Pipeline Business

Phillips 66 logo on a smartphone screen (© Shutterstock/rafapress)
Phillips 66 logo on a smartphone screen (© Shutterstock/rafapress)

Phillips 66 Expands Pipeline Reach with $2.2B EPIC NGL Acquisition Deal

Phillips 66 has reached a definitive agreement to acquire EPIC Y-Grade GP, LLC and EPIC Y-Grade, LP, which own subsidiaries and natural gas liquids (NGL) pipelines, fractionation facilities and distribution systems, for $2.2 billion in cash, subject to customary purchase price adjustments. 

Enbridge Center Building in Edmonton, Alberta, Canada (©Shutterstock/JHVEPhoto)
Enbridge Center Building in Edmonton, Alberta, Canada (©Shutterstock/JHVEPhoto)

Alberta Partners With Enbridge to Expand Pipeline Capacity, Boost Oil Exports to U.S.

The Alberta government, on Monday announced a partnership with energy infrastructure giant Enbridge Inc. to boost the province's pipeline capacity, with a focus on streamlining regulations for pipeline construction.

Flag of Ukraine
Flag of Ukraine

Putin Blames Ukraine for Gas Pipeline Transit Deal Collapse

Russia’s president, Vladimir Putin, said Thursday that there is no time left this year to sign a new deal for pipeline gas supplies to European countries, placing the blame squarely on Ukraine for refusing to extend the agreement that supplies gas to Slovakia, the Czech Republic, and Austria.