Phillips 66 to Cut Capex by $1 Billion for 2016, an Industrial Info News Alert
(firmenpresse) - SUGAR LAND, TX -- (Marketwired) -- 10/13/15 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- Phillips 66 (NYSE:PSX) (Houston, Texas) is reducing its planned capital expenses for 2016 to $3.6 billion from $4.6 billion this year, the company announced Monday. The capital budget includes a substantial decrease for , but an increase for . Industrial Info is tracking 87 active Phillips 66 projects worth $3.79 billion. This includes 34 projects, worth $901 million, that are scheduled to kick off in 2016.
Within this article: Details on Phillip 66''s capital budget for 2016, including major projects in Texas and North Dakota.
Additional companies: Phillips 66 Partners (NYSE:PSXP)
For details, , or browse other breaking industrial news stories at .
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info''s quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what''s happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the "" page.
Contact:
William Ploch
713-783-5147
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 13.10.2015 - 04:30 Uhr
Sprache: Deutsch
News-ID 1391636
Anzahl Zeichen: 0
contact information:
Contact person:
Town:
SUGAR LAND, TX
Phone:
Kategorie:
Utilities
Anmerkungen:
Diese Pressemitteilung wurde bisher 258 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Phillips 66 to Cut Capex by $1 Billion for 2016, an Industrial Info News Alert
"
steht unter der journalistisch-redaktionellen Verantwortung von
Industrial Info Resources (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
