LOS ANGELES (AP) — 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 accounts for about 8% of California's refining capacity, according to the state's Energy Commission. The...
HOUSTON (AP) — HOUSTON (AP) — Phillips 66 (PSX) on Tuesday reported second-quarter profit of $1.01 billion. The Houston-based company said it had profit of $2.38 per share. Earnings, adjusted for non-recurring gains, were $2.31 per share. The results topped Wall...