Phillips 66 deepens Permian-to-Gulf integration with Zeus and Coastal Bend expansion
May 18, 2026
(Oil & Gas 360) – Phillips 66’s May 18, 2026, announcement of the Zeus Gas Plant and a third Coastal Bend Fractionator represents a continuation, not a departure, of the company’s multi-year push to vertically integrate its midstream footprint from Permian wellhead to Gulf Coast markets. The release is strategically consistent with prior capital allocation signals, recent operating results, and
