Phillips 66, Pembina Among Pipeline Majors to See $11 Billion in U.S., Canadian Delays

Phillips 66, Pembina Among Pipeline Majors to See $11 Billion in U.S., Canadian Delays

Phillips 66, Pembina Among Pipeline Majors to See $11 Billion in U.S., Canadian Delays


Attachment: COVIDpipe0620

SUGAR LAND--June 2, 2020--Researched by Industrial Info Resources (Sugar Land, Texas)--Thousands of miles of oil and gas pipelines are being stalled across North America, as energy companies wrestle with prices and consumer demand that are stubbornly stuck at lows. Not all of these delays stem from COVID-19 precautions, as giants like Phillips 66 (NYSE:PSX) (Houston, Texas) already were tempering ambitious plans in early March. Industrial Info is now tracking more than $11.2 billion in oil and gas pipeline projects in the U.S. and Canada that have been delayed or otherwise affected by COVID-19.

Within this article: Details on some of the biggest North American pipeline projects to face delays related to COVID-19 and difficult market conditions, including those from key companies such as Phillips 66, Plains All American Pipeline LP (NYSE:PAA), Bridger Pipeline LLC, Pembina Pipeline Corporation (NYSE:PBA) and TC Energy Corporation (NYSE:TRP).

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