• Phillips 66 recently received approval from its board of directors to invest $3 billion into its Sweeny Fractionator One facility located in Old Ocean, Texas and Freeport Liquefied Petroleum Gas Export Terminal located in Freeport, Texas. • Goodrich Petroleum plans to spends ~$265 million of its preliminary $375 million drilling budget to drill 32 new wills in the Tuscaloosa Marine Shale by the end of 2014. • Glori Energy is in the process of merging......
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