My watch list
my.chemeurope.com  

my.chemeurope.com

With an accout for my.chemeurope.com you can always see everything at a glance – and you can configure your own website and individual newsletter.

  • My watch list
  • My saved searches
  • My saved topics
  • My newsletter
Register free of charge
Login  
eng  
DeutschEnglishFrançaisEspañol

Phillips Petroleum Company



Phillips Petroleum Company was founded in 1917 by L.E. Phillips and Frank Phillips, of Bartlesville, Oklahoma. Their younger brother, Waite Phillips was the benefactor of Philmont Scout Ranch.

Phillips Petroleum was headquartered in Bartlesville, Oklahoma.

In 1954, the U.S. Supreme Court decided the landmark case of Phillips Petroleum vs. State of Wisconsin which held that the Federal government should regulate under the Natural Gas Act[1] the prices which natural gas producers charge when selling gas at the wellhead.[2]

In late 1984, Mesa Petroleum Company, lead by T. Boone Pickens, Jr., attempted a hostile takeover of Phillips Petroleum.[3] Phillips remained an independent company, but recapitalized with greater debt.

On August 30, 2002, Conoco Inc. merged with Phillips Petroleum to form ConocoPhillips. [1] The best-known brand of Phillips Petroleum is Phillips 66, named in part for US Highway 66.

Notes

  1. ^ 15 U.S.C. 717
  2. ^ 348 U.S. 851 (1954)
  3. ^ Pickens, T. Boone (1987). Boone. Boston: Houghton Mifflin. ISBN 0-395-41433-4.  Pp. 217–235.
 
This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Phillips_Petroleum_Company". A list of authors is available in Wikipedia.
Your browser is not current. Microsoft Internet Explorer 6.0 does not support some functions on Chemie.DE