Phillips 66 (NYSE:PSX) said Monday it agreed to acquire long-haul natural gas liquids pipeline owner EPIC NGL LP for $2.2B in cash, in a deal to help the refiner boost its Permian Basin midstream ...

U.S. oil refiner Phillips 66 said on Monday it will acquire various pipelines and distribution systems from Ares-backed pipeline operator EPIC NGL in an all-cash deal for $2.2 billion, as it seeks to ...

MPLX's business model is durable because there is strong demand for hydrocarbon energy for many years to come. Read why MPLX ...

Plains delivered a strong operational quarter, expecting to hit the top end of 2024 adjusted EBITDA guidance of $2.725 ...

“This transaction optimizes our Permian NGL value chain, allows Phillips 66 to provide producers with comprehensive flow assurance, reaching fractionation facilities near Corpus ...

CEO Mark Lashier commented that the acquisition optimizes the company’s Permian NGL value chain and will improve its ability to provide comprehensive flow assurance to producers. He added that ...

“This transaction optimises our Permian NGL value chain, allows Phillips 66 to provide producers with comprehensive flow assurance, reaching fractionation facilities near Corpus ...

The oil giant's filing with the SEC indicates that quarterly profits could decrease $1.75 billion sequentially, highlighting ...

U.S. NGL production in 2025 is expected to match or exceed 2024's record level, thanks largely to increased output from the Permian Basin. And the new year is likely to see the industry continue ...

"This transaction optimizes our Permian NGL value chain, allows Phillips 66 to provide producers with comprehensive flow assurance and is expected to deliver attractive returns in excess of our ...

US oil refiner Phillips 66 said on Monday it will acquire various pipelines and distribution systems from Ares-backed pipeline operator Epic NGL in an all-cash deal for $2.2 billion, as it seeks ...