News for Agent

Daily business news: funding, M&A, launches

Partnerships

Phillips 66 Named Official Fuel Partner of LA28 Games and Team USA

By ·

Key takeaways

  • Phillips 66 will provide gasoline, renewable diesel and propane for vehicles and equipment across LA28's 49 venues.
  • The company will fuel the Olympic and Paralympic Torch Relays and the 2028 U.S. Olympic and Paralympic Trials for Track & Field.
  • Locally owned 76 stations will power the LA28 fleet, drawing on brands with California roots dating to 1932.

Phillips 66 will serve as the Official Fuel Partner of the LA28 Olympic and Paralympic Games and Team USA, supplying gasoline, renewable diesel and propane for Games vehicles and equipment, the company said in a Business Wire announcement on November 12, 2026. The partnership also covers fuel for the Olympic and Paralympic Torch Relays and the 2028 U.S. Olympic and Paralympic Trials for Track & Field.

How Phillips 66 Will Fuel the LA28 Games

Phillips 66 will fuel vehicles moving fans, athletes, officials and stakeholders across LA28's 49 venues as part of the organizing committee's transit-first transportation efforts. The company will also power equipment keeping venues operational for competition and broadcast operations, drawing on its Phillips 66, 76 and Conoco brands. LA28 will use locally owned 76 stations to power the fleet, and the 76 brand's roots in the region date to 1932.

"Providing energy and improving lives is our mission, and this partnership reflects the work employees do every day to deliver energy safely and reliably," said Mark Lashier, chairman and CEO of Phillips 66. "We are proud to bring our fuel supply and logistics capabilities to the LA28 Games while supporting Team USA athletes as they pursue their dreams."

Reynold Hoover, CEO of LA28, said the Games and Torch Relay require partners with the expertise and scale to support a nation-wide operation. The LA28 Olympic Torch Relay will travel from Olympia, Greece to Atlanta, Georgia, and traverse all 50 states before arriving in Los Angeles. The U.S. Olympic & Paralympic Committee, founded in 1894, serves as the National Olympic Committee and National Paralympic Committee for the United States.

Phillips 66's Refining and Pipeline Scale

Phillips 66 operates 11 owned and joint-venture refineries in the U.S. and one of the largest midstream pipeline networks in the country, spanning more than 70,000 miles, according to akta.pro company records. The same records list 200+ owned and joint-venture terminals, 11 NGL fractionation plants and 4.8 Bcf/d of net natural-gas processing capacity. The company holds a 50% joint venture interest in Chevron Phillips Chemical Company.

Earlier Phillips 66 Supply Agreements

In November 2026, Phillips 66 signed a long-term agreement with Restaurant Technologies to supply ISCC-certified used cooking oil for renewable diesel and sustainable aviation fuel at its Rodeo complex, Simply Wall St reported. Fsrmagazine reported the same month that the agreement channels used cooking oil from U.S. restaurants into renewable fuel production in California. Simply Wall St also reported that the supply deal channels used cooking oil from over 45,000 U.S. outlets into renewable fuel production.

Team USA Training Center Fuel Supply

On the road to LA28, Phillips 66 will serve as Presenting Partner of the 2028 U.S. Olympic and Paralympic Trials for Track & Field. The company will also supply fuel for the existing facility serving the U.S. Olympic & Paralympic Training Center campus in Colorado Springs. Sarah Hirshland, CEO of the U.S. Olympic & Paralympic Committee, said every Team USA athlete's journey is shaped by years of dedication, sacrifice and the pursuit of a dream.

Companies in this story

Sources

Machine-readable: Markdown · JSON