The energy giant denied that the move was connected with the recent signing of a new energy regulations bill in the state.

Phillips 66 announced Wednesday it will close its 650-acre oil refinery complex near the Port of Los Angeles by the fourth ...

The factory accounts for about eight percent of California's refining capacity, while its closure will affect 900 jobs.

Phillips 66 announced plans to shut down its Los Angeles-area refinery in the fourth quarter of 2025, citing market ...

Oil company Phillips 66 announced Wednesday that it plans to shut down a Los Angeles-area refinery by the end of 2025, citing ...

At noon ET, the most-active December Nymex West Texas Intermediate contract edged down 5cts to around $69.80/bbl, and front-month November WTI also dropped by the same amount to $70.35/bbl.