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Phillips 66 explores sale of pipeline stake worth over $1 billion, sources say - Vimarsana News

Phillips 66 explores sale of pipeline stake worth over $1 billion, sources say

U.S. oil refiner Phillips 66 is exploring a sale of its 25% stake in the Rockies Express Pipeline that it hopes could be worth more than $1 billion, including debt, people familiar with the matter said on Tuesday.