The Phillips 66 company is a prominent American company based in Westchase, Houston, Texas. It was founded in 1927 by L.E. Phillips, and Frank Phillips. This company was formed when Philips merged with Conoco to start ConocoPhillips. The new merged company altered its functioning, and named it as Phillips. Phillips 66 worked in refining, marketing, and transporting natural gases and petrochemicals. Moreover, the company is also involved in the research and development of the growing energy industries and collaborated with Chevron via a joint venture, Chevron Phillips Chemical. It was ranked 29 on the Fortune 500 and 74 on the Fortune Global 500 in 2022. Phillips has 14,000 employees across the world, including in the U.S., Austria, the U.K., and Switzerland.
The Valero Energy Corporation is an American based multinational company that produces fuels, and also has an arm in manufacturing and transportation of fuels. The company is based in San Antonio, Texas, U.S. It was founded in 1980 by William Greehey. Valero Energy was formed as a spinoff of LoVaca Gathering Company, a subsidiary of Coastal States Gas Corporation. Across the U.S., Valero Energy runs 15 refineries that can produce 3.2 million barrels per day. It further has two renewable diesel plants that produce about 1.2 billion gallons per year. It is estimated that Valero Energy has become one of the largest producer of corn ethanol and renewable diesel.
"World Fuel Services, Inc. provides an integrated platform for fuel and other petroleum products. This downstream marketer distributes fuel and other products and services in the aviation, land transportation, and marine industries. The company was incorporated in July 1984, with its headquarters in Miami. Ralph Weiser and Jerrold Blair are the co-founders of this company. The leading Corporation, World Fuels, started as a regional used oil recycling company. Now, this company is marketing and financing aviation, marine, and ground transportation fuel and products services. It is catering reliable services and products with the mission to be a leading provider of finance, services, and credit to its business partners in the energy sector. As of now, Michael J. Kasbar is this company's Chairman and Chief Executive Officer."
ConocoPhillips Company is an American energy company in the oil and gas industry. It is one of the multinational companies launched in 1875 by Frank Phillips. The company is primarily involved in producing natural gas, liquefied natural gas, crude oil, bitumen, and natural gas liquids worldwide. Its head office is located in Houston Energy Corridor, Houston, Texas, U.S. The present Chairman and CEO of ConocoPhillips is Ryan Lance. The company was formed as ConocoPhillips on 30 August 2002 by merging Conoco Inc. and Phillips Petroleum Company. Currently, the companies operate in 15 nations, and one-third of production is based in Alaska, United States. The company?s mission is to produce energy to sustainably power civilization.
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