Phillips 66 announced Wednesday it will close its Los Angeles-area refinery next year, citing uncertainty about the future “sustainability” of the facility. “We understand this decision has ...

Phillips 66 will close a refinery near Los Angeles in the fourth quarter of 2025, citing that its long-term sustainability is uncertain and affected by market dynamics. Mark Lashier, chief ...

Mark Lashier; Chairman of the Board, President, Chief Executive Officer; Phillips 66 Kevin Mitchell ... term margins at this strategic refinery. Also, at our Bayway facility, we completed a ...

The recovery in the refining sector is under way after the first closure of 2025 and unexpected downtime at competitor PBF's Martinez refinery ... market. Phillips 66's chemicals business is ...

(Reuters) -Phillips 66 reported a bigger-than-expected loss ... The scheduled downtime temporarily reduces refinery utilization, and the ability to capture revenue from margins.

Phillips 66 PSX, the Houston, TX-based oil giant, has confirmed plans to shut down its 147,000 barrels-per-day Los Angeles refinery by October, CEO Mark Lashier announced at the Piper Sandler ...

Mark Lashier; Chairman of the Board, President, Chief Executive Officer; Phillips 66 Kevin Mitchell; Chief Financial Officer, Executive Vice President; Phillips 66 Brian Mandell; Executive Vice ...