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Items Tagged with 'midstream'

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Shell to sell midstream unit shares worth $750 million

Shell Midstream Partners, a wholly-owned subsidiary of Royal Dutch Shell, is planning to launch an IPO of up to $750 million in shares in an effort to deliver more value to its shareholders.
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Phillips 66 reports strong Q1 performance for midstream, chemical

U.S. refining giant Phillips 66 has reported a 12 percent increase in profit in the first quarter of the year, with its midstream and chemical businesses playing a major role in the quarter's strong performance.
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Midstream companies reap the benefits of US shale gas boom

The midstream sector has long been in the shadow of the large oil and gas industry players but the shale boom in the United States has had a domino effect, boosting other industries as well, including operators of pipelines and storage facilities.
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