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Phillips 66 to sell 25% stake in Rockies Pipeline for $1.28 bln
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Phillips 66 to sell 25% stake in Rockies Pipeline for $1.28 bln
Jun 14, 2024 6:05 AM

June 14 (Reuters) - U.S. oil refiner Phillips 66

said on Friday it would sell its 25% stake in the Rockies

Express Pipeline (REX) for about $1.28 billion to a subsidiary

of Tallgrass Energy.

(Reporting by Seher Dareen and Vallari Srivastava in Bengaluru;

Editing by Sriraj Kalluvila)

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