The offer coincided with a restructuring that increased Phillip 66’s ownership of the DCP Midstream parent company, which is a joint venture of Phillips 66 and Canada-based pipeline giant Enbridge Inc. (NYSE: ENB), and handed management of the joint venture to Phillips 66.
Columbia Gas unveils renewable natural gas fleet vehicle
The system, known as NeuFuel, differs from compressed natural gas because it can be used at a lower pressure than CNG.