Lyondell Basell Industries completed the final shutdown of its 263,776 barrel-per-day Houston refinery, people familiar with ...
The council supported passing an industrial safety ordinance, despite concerns about legal challenges from Valero.
Phillips 66's realized refining margins averaged $6.08 a barrel in the fourth quarter of 2024, down from $8.31 for the prior ...
Phillips 66 delivered a substantial miss on earnings due to changing market conditions and strategic shifts.
Much of the U.S. military guarding the U.S. West Coast and Hawaii relies heavily on petroleum products from California’s refineries, which operate on razor thin profit margins. The state's ...
Right after, Phillips 66 said it was closing its Los Angeles refinery. “SB 222 would absolve local governments and property owners of responsibility for the wildfires and just blame it all on ...
Other major projects include energy efficiency enhancements at the Los Angeles refinery and the Robinson Product Flexibility Project, both targeting returns of approximately 20% to 25%.
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