Phillips 66 plans to close its Wilmington oil refinery by 2025, impacting workers and refocusing on renewable fuels.

Oil company Phillips 66 has announced that it plans to shut down a Los Angeles-area refinery that accounts for about 8% of California's refining capacity The company indicates it will remain operating in California.

Phillips 66’s decision to close the Los Angeles refinery follows oil and gas giant Chevron Corp.’s announcement August that it was moving its headquarters from San Ramon, California to Houston, Texas. To contact the author, email [email protected]

Phillips 66 Co. will permanently cease conventional crude oil processing at its 138,700-b/d dual-sited refinery in Los Angeles, Calif., by yearend 2025 amid the operator’s

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 that it will close its southern Los Angeles County refinery operations next year. Citing uncertainty about future sustainability of the refinery complex, which includes two facilities linked by a pipeline in Wilmington and Carson, the company's chair and CEO announced the decision in a statement.

Phillips 66 announced Wednesday that it will close its Wilmington-area refinery complex next year but will work with the state to continue supplying fuel to consumers.

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