Phillips 66 acquires Texas oil storage facility

Friday, June 6, 2014 - 09:02 in Physics & Chemistry

Daniel J. GraeberHOUSTON, June 6 (UPI) -- U.S. energy company Phillips 66 said the 7.1 million-barrel oil storage facility in Beaumont, Texas, it agreed to buy will be the largest in its portfolio.

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