Phillips 66 strikes $2.2 billion EPIC NGL deal to boost natural gas liquids bet
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 prop its natural gas liquid bet.
Phillips 66 to buy EPIC NGL in $2.2B deal to boost Permian midstream business
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 business.
Phillips 66 buying Permian Basin-focused natural gas liquids business for $2.2 billion
Houston-based Phillips 66 (NYSE: PSX) will buy the natural gas liquids business of a Texas-based midstream company for $2.2 billion in cash. The acquired businesses — EPIC Y-Grade GP LLC and EPIC Y-Grade LP — own various subsidiaries and long-haul NGL pipelines,
Phillips 66 to buy EPIC NGL for $2.2 billion in bid to boost Permian presence
U.S. oil refiner Phillips 66 said on Monday it would acquire various pipelines and distribution systems from Ares-backed EPIC NGL in an all-cash deal for $2.2 billion, as it seeks to expand its Permian presence.
Phillips 66 to grow Permian midstream business with EPIC NGL acquisition
"This transaction bolsters Phillips 66's position as a leading integrated downstream energy provider," said Mark Lashier, chairman and CEO of Phillips 66. "This transaction optimizes our Permian NGL value chain,
China says 126 dead after 7.1-magnitude earthquake strikes Tibet
HONG KONG — A 7.1-magnitude earthquake struck near one of Tibet ’s holiest cities Tuesday, killing at least 126 people, ...
Rich skiers slam luxury resorts for $20K vacations crippled by 3-hour lines and worker strikes
The strikes occurred at Park City — the largest ski resort in the US — as the Park City Professional Ski Patrol Association ...
Sixth Street Strikes Deal to Manage $13 Billion of Insurer’s Assets
Northwestern Mutual intends to take a small minority stake in the investment firm.
US Air Bases Vulnerable to China Missile Strikes, Researchers Say
Unhardened American military airfields are highly vulnerable to small strikes, the report said. It added that China could ...
Deadly 6.8 magnitude earthquake strikes Tibet killing at least 95
BEIJING/KATHMANDU- A magnitude 6.8 earthquake struck the foothills of the Himalayas near one of Tibet's holiest cities on ...
The Weather Network on MSN6h
Powerful earthquake strikes close to Everest: at least 95 dead
As of publishing, there are at least 130 injured and more than 1,000 homes destroyed by the earthquake. Relief will be ...
Car strikes garbage truck in Batavia, injures two workers
Two workers were seriously injured after a car struck them and their garbage truck in Batavia Tuesday morning. According to ...
Deadly Earthquake Strikes Tibet
Dozens of people were killed and several others injured after a strong earthquake struck China’s border with Nepal Tuesday.
Fantasy Basketball Vibe Check: Injury bug strikes NBA — here's all the latest
When it comes to injury in fantasy basketball, the vibes can swing from one direction to the other like a lightning flash.
More than 100 dead, nearly 200 injured after 7.1 magnitude quake strikes Tibet
Dozens are dead and injured after a strong earthquake struck a remote region in China's Tibet on Tuesday morning.
Israeli strikes kill 150 in Gaza as peace talks resume
The Israel Defense Forces continues its intense airstrike and ground campaigns in Gaza, particularly in the north of the ...
PFL makes elbow strikes legal in all fights
The PFL has officially legalised elbow strikes in its fights - having previously banned the technique. The MMA promotion runs ...