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Phillips 66 Doubles Down on Permian Basin Growth with EPIC Acquisition and New Processing Expansions

Oil Gas Leads

Growing Midstream EBITDA Through Permian Expansion The Permian is a major driver of Midstream earnings growth for Phillips 66, and they expect these investments to contribute to their $1 billion Midstream EBITDA growth goal by 2027. Crude oil and NGL volumes are rising , driving more demand for transportation and processing.

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Energy executives bask in Trump sun but ignore cheap energy pitfall

Oil & Gas 360º

Interior Secretary Doug Burgum vowed to open up American public land to oil and gas drillers, underscoring Trumps drill, baby, drill ethos. The United States already became the worlds top oil and gas producer under former President Joe Biden. shale oil production is set to plateau by the end of the decade. million bpd in 2026.

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