HOUSTON (AP) — HOUSTON (AP) — Phillips 66 (PSX) on Tuesday reported third-quarter net income of $346 million. The Houston-based company said it had profit of 82 cents per share. Earnings, adjusted for one-time gains and costs, came to $2.04 per share. The results...
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...