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Profit-taking at highs! Shell (SHEL.US) and Phillips 66 (PSX.US) plan to completely sell off key U.S. pipeline assets, with an overall valuation of $3.5 billion

Profit-taking at highs! Shell (SHEL.US) and Phillips 66 (PSX.US) plan to completely sell off key U.S. pipeline assets, with an overall valuation of $3.5 billion

智通财经智通财经2026/07/31 00:11
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Smart Finance APP has learned from sources familiar with the matter that Shell (SHEL.US) and Phillips 66 (PSX.US) are planning to sell their stakes in the U.S. Explorer refined oil pipeline company. This pipeline is an important component of the U.S. energy infrastructure, and the transaction is expected to value the company at around $3.5 billion.
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