Phillips 66 begins Cork oil refinery operations

Today marks the first day of operations of Phillips 66 oil refinery and storage facilities in Ireland.

This follows a decision announced by the board of ConocoPhillips in Jul 2011 to create two standalone, publicly traded corporations with the separation of the company’s refining and marketing, and exploration and production businesses.

Phillips 66 has two facilities here the Whitegate Oil Refinery and the Bantry Storage Facility, both in Cork. The company also operates a wholesale marketing business.