Project: Bayway Lateral Project
Firm Commitment: 150,000 Dth/d
COST: 75 $MM
COST: 2.4 $B
HOUSTON, Jan. 3, 2019 /PRNewswire/ -- Phillips 66 (NYSE: PSX) is collaborating with Honda Developer Studio to develop in-vehicle fuel payment integration that allows Honda vehicle owners to reserve a pump and pay for fuel at Phillips 66®, 76® and Conoco® branded locations through their in-dash infotainment system.
This new in-vehicle feature will allow drivers to find the nearest Phillips 66, 76 or Conoco station and pay at the pump from the comfort of their driver seat. Phillips 66 launched mobile pay in early 2018 and is rolling it out at all branded stations into 2019. To download the My Phillips 66 app with Mobile Pay for Apple devices click here, or for Google devices click here.
"We understand consumers want to fuel up, pay and quickly be on their way," said John Barbour, Manager of Payments and Card Services at Phillips 66. "Now consumers can use the Phillips 66 apps in Honda cars to pay for gas at the pump in a fast, friendly and seamless way."
"We know that Honda drivers value convenience, safety and security," said John Moon, Managing Director Strategic Partnerships, Honda Innovations. "We are excited about this solution as it will provide a fueling experience that meets these expectations head-on."
About U.S. Marketing at Phillips 66®, 76®, and Conoco®
Phillips 66 is a diversified energy manufacturing and logistics company. With a portfolio of Midstream, Chemicals, Refining, and Marketing and Specialties businesses, the company processes, transports, stores and markets fuels and products globally. Headquartered in Houston, the company has 14,200 employees committed to safety and operating excellence. Using a network of branded marketers and dealers operating approximately 7,500 outlets, its U.S. Marketing business supplies TOP TIER® Detergent Gasolines under the Phillips 66®, 76® and Conoco® brands. For more information on Phillips 66, visit Phillips66.com or follow us on Twitter @Phillips66Co.
Media Contact:
Shannon Vogt of Phillips 66
Shannon.H.Vogt@p66.com
832.765.1718
View original content to download multimedia:http://www.prnewswire.com/news-releases/phillips-66-company-collaborates-with-honda-developer-studio-to-offer-in-vehicle-fuel-payment-300772626.html
SOURCE Phillips 66
WASHINGTON, Feb. 21, 2018 /PRNewswire/ -- Height Securities, LLC ("Height") served as sole financial advisor to Phillips 66 (NYSE: PSX) and its wholly-owned division Phillips 66 Spectrum Corporation, on the sale of its lubricants and packaging facility in Waukesha, WI. The transaction closed February 16th, 2018, and the assets were purchased by PLOGIX, LLC, based out of Milwaukee, WI for an undisclosed price.
"We were pleased to be able to work with the Phillips 66 Spectrum team to facilitate the divestment of its Waukesha facility through a tailored process designed to maximize the value for the facility," said Michael Grabenstein, Senior Vice President and Director of Investment Banking at Height Securities. "We were very impressed by the professionals at Phillips 66 and were thankful to have had the opportunity to work together."
Selmer, Tennessee-based Phillips 66 Spectrum Corp. was acquired by Phillips 66 in 2014. It blends, packages and markets specialty lubricants and chemical additives for an international client base. In addition to retaining all existing employees, PLOGIX LLC's affiliate, Pack Logix Inc., intends to hire another three or four employees at the 40,000-square-foot Waukesha facility, as well as another four to six in Milwaukee.
About Height Securities:
Height Securities is a Washington-based investment firm founded in 2009. Our core team has provided industry-leading research since the early 2000s to institutional investors with positions in companies and sectors with significant regulatory exposure. The Height team has a well-established reputation for assisting clients in effectively navigating regulatory, macroeconomic, and geopolitical risks that impact investments and corporate operating environments. In 2014, we launched our Investment Banking and Advisory (IBA) group. From our headquarters in Washington, DC, we have a unique perspective on financing opportunities for regulated industries, and have become a leading financier and advisor in the space. Height Securities, LLC is a broker-dealer registered with the Financial Industry Regulatory Authority (FINRA) and the U.S. Securities and Exchange Commission (SEC), and is a member of the Securities Investor Protection Corporation (SIPC). For more information and additional disclosures, please visit the Height Securities website, at www.heightllc.com.
About Phillips 66:
Phillips 66 is a diversified energy manufacturing and logistics company. With a portfolio of Midstream, Chemicals, Refining, and Marketing and Specialties businesses, the company processes, transports, stores and markets fuels and products globally. Phillips 66 Partners, the company's master limited partnership, is an integral asset in the portfolio. Headquartered in Houston, the company has 14,600 employees committed to safety and operating excellence. Phillips 66 had $54 billion of assets as of Dec. 31, 2017. For more information, visit www.phillips66.com or follow on Twitter at @Phillips66Co.
