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 ...

Phillips 66 will buy EPIC NGL for $2.2 billion to help the Houston oil refiner grow its Permian midstream business.

Phillips 66 (PSX) announced that it has entered into a definitive agreement to sell DCP GCX Pipeline which owns a 25% non-operated equity interest in Gulf Coast Express Pipeline to an affiliate of ...

Phillips 66 (PSX), the Houston-based oil giant, announced plans to sell its 25% stake in the Gulf Coast Express pipeline in Texas to an affiliate of ArcLight Capital Partners for $865 million ...

The two, part of EPIC Consolidated Operations LLC, own natural gas liquids (NGL) pipelines, fractionation facilities and distribution systems. “This transaction bolsters Phillips 66’s position ...

EPIC NGL is in the process of increasing its pipeline capacity to 225 MBD and has sanctioned a second expansion to increase capacity to 350 MBD. Phillips 66 does not expect to increase its ...

This pipeline network connects production from the Delaware, Midland and Eagle Ford basins to the fractionation sites and Phillips 66's Sweeny Hub. EPIC NGL is boosting its pipeline capacity to ...

Phillips 66 Co. has agreed to buy EPIC Y-Grade GP LLC and EPIC Y-Grade LP, which own various subsidiaries and long-haul NGL pipelines, fractionation, and distribution systems (EPIC NGL ...

EPIC NGL transaction optimizes Phillips 66's Permian NGL value chain. EPIC NGL's pipeline and fractionation expansions align with Phillips 66's integration strategy. Get Wall Street's Hottest ...

Phillips 66 has agreed to sell its 25% ownership stake in the Gulf Coast Express Pipeline to an affiliate of ArcLight Capital Partners for $865 million. The Houston-based energy company said ...

Phillips 66 Powers Up With $2.2 Billion Deal For EPIC Y-Grade's NGL Business Phillips 66 to acquire EPIC NGL business for $2.2 billion in cash. Assets include fractionators, pipelines, and plans ...