Tuesday, December 16, 2025
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HomeOil and GasPhillips 66 Sells Majority Interest in European Fuel Retailer

Phillips 66 Sells Majority Interest in European Fuel Retailer

Phillips 66 will sell a 65% stake in its Germany and Austria JET-branded retail fuel network for $2.8 billion, forming a joint venture with Energy Equation Partners and Stonepeak while retaining a minority interest.
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