Versor Investments LP trimmed its holdings in shares of Phillips 66 (NYSE:PSX – Free Report) by 58.4% during the third ...

Declines in U.S. refinery capacity are expected to slow the decrease in refining margins. Refinery margins or crack spreads, ...

Potential replacements for the century-old refinery complex covering 650 acres include housing and last-mile distribution ...

On November 1, Chemical maker LyondellBasell Industries announced its plan to permanently shutter its 263,776 bpd Houston oil ...

Phillips 66 will restart production of sustainable aviation fuel (SAF) at its Rodeo refinery in Northern California in early 2025, the company said last week.

Lyondell originally planned to shutter the Houston refinery in 2023, but extended its life due to strong fuel margins. Last month, rival U.S. refiners Phillips 66 and Valero Energy announced plans to ...

Demolishing the Phillips 66 Santa Maria Refinery will have only one “significant and unavoidable” environmental impact, ...

For the fourth quarter of this year, Lyondell plans to run the refinery at 90% of its capacity. Phillips 66's 139,000-bpd Los ...

Phillips 66 announced on Oct. 16 it would cease refining operations at its Los Angeles refinery by the end of 2025. "With the long-term sustainability of our Los Angeles Refinery uncertain and ...

California Gov. Gavin Newsom recently signed a new law that imposes additional regulatory requirements on oil refiners in the state. The law intends to reduce gasoline prices and prevent what Newsom ...