Harbison shares Phillips 66’s strategy for evolving energy needs at Reuters conference

Phillips 66 Executive Vice President of Refining Rich Harbison said the company's renewable fuels facility in the San Francisco Bay area, formerly an oil refinery, demonstrates how Phillips 66 is investing in traditional and alternative energy.

Speaking at the Reuters Energy Transition North America 2024 conference in Houston, Harbison said the Rodeo Renewable Energy Complex is a good example of how Phillips 66 is adapting its operations while retaining its core integrated downstream businesses.

"Our vision of being the leading integrated downstream energy provider ensures that we prioritize innovation in delivering affordable and reliable energy while exploring lower-carbon opportunities," Harbison said. "This transformation shows how existing infrastructure can support large-scale, lower-carbon energy production."

Part of the Reuters Energy LIVE summit, the event brought together some 400 industry leaders to discuss strategies for advancing sustainable energy. While Harbison talked about the company's vision, he also discussed its mission of providing energy and improving lives.

"That mission drives everything we do as we strive to meet today's energy needs while preparing for the future," he said.

Harbison highlighted workforce development as a key part of Phillips 66's strategy, focusing on equipping employees with skills for traditional and emerging energy roles. The company provides technical and leadership training for employees at all levels, from new hires to executives.

To build its talent pipeline, Phillips 66 also partners with universities and offers internship programs, identifying promising candidates early and providing pathways for meaningful careers within the company.

"Investing in people is essential to our success," Harbison said. "We focus on aligning individual roles with the company's vision, creating opportunities for growth and fostering a sense of empowerment."

Harbison said Phillips 66 would continue to work toward meeting global energy needs through scalable, proven solutions. "Our ability to meet global energy needs depends on scaling proven solutions," he said.