Phillips 66 Limited completes acquisition of Lindsey Oil Refinery assets [Yahoo! Finance]
Phillips 66 (PSX)
Last phillips 66 earnings: 5/1 07:00 am
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Source: Yahoo! Finance
of Prax Lindsey Oil Refinery Limited (in Liquidation). The transaction comes after the company previously agreed to the deal in January, stating its intention to integrate key assets into its Humber Refinery operations. "Completing this transaction allows Phillips 66 to play an even stronger role in supporting the UK's fuel supply and the resilience of this critical energy infrastructure," said Paul Fursey, Phillips 66 Limited UK lead executive. "This strategic move will unlock new growth opportunities for traditional and renewable fuels and help protect UK energy security at a time when domestic production is under pressure." When integrated with the Humber site, Phillips 66 Limited plans to leverage storage and other infrastructure assets to enhance Humber Refinery operations and improve fuel supply to UK customers. About Phillips 66 Limited Phillips 66 Limited is a wholly owned subsidiary of Phillips 66, a leading integrated downstream energy provider. Operating in the UK f
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