Reuters
18 May 2026, 11:47 UTC · 3d ago
Source · https://www.reuters.com/business/energy/phillips-66-expand-gas-processing-permian-basin-gulf-coast-2026-05-18/
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Phillips 66 is proceeding with the construction of the Zeus Gas Plant in the Permian Basin. — Expansion of infrastructure in the top U.S. shale field indicates long-term growth in production capacity and revenue potential.
+0.40Phillips 66 will build a third Coastal Bend Fractionator in Texas. — Increased fractionation capacity allows the company to better capture and process growing volumes of natural gas liquids (NGLs).
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The company is expanding its infrastructure and capacity to capture growing volumes in the Permian Basin.
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