a $2.5 billion stake in Phillips 66, has been pushing for major changes at the company, including the ...

HOUSTON-- ( BUSINESS WIRE )--Phillips 66 (NYSE:PSX) (the “Company”) today filed an investor presentation with the U.S.

Elliott Investment Management, led by billionaire Paul Singer, is exploring the possibility of acquiring a stake in a set of Bulgarian infrastructure asset ...

At Phillips 66, the tone is less friendly. Nonetheless, Elliott’s campaign includes the claim that a break-up could theoretically lead to a “sum-of-the-parts” valuation that boosts the company’s ...