Phillips 66 may build second chemicals plant in Gulf region, FT reports Phillips 66 (PSX) CEO Greg Garland says the company is considering investing in a second large chemical plant in the Gulf of Mexico region to take advantage of lower costs from the U.S. shale gas boom, the Financial Times reports. A final decision on building another plant could be made in about three years. Reference Link
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UBS to host a conference Global Oil & Gas Conference is being held in Austin, Texas on May 20-23 with webcasted company presentations to begin on May 21 at 8:30 am; not all company presentations may be webcasted. Webcast Link
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