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Phillips 66, refinery
Phillips 66 to close California refinery days after Newsom signed oil law
SACRAMENTO, California — Phillips 66 announced Wednesday that it will close its Los Angeles oil refinery next year, citing “long-term uncertainty” two days after Gov. Gavin Newsom signed a law clearing the way for new regulations on the state’s refiners.
Phillips 66 refinery closing near the Port of Los Angeles next year
Phillips 66 plans to close its refinery near the Port of Los Angeles in late 2025. The company’s announcement Wednesday follows Gov. Gavin Newsom’s signature of legislation implementing new oil controls.
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.
Closing time for another California refinery
The news comes just two days after Gov. Gavin Newsom signed a major new law, roundly opposed by the oil industry, that tries to get a handle on gas price spikes. It does so by giving the California Energy Commission new authority to require refiners to store more gas and make other preparations to guard against supply shortages.
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.
Is Phillips 66 closing its Los Angeles refinery because of California laws or energy transition?
When Phillips 66 this week announced its plans to close its Los Angeles-area refinery in late 2025, many observers noted the announcement came just days after California Gov. Gavin Newsom signed a new law aimed at refineries.
Phillips 66 says it will shut down Los Angeles-area refinery
The refinery accounts for about 8% of California's refining capacity, according to the state's Energy Commission. The company said it will remain operating in the state.
4d
on MSN
Another refinery shuts down in California. What happens to gas prices?
The decision by Phillips 66 this week to shutter its refinery in Wilmington next year will wipe out more than 8% of the state ...
5d
on MSN
California oil refinery announces closure after Newsom signs more regulations
The oil company Phillips 66 said its Los Angeles refinery will shut down by the end of 2025 days after Gov. Gavin Newsom ...
JD Supra
15h
California Enacts Expansive New Refinery Controls
On October 14, 2024, California Governor Gavin Newsom signed into effect ABX2-1, which was developed and passed in a special legislative session.
East Bay Times
6d
Phillips 66 closing California refinery; more than 600 jobs at stake
The
refinery
includes a crude-oil processing facility that operates ... “Phillips 66 remains committed to serving ...
San Francisco Examiner
5d
Phillips 66 announces permanent refinery shutdown in California after new rules pass
A major Los Angeles refinery with 8% of California’s refinery capacity announced it would be shutting down in 2025 soon after ...
Crude Oil Prices
1d
Oil Industry Clashes with California's Regulatory Environment
California's stringent environmental regulations are driving major oil companies out of the state, leading to potential fuel ...
15h
California calls plastics recycling tech a ‘stunt.’ To Louisiana, it’s economic development.
A Louisiana state board is expected to vote Wednesday on millions in tax breaks for an ExxonMobil advanced recycling facility ...
4d
Why Oil Companies Are Leaving California
Phillips 66 will close its Los Angeles refinery in 2025. Chevron is also relocating HQ to Texas as oil companies exit amid ...
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