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 ...

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 ...

Philips 66, the massive oil company that operates across the United ... near the Port of Los Angeles," Lashier further said. Phillips 66 has already contacted two real estate development firms ...

On Wednesday, Phillips 66 (PSX) stock saw a modest uptick, ending the day at $129.91 which represents a slight increase of $2.21 or 1.73% from the prior close of $127.7. The stock opened at $ and ...