Oil futures edged higher on Thursday, with U.S. and global benchmark prices turning higher for the week after posting losses day earlier, when weekly gains in U.S. product inventories outweighed ...

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

Oil futures settled with a loss on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for a seventh straight week, but gasoline and distillate ...

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.

Bank of America Securities analyst Jean Ann Salisbury maintained a Buy rating on Phillips 66 (PSX – Research Report) yesterday and set a price ...

Phillips 66's acquisition of Epic NGL aims to diversify its portfolio and boost its midstream business, signaling potential ...

Shares of energy companies rose amid deal activity.

US oil refiner Phillips 66 said on Monday it will acquire various pipelines and distribution systems from Ares-backed ...

Tuesday's $2.2 billion purchase of midstream operator Epic NGL by Phillips 66 may help the company convince Wall Street that it is not just a refiner, but a company with a much broader portfolio of ...

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 ...