California Gov. Gavin Newsom's bill would require oil refineries in the state to maintain a minimum amount of oil supply.

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 on Wednesday announced it plans to cease operations at its Los Angeles-based refinery in 2025.

Oil company Phillips 66 has announced it plans to shut down a Los Angeles-area refinery that produces about 8% pf the state’s crude oil

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 executive of the Houston-based oil refiner,

Phillips 66 announced it plans to shut down its Los Angeles refinery by the end of 2025, citing concerns over the market.

Phillips 66 to close Los Angeles refinery in 2025, supply California fuel market from other sources including renewable diesel and aviation fuels.