Phillips 66 is expected to lay off most workers at its 139,000-barrel-per-day Los Angeles-area refinery in December.

Phillips 66 will lay off most workers at its Los Angeles refinery in December as the facility prepares for its closure later in 2025 due to challenging market dynamics.

In October last year, the company announced plans to cease operations at the facility during the fourth quarter of 2025, with ...

Phillips 66 is expected to lay off most workers at its Los Angeles-area refinery in December, after saying recently it would ...

Proxy advisory firm Glass Lewis said shareholders of Phillips 66 should vote for three board nominees put forward by Elliott Investment Management, amid a proxy battle between the US oil refiner ...

Phillips 66 has announced a new project to build a ... “The acquisition of EPIC NGL earlier this month, and today’s announcement that we are constructing a new gas plant in the Permian ...

Phillips 66 has ... Mark Lasher—Phillip 66’s chief executive officer—said Iron Mesa would be funded within the operator’s existing budget. Announcement of the new gas plant came alongside ...

Myung J. Chun / Los Angeles Times via Getty Images Shares of Phillips 66, under pressure from activist Elliott Investment Management, fell Friday after the energy firm posted a wider-than-expected ...

Analysts are estimating that Phillips 66 will report an earnings per share (EPS) of $-0.25. The announcement from Phillips 66 is eagerly anticipated, with investors seeking news of surpassing ...