About PLOGIX, LLC:
PLOGIX's affiliate Pack Logix is a diversified contract packager, packaging distributor, fulfillment and logistics firm with an international client base. It offers tube filling, skin/blister/clamshell packaging and kitting for the industrial, household, automotive, health care, pharmaceutical and personal care markets. Its headquarters is at an 80,000-square-foot plant at 2501 W. Hampton Ave. in Milwaukee, and the company is owned by Bruce Moncrieff. It had 16 employees prior to the acquisition.
View original content with multimedia:http://www.prnewswire.com/news-releases/height-securities-advises-phillips-66-psx-on-its-lubricants-facility-divestiture-in-waukesha-wi-300602313.html
SOURCE Height Securities
DALLAS, Jan. 3, 2018 /PRNewswire/ -- Alerian announced today the real-time launch of the Alerian Energy Infrastructure Capital Strength Select Index, a composite of North American midstream, refining, and utility companies chosen for their ownership of pipeline transportation assets, leverage profile, and above-market dividend payments. The index is disseminated real-time on a price-return basis (AMCS) and on a total-return basis (AMCST).
"The AMCS was designed with the understanding that the portion of the North American energy value chain from midstream to distribution has become increasingly integrated," said Alerian President and CEO Kenny Feng. "The composition of this index also seeks to address growing investor focus on strengthening balance sheets and improving corporate governance."
Constituents as of January 2, 2018
Name |
Ticker |
AltaGas Ltd |
ALA |
Antero Midstream Partners LP |
AM |
Andeavor |
ANDV |
Buckeye Partners LP |
BPL |
Boardwalk Pipeline Partners LP |
BWP |
CenterPoint Energy Inc |
CNP |
Cheniere Energy Partners LP Holdings LLC |
CQH |
Dominion Energy Inc |
D |
Enbridge Inc |
ENB |
EnLink Midstream LLC |
ENLC |
Enterprise Products Partners LP |
EPD |
EQT GP Holdings LP |
EQGP |
Gibson Energy Inc |
GEI |
HollyFrontier Corp |
HFC |
Inter Pipeline Ltd |
IPL |
Keyera Corp |
KEY |
Kinder Morgan Inc |
KMI |
Macquarie Infrastructure Corp |
MIC |
Magellan Midstream Partners LP |
MMP |
Marathon Petroleum Corp |
MPC |
OGE Energy Corp |
OGE |
ONEOK Inc |
OKE |
Plains GP Holdings LP |
PAGP |
Pembina Pipeline Corp |
PPL |
Phillips 66 |
PSX |
Sempra Energy |
SRE |
Tallgrass Energy GP LP |
TEGP |
TransCanada Corp |
TRP |
Valero Energy Corp |
VLO |
Western Gas Equity Partners LP |
WGP |
The Williams Companies Inc |
WMB |
About Alerian
Alerian equips investors to make informed decisions about Master Limited Partnerships (MLPs) and energy infrastructure. Its benchmarks, including the flagship Alerian MLP Index (AMZ), are widely used by industry executives, investment professionals, research analysts, and national media to analyze relative performance. As of December 31, 2017, over $16 billion is directly tied to the Alerian Index Series through exchange-traded funds and notes, separately managed accounts, and structured products. For more information, including index values and constituents, research content, and announcements regarding rebalancings, please visit alerian.com.
View original content:http://www.prnewswire.com/news-releases/alerian-announces-real-time-launch-of-the-alerian-energy-infrastructure-capital-strength-select-index-300576838.html
SOURCE Alerian
HOUSTON, Dec. 11, 2017 /PRNewswire/ - Phillips 66 (NYSE: PSX) and Enbridge Inc. (NYSE: ENB) today announced an open season for the Gray Oak Pipeline. The Gray Oak Pipeline will provide producers and other shippers the opportunity to secure crude oil transportation from West Texas to the destination markets of Corpus Christi, Freeport, and Houston, Texas, with connectivity to over 3 million barrels per day (BPD) of refining capacity and multiple dock facilities capable of crude oil exports. Shippers will have the option to select from origination stations in Reeves, Loving, Winkler, and Crane counties in West Texas.
The Gray Oak Pipeline is expected to have an initial throughput capacity of 385,000 BPD. Phillips 66 and Enbridge will evaluate expansion of the system beyond 385,000 BPD, depending on shipper interest in the open season. The pipeline system is anticipated to be placed in service in the second half of 2019.
The open season will commence at 12 p.m. CST on Dec. 11, 2017. Prior to participating in the open season, interested parties must execute a confidentiality agreement to govern the receipt of the open season documentation. For a form of confidentiality agreement and additional information regarding the Gray Oak Pipeline, please contact Corey Leonard at Corey.Leonard@p66.com or Jarrod Tessier at Jarrod.Tessier@enbridge.com.
