Phillips 66 Outlines Renewables Strategy

摘要

Independent refiner Phillips 66 said the US downstream can start opening the throttle and outlined the next steps in expanding its renewable fuels footprint on Friday. Speaking during a conference call to discuss its first-quarter earnings with investors and analysts, CEO Greg Garland said that 'gasoline and diesel demand continues to recover and product inventories have normalized, supporting higher refinery margins and utilization rates.'