Refining & Energy Awards Presented to Phillips 66, Reliance Industries

Refining & Energy Awards Presented to Phillips 66, Reliance Industries

SAN ANTONIO, March 20, 2013 (GLOBE NEWSWIRE) -- Hart Energy today awarded its
Refining & Energy Company of the Year honors to Phillips 66 and Reliance
Industries, its national and international recipients, respectively. The two
companies were recognized at Hart Energy's World Refining & FUEL conference,
"Changing Feedstocks, Changing Fuels: Effects of Unconventionals on Economics,
Refining and Fuels" in San Antonio.

"We commend the commitment by Phillips 66 and Reliance Industries to help meet
the world's need for energy in a safe and environmentally responsible manner,"
said Liisa Kiuru-Griffith, executive director, International Fuel Quality
Center, Hart Energy. "These two organizations exemplify the sort of effort
required to reach our goals."

The two companies were recognized for their corporate achievement in three
primary categories:

  *Cleaner Environment: Producing cleaner, higher-quality gasoline and diesel
    fuel is among the greatest achievements recognized each year.
  *Investment and Corporate Growth: Operating with the highest international
    refining standards and innovative use of resources in diverse
  *Vision: Innovation, global vision, and ability to chart future changes
    when a response to current conditions does not fully meet rising public
    demands or yield industry benefits.

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"2012 was an outstanding year for Phillips 66," said Mike Kenney, vice
president, regional manager-refineries, for Phillips 66, who accepted the
award for the company. "We established Phillips 66 as an independent energy
manufacturing company and we moved quickly to position our refineries to
benefit from new sources of cost-advantaged crude and new markets for refined
products. Most importantly, our employees achieved their lowest injury rate
ever. This award reflects our employees' commitment to operating excellence
and achieving the company's strategic objectives."

Reliance Industries Ltd is the largest private sector enterprise in India. It
operates the world's biggest refinery and petrochemical complex in Jamnagar,
India, with a nominal crude processing capacity of 1.24 million barrels per
day. The refinery configuration is characterized by its superior product
pattern and lowest energy consumption. Reliance's vision is to create value
through sustainable development, enhance quality of life and transform India
into a global hub for refinery and petrochemicals. K Balachandran, senior
executive vice president & chief of operations, Jamnagar Refineries &
Petrochemical Complex, accepted the award on behalf of Reliance Industries

Previous winners include:

2011   IndianOil R &D / LyondellBasell
2010  PetroChina / Saudi Aramco
2009  Chevron Corp. / Pemex
2008  ConocoPhillips / Shell Oil
2007  Chevron Corp. / Marathon Petroleum Co.
2006  Petrobras / Suncor
2005  Reliance Industries / Premcor
2004  Petrobras / Sun / Irving Oil
2003  Royal Dutch/Shell / ConocoPhillips
2002  HOVENSA / Valero Energy Corp.
2001  TotalFinaElf
2000  Frontier Oil Corp.
1999  BP Plc.
1998  Tosco Corp.
1997  Diamond Shamrock
1996  Valero Refining
1995  ARCO Corp. / General Motors Co.
1994  Texaco, Inc.
1993  Ashland Oil, Inc.
1992  CDTECH
1991  General Motors Co.
1990  ARCO Products Co.
1989  Sun Oil Co.
1988  ARCO Chemical Co.
1987  Amoco Oil Co.

About Phillips 66

Headquartered in Houston, Phillips 66 is an advantaged downstream energy
company with segment-leading Refining and Marketing (R &M), Midstream and
Chemicals businesses. The company has approximately 13,500 employees
worldwide. Phillips 66's R &M operations include 15 refineries with a net
crude oil capacity of 2.2 million barrels per day, 10,000 owned or supplied
branded marketing outlets, and 15,000 miles of pipeline systems. Phillips 66's
Midstream segment includes its 50 percent interest in DCP Midstream, LLC, one
of the largest natural gas gatherers and processors in the United States, with
7.2 billion cubic feet per day of gross natural gas processing capacity.
Phillips 66's Chemicals business is conducted through its 50 percent interest
in Chevron Phillips Chemical Company LLC, one of the world's top producers of
olefins and polyolefins with more than 30 billion pounds of net annual
chemicals processing capacity across its product lines. For more information,
visit or follow us on Twitter @Phillips66Co.

About Reliance Industries

Reliance Industries Limited (RIL) is India's largest private sector company as
of March 31, 2012. RIL is the first private sector company from India to
feature in Fortune's Global 500 list of 'World's Largest Corporations' and
'World's Top 100 Companies,' ranking 99th in terms of revenues and 130th in
terms of profits in 2012. RIL ranks 68th in the Financial Times' FT Global 500
list of the world's largest companies. RIL is ranked amongst the '50 Most
Innovative Companies - 2010' in the world in a survey conducted by the U.S.
financial publication - Business Week in collaboration with the Boston
Consulting Group (BCG). In 2010, BCG also ranked RIL as the second highest
'Sustainable Value Creators' for creating the most shareholder value over the
decade in the world.

About Hart Energy

Hart Energy, a leading information provider to energy executives, serves
automotive businesses with its fuels consulting services — the International
Fuel Quality Center, the Global Biofuels Center, and an annual Crude, Refining
& Clean Transportation Fuel Outlook. Headquartered in Houston, with personnel
in Washington, Brussels, Singapore, and beyond, its market-leading
publications include Oil and Gas Investor, E &P, FUEL and Midstream Business.
Hart Energy boasts exceptional strength in unconventional resources, e.g., its
Developing Unconventionals (DUG™) conference series and its North American
Shale Quarterly data service. The Company also provides fuel market
newsletters, member-only web portals, mapping, and GIS data sets. Visit for more information.

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CONTACT: Susan D.Emfinger

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