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Harvey Lewis Golubock, American Refining Groups former president and chief operating officer, passed away Feb. 24. Phillips 66 spent $3.3 billion to buy back 35 million shares of its stock from backer Berkshire Hathaway, which reduced its stake in Phillips 66 from 17.3 percent to 9.8 percent to avoid regulatory requirements. Brazils Petrobras signed a deal with British car maker McLaren Automotive to co-develop Formula One fuels and lubricants.

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