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Houston companies Phillips 66 and Kinder Morgan Inc. have reached a final investment decision for the $5 billion Western Gateway Pipeline that will move gasoline and other refined products from Texas to Arizona and California.
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The joint venture will move forward with Phillips 66 owning 49.9%, Kinder Morgan owning 35.1%, and Dallas-based HF Sinclair Corp. (NYSE: DINO), which has refineries along the route of the future pipeline, owning 15%.
The Western Gateway Pipeline was unveiled in October 2025 with the goal of bringing refined products from the midcontinent to California for the first time.
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Ultimately, the pipeline will connect Phillips 66’s Wood River, Ponca City and Borger refineries in Illinois, Oklahoma and Texas, respectively, to Kinder Morgan’s terminals in El Paso, Texas; Tucson and Phoenix; Colton, California; and Las Vegas.
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Read more of this story from the Business Journal.