Phillips 66 to cash out 25% Gulf Coast Express Pipeline stake to ArcLight for $865m

Pallavi Madhiraju- December 17, 2024 0

Phillips 66 has reached an agreement to sell its 25% non-operated equity stake in the Gulf Coast Express Pipeline to an affiliate of ArcLight Capital ... Read More

Phillips 66 ordered to pay $605m in trade-secrets case with Propel Fuels

Pallavi Madhiraju- October 19, 2024 0

Phillips 66, the Houston-based oil and gas giant, has been ordered to pay $604.9 million following a trade secrets lawsuit filed by Propel Fuels. A ... Read More

California faces fuel crisis as Phillips 66 plans to shuts down major Los Angeles refinery

Pallavi Madhiraju- October 17, 2024 0

Phillips 66, one of the largest independent oil refiners in the United States, has announced its plan to close its Los Angeles-area refinery by the ... Read More

Voyager Midstream acquires Phillips 66 natural gas assets to expand Haynesville shale operations

Pallavi Madhiraju- September 4, 2024 0

Voyager Midstream Holdings, backed by Pearl Energy Investments, has announced its acquisition of natural gas gathering and processing assets from Phillips 66. This acquisition, which ... Read More

Phillips 66 sells stake in Rockies Express Pipeline to Tallgrass Energy for $1.3bn

Pallavi Madhiraju- June 16, 2024 0

Phillips 66 (NYSE: PSX) has finalized a deal to sell its 25% non-operated common equity interest in the Rockies Express Pipeline LLC (REX) to a ... Read More

Phillips 66 to acquire Pinnacle Midstream for $550m to expand Midland Basin operations

Pallavi Madhiraju- May 22, 2024 0

Phillips 66 (NYSE: PSX) has reached a definitive agreement to acquire Pinnacle Midland Parent LLC from Energy Spectrum Capital for $550 million in cash. This ... Read More

South Texas Gateway Terminal : Gibson Energy to expand North American terminal footprint with $1.1bn acquisition

Pallavi Madhiraju- June 16, 2023 0

Gibson Energy is set to acquire the South Texas Gateway Terminal (STGT) LLC, in a cash deal valued at $1.1 billion, expanding its North American ... Read More

Golden Triangle Polymers plant FID taken by CPChem and QatarEnergy

Raghuram Kadari- November 17, 2022 0

Chevron Phillips Chemical (CPChem) and QatarEnergy have arrived at a final investment decision (FID) to construct the Golden Triangle Polymers plant, a new petrochemical facility ... Read More

Phillips 66 Rodeo Renewed project to reconfigure Rodeo refinery to produce renewed fuels

oilandgasnews365- August 13, 2020 0

US diversified energy company Phillips 66 revealed plans to reconfigure its San Francisco Refinery in Rodeo, California, for producing renewable fuels under the Phillips 66 ... Read More

Phillips 66, Trafigura create Bluewater Texas Terminal joint venture

oilandgasnews365- March 1, 2020 0

Phillips 66 has created a joint venture called Bluewater Texas Terminal with Trafigura Group to develop an offshore deepwater port project. The deepwater port project, ... Read More