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Phillips 66 to close oil refinery

Newsweek on MSN · 9h

Phillips 66 Announces Shutdown of L.A. Refinery, Impacting 900 Workers

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

The Associated Press - Busines… · 22h

Oil company Phillips 66 says it will shut down Los Angeles-area refinery

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.

The Hill on MSN · 9h

Phillips 66 to close oil refinery after Newsom law

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 regulating gas storage and refineries.

Phillips 66, Propel Fuels

Seeking Alpha on MSN · 13h

Phillips 66 hit with $605M jury verdict in fuel trade secrets case

A California jury said Phillips 66 (NYSE:PSX) should pay $604.9M in damages for stealing trade secrets from a biofuel company it considered acquiring, the company disclosed Thursday in an 8-K filing.

MarketWatch · 13h

Phillips 66 Hit With $604.9M Verdict in Suit Brought by Propel Fuels

Phillips 66 has been hit with a $604.9 million verdict by a jury that decided against the energy company in a lawsuit brought by Propel Fuels alleging the misappropriation of trade secrets related to its renewable fuels business.

Phillips 66 hit with $604.9 mln US verdict in fuel trade-secrets case

Energy company Phillips 66 owes biofuel maker Propel Fuels $604.9 million in damages for stealing Propel's trade secrets to build up its renewable-fuel capabilities, a jury in a California state court decided on Wednesday.

2hon MSN

Phillips 66 refinery closure a welcome surprise to environmental and community activists

Complaints of acrid odors, fiery accidents, soot and harmful emissions have gained new resonance in recent years.

3h

Phillips 66’s closure of South Bayrefineries opens 650 acres for development

Catellus Development and Deca Companies will study uses for two large tracts in Wilmington and Carson, including ...

1d

Citi Sticks to Its Buy Rating for Phillips 66 (PSX)

Citi analyst Vikram Bagri maintained a Buy rating on Phillips 66 (PSX – Research Report) today. The company’s shares closed ...

23h

Massive L.A. oil refinery to cease operations next year

Phillips 66 on Wednesday announced that it would cease operations at its Los Angeles-area refinery in the fourth quarter of ...

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