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Phillips 66 Boosts Total Planned Capital Program to $4.5 billion in 2020

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Industry Segment: Pipelines | Word Count: 531 Words
Attachment: Phillips 66

Researched by Industrial Info Resources (Sugar Land, Texas)--Midstream and refining company Phillips 66 (NYSE:PSX) (Houston, Texas), announced Friday it has earmarked $4.55 billion for its adjusted capital program for 2020, up by about $400 million from what was planned for 2019. In addition to capital for Phillips 66 and master limited partnership Phillips 66 Partners (NYSE:PSXP) (Houston), the spending program includes funding for its jointly-held midstream, refining and petrochemical operations.

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