Phillips 66 is an American multinational energy company headquartered in Houston, Texas. It was formed in 2012 as a spin-off from ConocoPhillips, focusing on refining, marketing, and transportation of petroleum products. The company operates refineries and has a network of retail gas stations across the United States. In addition to refining, Phillips 66 is involved in the production of petrochemicals and has a significant presence in the midstream sector, which includes the transportation and storage of oil and gas. The company is committed to sustainability and is exploring renewable energy options to diversify its operations.