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

Oil and gas merger and acquisition activity has kicked off in 2025. But unlike last year when the upstream sector saw several mega-deals like Diamondback buying Endeavor and ExxonMobil acquiring ...

LOS ANGELES (AP) — Oil company Phillips 66 has been federally indicted in connection with alleged violations of the Clean Water Act in California. The Texas-based company is accused of ...

Phillips 66 has signed a deal to acquire EPIC Y-Grade GP LLC and EPIC Y-Grade LP for $2.2 billion, expanding its midstream ...

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 (PSX) closed at $113.93 in the latest trading ... Heading into today, shares of the oil refiner had lost 17.91% over the past month, lagging the Oils-Energy sector's loss of 8.37% ...

Phillips 66 (PSX), the Houston-based oil giant, revealed its 2025 capital budget last week, totaling $2.1 billion, with a strategic focus on sustaining capital and growth investments. The company ...

(Reuters) -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 ...