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News Breaks | | | | October 31, 2012 | | 08:06 EDT |  | PSX, DPM, SE | Phillips 66 says Southern Hills pipeline remains on schedule for completion
Phillips 66 (PSX) remains committed to the expanding opportunities in the midstream industry as part of its strategy to deliver long-term profitable growth. Pursuant to an agreement in principle with Spectra Energy (SE) and DCP Midstream (DPM), the company expects to acquire a one-third ownership in DCP's Sand Hills and Southern Hills NGL pipelines, representing a total estimated investment of $700M-$800M. This investment will enable DCP to maintain its growth plan through 2015. The Sand Hills pipeline is expected to commence deliveries of NGL from Eagle Ford into Mont Belvieu by year-end. The second phase, with service from the Permian Basin, is targeted to be in operation in the second quarter of 2013. The Southern Hills pipeline, which will extend from DCP's Midcontinent region to Mont Belvieu, remains on schedule for completion in mid-2013. | |
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News For PSX;SE;DPM From The Last 14 Days Check below for free stories on PSX;SE;DPM the last two weeks. |
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| May 15, 2013 | | 17:18 EDT | | PSX | BP Capital gives quarterly update on stakes
 Subscribe for More Information | | | 08:55 EDT |  | PSX | Phillips 66 management to meet with UBS
Subscribe for More Information | | | May 9, 2013 | | 07:35 EDT | | DPM | Platts to host a conference
Subscribe for More Information | | | May 6, 2013 | | 19:08 EDT |  | DPM | DCP Midstream reports Q1 adjusted EPS 63c, consensus 64c
Subscribe for More Information | | | 07:32 EDT | | SE | Citigroup to host events at AGA Financial Forum
Citigroup Events at the AGA Financial Forum are being held in Naples, Florida on May 5-7. | | | 07:26 EDT | | SE | American Gas Association to host a forum
AGA Financial Forum is being held in Naples, Florida on May 5-7. | |
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