The Five Business Segments — Refining, Midstream, Chemicals, Marketing & Specialties, Renewable Fuels

Phillips 66 reports across five business segments. Candidates must be fluent in what each one does, what assets sit inside it, and how it makes money. This module gives a guided tour of each segment with specific facilities, capacities, and 2026 capital allocations — so a candidate can name a refinery in their target city, a fractionator in the Permian, or a chemicals JV in Qatar without scrambling.