Phillips 66, Kinder Morgan and HF Sinclair will build the first products pipeline to run from the US Midcontinent and Gulf Coast to the US West Coast.

Phillips 66 shares rise after Western Gateway reaches investment decision, with the $5B pipeline targeting 230,000 barrels per day capacity.

Phillips 66, Kinder Morgan and HF Sinclair will build the first products pipeline to run from the US Midcontinent and Gulf Coast to the US West Coast.