Phillips 66 Advances Zeus Gas Plant and Third Coastal Bend Fractionator to Expand Midstream Capacity

Phillips 66 is advancing the Zeus Gas Plant in the Permian Basin and a third Coastal Bend Fractionator on the Texas Gulf Coast, both scheduled for completion by 2028. These projects aim to increase gas processing and NGL fractionation capacity while supporting broader financial goals such as debt reduction and shareholder returns.

By Maham Fatima Mon, June 8, 2026 at 1:47 PM GMT+3 1 min read · Yahoo Finance ·

Phillips 66 Advances Zeus Gas Plant and Third Coastal Bend Fractionator to Expand Midstream Capacity

Tickers: $PSX

Topics: Capital Expenditure Midstream Energy Permian Basin

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