Phillips 66 unveils plans to expand Sweeny Hub in Texas

Phillips 66 plans to invest as much as $1.5 billion to expand its Sweeny Hub in Texas as it seeks to take advantage of booming natural gas production in the Permian Basin. The expansion project, expected to come online in late 2020, would include two processing units for natural gas liquids, each with a capacity of 150,000 barrels per day. Read the Houston Chronicle story here