Elliott Management is facing off with Phillips 66 in a proxy vote this week, seeking to elect four of its nominees to the ...

After more than a hundred campaigns targeting US companies, Elliott Investment Management is heading into its first ever ...

A proxy battle started by an activist investor is becoming more intense. An activist investor's battle for influence at ...

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

Phillips 66 said on Thursday it will sell a 65% stake in its German and Austrian fuel retail business to a private equity-led ...

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.

Dow Jones Top Energy Headlines at 12 AM ET: Aramco Signs Deals With U.S. Companies With Potential Value of $90 Billion | Oil ... Aramco Signs Deals With U.S. Companies With Potential Value of $90 ...

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 ...

Oil futures rise for a fourth straight session on improved sentiment after the U.S. and China agreed to cut tariffs for 90 days, which has eased concerns about loss of demand at a time when OPEC+ is ...