The EPIC NGL assets include two fractionators, 350 miles of pipelines and an 885-mile natural gas liquids (NGL) pipeline with a capacity of 175,000 barrels per day (bpd).

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

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.

Jan 6 (Reuters) - U.S. oil refiner Phillips 66 (PSX.N), opens new tab said on Monday it will acquire various pipelines and distribution systems from Ares-backed pipeline operator EPIC NGL in an ...

Phillips 66 to expand Permian Basin midstream business with $2.2B acquisition of EPIC NGL, boosting pipeline capacity and connecting production to Gulf Coast refiners.

The EPIC NGL business consists of two fractionators (170 MBD) near Corpus Christi, Texas, approximately 350 miles of purity distribution pipelines and an approximately 885-mile NGL pipeline (175 ...

(MENAFN- Khaleej Times) 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. ...

Phillips 66 (NYSE:PSX) is a multinational energy company worth almost $50 billion. The company recently announced a more than $2 billion acquisition to expand its midstream portfolio. We last ...

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.

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 ...