Oil company Phillips 66 says it will shut down Los Angeles-area refinery
- Posted on October 16, 2024
- By Yahoo News
- 2 Views
Oil company Phillips 66 says it will shut down Los Angeles-area refinery
Oil company Phillips 66 announced Wednesday that it plans to shut down a Los Angeles-area refinery by the end of 2025, citing market concerns. The refinery produces about 8% of California's crude oil, according to the state's Energy Commission. The company indicated it will remain operating in the state.