Phillips 66, Trade Secret
Phillips 66 hit with $604.9 million US verdict in fuel trade-secrets case
Energy company Phillips 66 owes biofuel maker Propel Fuels $604.9 million in damages for stealing Propel's trade secrets to build up its renewable-fuel capabilities, a jury in a California state court decided on Wednesday.
The factory accounts for about eight percent of California's refining capacity, while its closure will affect 900 jobs.
Complaints of acrid odors, fiery accidents, soot and harmful emissions have gained new resonance in recent years.
A California jury said Phillips 66 (NYSE:PSX) should pay $604.9M in damages for stealing trade secrets from a biofuel company ...
Phillips 66 announced it will close its Los Angeles-area refinery next year, citing uncertainty about the future ...
Catellus Development and Deca Companies will study uses for two large tracts in Wilmington and Carson, including ...
Oil company Phillips 66 has announced that it plans to shut down a Los Angeles-area refinery that accounts for about 8% of ...
Phillips 66 announced Wednesday it will close its 650-acre oil refinery complex near the Port of Los Angeles by the fourth ...
Phillips 66 said it will shut its large Los Angeles-area oil refinery late next year, delivering a blow to California's fuel ...
SACRAMENTO, California — Phillips 66 announced Wednesday that it will close its Los Angeles oil refinery next year, citing ...
Citi analyst Vikram Bagri maintained a Buy rating on Phillips 66 (PSX – Research Report) today. The company’s shares closed ...
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