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Shell, Phillips 66 Weigh Sale of Stakes in $3.5 Billion U.S. Pipeline Explorer

Summary by BIC Magazine
The move reflects how heightened demand for energy infrastructure assets, especially from financial buyers, has boosted valuations and encouraged existing owners to sell and reinvest proceeds in core or higher-growth parts of their businesses.

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Oil & Gas 360 broke the news in Denver, United States on Thursday, July 30, 2026.
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