DECLINE IS A CHOICE: Phillips 66 provides notice of its plan to cease operations at Los Angeles-area refinery.
Phillips 66 (NYSE: PSX) announced plans to cease operations at its Los Angeles-area refinery in the fourth quarter of 2025 and will work with the state of California to supply fuel markets and meet ongoing consumer demand. “We understand this decision has an impact on our employees, contractors and the broader community,” said Mark Lashier, …