Phillips 66 is set to buy EPIC Y-Grade for $2.2 billion, enhancing its NGL pipeline and fractionation capacity.

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The 120-mile-long pipeline links ExxonMobil and SABIC's ethane cracker in Gregory to storage in Markham, Texas.

Houston-based oil refiner Phillips 66 has announced a $2.2 billion acquisition of pipeline assets from EPIC, a Texas-based ...

Phillips 66 is buying EPIC NGL for $2.2 billion in cash as it looks to expand its push into natural gas liquid production in the Permian Basin in the Southwest U.S.

The Plains Board of Directors has approved an increase in the quarterly distribution payable in February 2025 for both PAA common units and PAGP Class A shares from $0.3175 per unit to $0.38 per unit.

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Phillips 66 is buying EPIC NGL for $2.2 billion in cash as it looks to expand its push into natural gas liquid production in the Permian Basin in the Southwest U.S.

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) for $2.2 ...

Phillips 66 agreed to acquire EPIC NGL, an owner of natural gas liquids pipelines, for $2.2 billion in cash as it moves to expand its transport business in the Permian basin in the southwestern US.

This transaction bolsters Phillips 66’s position as a leading integrated downstream energy provider,” said Mark Lashier, ...