Oil company Phillips 66 says it will shut down Los Angeles-area refinery

  • 📰 AP
  • ⏱ Reading Time:
  • 23 sec. here
  • 19 min. at publisher
  • 📊 Quality Score:
  • News: 72%
  • Publisher: 51%

Los Angeles News

Phillips 66,San Francisco,General News

Oil company Phillips 66 has announced it plans to shut down a Los Angeles-area refinery that accounts for about 8% of California's refining capacity The company indicated it will remain operating in California. The company's CEO says it will continue to meet the needs of consumers.

Zelenskyy outlines his 'victory plan' to Ukraine's lawmakers, including a call to join NATOHarris and Trump transition efforts reflect their different approaches to governingHarris calls on Republican voters to put 'country first' as Trump woos Latino votersSerena Williams says she had a benign cyst removed from her neck and 'all is OK'Liam Payne, former One Direction member, dies at 31 in Argentina hotel fallAmazon and Google are dueling with nuclear for data center...

“With the long-term sustainability of our Los Angeles Refinery uncertain and affected by market dynamics, we are working with leading land development firms to evaluate the future use of our unique and strategically located properties near the Port of Los Angeles,” CEO Mark Lashier said in a statement. “Phillips 66 remains committed to serving California and will continue to take the necessary steps to meet our commercial and customer demands.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 728. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Oil company Phillips 66 to shut down Los Angeles refineryThe 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.
Source: FOXLA - 🏆 445. / 53 Read more »