Phillips 66 to begin winding down Los Angeles-area refinery next week, sources say #oott https://t.co/7cGn912syu
Phillips 66 plans to begin shutting down its 139,000-barrel-per-day Los Angeles-area refinery next week, according to sources.
Phillips 66 Plans To Start Closing Its 139,000-BPD Los Angeles-Area Refinery Next Week According To Sources 🛢️🛑
Phillips 66 will begin winding down operations at its 139,000-barrel-per-day refinery near Los Angeles as early as next week, according to people familiar with the matter. The move marks the first phase of a permanent shutdown the company announced last year. A company spokesperson said the multi-step process of idling units remains on the previously disclosed timetable to complete by October 2025. Equipment will be taken offline in stages through the fourth quarter of 2025 to ensure a safe transition, the spokesperson added. The facility employs roughly 600 staff and 300 contractors, more than half of whom are hourly workers represented by the United Steelworkers Union. Most employees are expected to be laid off in December, the sources said. Once closed, the plant’s exit will remove about 2% of West Coast refining capacity, potentially tightening supply of gasoline, diesel and jet fuel in Southern California, a region that already relies on imports to balance demand.
