Phillips 66 announces 2023 capital program

Houston--( business wire )--phillips 66 (nyse: psx) today announced a 2023 capital program of $2 billion, including $865 million for sustaining capital and $1.1 billion for growth capital. approximately 50% of growth capital supports lower-carbon opportunities. the capital program is consistent with the company's commitment to maintain a $2 billion annual budget through 2024.
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