About Phillips 66
Phillips 66 is a diversified energy manufacturing and logistics company. With a portfolio of Midstream, Chemicals, Refining, and Marketing and Specialties businesses, the company processes, transports, stores and markets fuels and products globally. Phillips 66 Partners, the company's master limited partnership, is an integral asset in the portfolio. Headquartered in Houston, the company has 14,600 employees committed to safety and operating excellence. Phillips 66 had $53 billion of assets as of Sept. 30, 2017. For more information, visit www.phillips66.com or follow us on Twitter @Phillips66Co.
About Enbridge Inc.
Enbridge Inc. is North America's premier energy infrastructure company with strategic business platforms that include an extensive network of crude oil, liquids and natural gas pipelines, regulated natural gas distribution utilities and renewable power generation. The company safely delivers an average of 2.8 million barrels of crude oil each day through its Mainline and Express Pipeline; accounts for approximately 65% of U.S.-bound Canadian crude oil exports; and moves approximately 20% of all natural gas consumed in the U.S., serving key supply basins and demand markets. The company's regulated utilities serve approximately 3.6 million retail customers in Ontario, Quebec, New Brunswick and New York State. Enbridge also has a growing involvement in electricity infrastructure with interests in more than 2,500 MW of net renewable generating capacity in North America and Europe. The company has ranked on the Global 100 Most Sustainable Corporations index for the past eight years; its common shares trade on the Toronto and New York stock exchanges under the symbol ENB. Life takes energy and Enbridge exists to fuel people's quality of life. For more information, visit www.enbridge.com.
SOURCE Enbridge Inc.
ACE Pipeline System (subscriber access)
Status: (subscriber access)
Parent Entities:
Phillips 66 Partners LP
Harvest Midstream Company
PBF Logistics LP
Albuquerque Pipeline Expansion (subscriber access)
Status: (subscriber access)
Parent Entities:
NuStar Energy, L.P.
Phillips 66 Partners LP
Bayway Refinery Modernization Project (subscriber access)
Status: (subscriber access)
Parent Entities:
Phillips 66
Beaumont Terminal Dock Expansion (subscriber access)
Status: (subscriber access)
Parent Entities:
Phillips 66
Beaumont Terminal Export Capacity Expansion (subscriber access)
Status: (subscriber access)
Parent Entities:
Phillips 66
Beaumont Terminal Storage Expansion Phase 1 (subscriber access)
Status: (subscriber access)
Parent Entities:
Phillips 66
Beaumont Terminal Storage Expansion Phase 2 (subscriber access)
Status: (subscriber access)
Parent Entities:
Phillips 66
Beaumont Terminal Storage Expansion Phase 3 (subscriber access)
Status: (subscriber access)
Parent Entities:
Phillips 66
Beaumont Terminal Storage Expansion Phase 4 (2020) (subscriber access)
Status: (subscriber access)
Parent Entities:
Phillips 66
Beringen PAO Unit Addition - CPChem (subscriber access)
Status: (subscriber access)
Parent Entities:
Chevron Phillips Chemical Company LLC
Bighorn Processing Facility (subscriber access)
Status: (subscriber access)
Parent Entities:
DCP Midstream, LP
Billings Refinery Upgrade (subscriber access)
Status: (subscriber access)
Parent Entities:
Phillips 66
CPChem Old Ocean 1-Hexane Facility (subscriber access)
Status: (subscriber access)
Parent Entities:
Chevron Phillips Chemical Company LLC
Cedar Bayou C3 Splitter Unit (subscriber access)
Status: (subscriber access)
Parent Entities:
Chevron Phillips Chemical Company LLC
Cedar Bayou Ethane Cracker (subscriber access)
Status: (subscriber access)
Parent Entities:
Chevron Corporation
Phillips 66
Chevron Phillips Chemical Company LLC
Chevon Phillips Cedar Bayou PAO Expansion (subscriber access)
Status: (subscriber access)
Parent Entities:
Chevron Phillips Chemical Company LLC
Clemens Caverns NGL Storage Expansion (subscriber access)
Status: (subscriber access)
Parent Entities:
Phillips 66
Clemens to Gregory (C2G) Ethane Pipeline (subscriber access)
Status: (subscriber access)
Parent Entities:
Phillips 66
DCP DJ Basin NGL Interconnect Pipeline (subscriber access)
Status: (subscriber access)
Parent Entities:
DCP Midstream, LP
DJ Basin Bypass (subscriber access)
Status: (subscriber access)
Parent Entities:
DCP Midstream, LP
