Potential replacements for the century-old refinery complex covering 650 acres include housing and last-mile distribution ...
Phillips 66 announced Wednesday it will close its 650-acre oil refinery complex near the Port of Los Angeles by the fourth quarter of 2025, days after Gov. Gavin Newsom (D) signed a new law ...
For more than a century, the sprawling Phillips 66 oil refinery complex has dominated a vast tract of southern Los Angeles County. Its massive fuel storage tanks, distillation towers and sprawling ...
The Phillips 66 refinery in the Los Angeles area is one of California's nine major oil refiners. Before Wednesday's announcement, lawmakers from both parties had expressed fears of the impacts of ...
While Phillips 66 insists this closure was not a direct response to the new law, the timing has fueled speculation that the regulation-heavy environment in California is making oil companies ...
For these prices, the governor and his government are blaming oil companies such as Phillips 66, accusing them of withholding supply in order to get higher prices for their products. The industry ...
Phillips 66 CEO Mark Lashier cited "market dynamics" for the decision. The Los Angeles facility provides lower profits than other company oil processing plants, a spokesperson said. California ...
Phillips 66’s decision to close its Los Angeles area refinery has touched off a wave of speculation over what will become of the 650 acres in Wilmington and Carson, an industrial backbone near ...
Graypoint LLC trimmed its position in shares of Phillips 66 (NYSE:PSX – Free Report) by 3.5% during the third quarter, ...
Barclays lowered the firm’s price target on Phillips 66 (PSX) to $124 from $133 and keeps an Equal Weight rating on the shares. Published first on TheFly – the ultimate source for real-time, ...