Port of Corpus Christi

On June 10, 2019, Phillips 66 announced two separate 50/50 joint ventures to proceed with construction of two new pipelines, the Liberty Pipeline (with Bridger Pipeline LLC) and the Red Oak Pipeline (with Plains All American Pipeline). "The [Liberty] Pipeline adds to our integrated infrastructure network that serves the key shale oil producing regions with connectivity to major Gulf Coast market centers," said Greg Garland, chairman and chief executive officer of Phillips 66.

The Port of Corpus Christi Commission approved a long-term (50-year) lease agreement with Lone Star Ports LLC, a joint venture between the Carlyle Group and the Berry Group, for approximately 200 acres on Harbor Island to develop a state-of-the-art petroleum export terminal.

The Port of Corpus Christi Authority announced it has entered into an agreement with The Carlyle Group to work exclusively to develop a world-class crude oil export terminal on Harbor Island, connecting growing crude oil production in the United States with global markets.

On July 24, 2018, the Port of Corpus Christi successfully priced and sold $216.2 million of Senior Lien Revenue Bonds. These bonds will be used for both the deepening and widening of the Corpus Christi Ship Channel as well as upcoming capital projects within the Port.

Port of Corpus Christi CEO Sean Strawbridge testified on March 6 before the House Committee on Oversight and Government Reform's Subcommittee on the Interior, Energy and Environment in a hearing titled, “Examining the U.S. Army Corps of Engineers (USACE).” Strawbridge advocated for necessary funding and proposed ways for the USACE to improve delivery of crucial infrastructure projects such as the Corpus Christi Ship Channel Improvement Project (CIP).