Freeport LPG Export Terminal (subscriber access)
Status: (subscriber access)
Parent Entities:
Phillips 66
Gladiator Pipeline (subscriber access)
Status: (subscriber access)
Parent Entities:
SemGroup Corporation
DCP Midstream, LP
Golden Triangle Polymers Polyethylene Plant (subscriber access)
Status: (subscriber access)
Parent Entities:
Qatar Energy
Chevron Phillips Chemical Company LLC
Golden Triangle Polymers
Lake Charles - Clifton Ridge Pipeline (subscriber access)
Status: (subscriber access)
Parent Entities:
Phillips 66 Partners LP
Lake Charles Refinery Isomerization Unit Expansion (subscriber access)
Status: (subscriber access)
Parent Entities:
Phillips 66
Phillips 66 Partners LP
Latham Processing Plant - Train 2 (subscriber access)
Status: (subscriber access)
Parent Entities:
Western Midstream Operating, LP
DCP Midstream, LP
Liberty Pipeline (subscriber access)
Status: (subscriber access)
Parent Entities:
Phillips 66
Bridger Pipeline LLC
Phillips 66 Partners LP
Old Ocean Polyethylene Unit (subscriber access)
Status: (subscriber access)
Parent Entities:
Chevron Phillips Chemical Company LLC
O’Connor 2 Natural Gas Processing Plant (subscriber access)
Status: (subscriber access)
Parent Entities:
DCP Midstream, LP
Phillips 66 Belgium Polyalphaolefins Production Expansion (subscriber access)
Status: (subscriber access)
Parent Entities:
Phillips 66
Phillips 66 Bluewater Texas Terminal (subscriber access)
Status: (subscriber access)
Parent Entities:
Phillips 66
Ponca Diesel Recovery Project (subscriber access)
Status: (subscriber access)
Parent Entities:
Phillips 66
REX Cheyenne Hub Enhancement (subscriber access)
Status: (subscriber access)
Parent Entities:
Rockies Express Pipeline LLC
Red Oak Pipeline (subscriber access)
Status: (subscriber access)
Parent Entities:
Phillips 66
Plains All American Pipeline
Red Oak Pipeline LLC
Reeves-Odessa Origination (Rodeo) Odessa Terminal (subscriber access)
Status: (subscriber access)
Parent Entities:
Phillips 66
Reeves-Odessa Origination (Rodeo) Pipeline (subscriber access)
Status: (subscriber access)
Parent Entities:
Phillips 66
Rodeo Renewed Project (subscriber access)
Status: (subscriber access)
Parent Entities:
Phillips 66
Sacagawea Pipeline Project (subscriber access)
Status: (subscriber access)
Parent Entities:
Phillips 66 Partners LP
Paradigm Energy Partners
Grey Wolf Midstream, LLC
Sand Hills Expansion Project Phase I (subscriber access)
Status: (subscriber access)
Parent Entities:
DCP Midstream Partners LP
Phillips 66 Partners LP
Sand Hills Expansion Project Phase II (subscriber access)
Status: (subscriber access)
Parent Entities:
DCP Midstream, LP
Seminoe Pipeline Expansion (subscriber access)
Status: (subscriber access)
Parent Entities:
Phillips 66
South Texas Gateway Terminal (subscriber access)
Status: (subscriber access)
Parent Entities:
Buckeye Partners, L.P.
Phillips 66 Partners LP
Marathon Petroleum Corporation
Southern Hills Extension Project (subscriber access)
Status: (subscriber access)
Parent Entities:
DCP Midstream, LP
Southern Hills Pipeline Expansion (4Q20) (subscriber access)
Status: (subscriber access)
Parent Entities:
DCP Midstream, LP
Sweeny Fractionator Four (subscriber access)
Status: (subscriber access)
Parent Entities:
Phillips 66
Sweeny Fractionator Three (subscriber access)
Status: (subscriber access)
Parent Entities:
Phillips 66
Sweeny Fractionator Two (subscriber access)
Status: (subscriber access)
Parent Entities:
Phillips 66
Sweeny Hub LPG Export Terminal (subscriber access)
Status: (subscriber access)
Parent Entities:
Phillips 66
Sweeny Refinery Fluid Catalytic Cracking Upgrade (subscriber access)
Status: (subscriber access)
Parent Entities:
Phillips 66
Tessenderlo Plant Expansion (subscriber access)
Status: (subscriber access)
Parent Entities:
Chevron Phillips Chemical Company LLC
Texas Express Expansion (subscriber access)
Status: (subscriber access)
Parent Entities:
Texas Express Pipeline LLC
Enterprise Products Partners
Midcoast Energy Partners, L.P.
Western Midstream Operating, LP
DCP Midstream, LP
U.S. Gulf Coast II Petrochemical Project (subscriber access)
Status: (subscriber access)
Parent Entities:
Chevron Phillips Chemical Company LLC
Qatar Energy
Zone Three Capacity Expansion (East-to-West Expansion Project) (subscriber access)
Status: (subscriber access)
Parent Entities:
Rockies Express Pipeline LLC
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