A California jury said Phillips 66 should pay $604.9 million for stealing trade secrets from a low-carbon fuel provider that it considered acquiring while preparing to enter the California ...

SACRAMENTO, California — Phillips 66 announced Wednesday that it will close its Los Angeles oil refinery next year, citing “long-term uncertainty” two days after Gov. Gavin Newsom signed a ...

Philip G. Zimbardo, the psychologist behind the controversial “Stanford Prison Experiment” that was intended to examine the psychological experiences of imprisonment, has died. He was 91 ...

For more than a century, the sprawling Phillips 66 oil refinery complex has dominated a vast tract of southern Los Angeles County. Its massive fuel storage tanks, distillation towers and sprawling ...

Phillips 66 announced Wednesday it will close its Los Angeles-area refinery next year, idling 600 employees and 300 contractors who work at two sprawling facilities that straddle Wilmington and ...

Phillips 66 announced Wednesday that it will close its southern Los Angeles County refinery operations next year. Citing uncertainty about future sustainability of the refinery complex, which ...

Phillips 66 has continued to invest in its business as it works to target $4 billion in mid-cycle adjusted EBITDA increase by 2025 ($14 billion). The company has continued to generate double-digit ...

Phillips 66 announced on Wednesday that it plans to shut down its Los Angeles-area refinery by the end of 2025. The decision will affect approximately 900 workers, including 600 employees and 300 ...

Now, in an abrupt move that reflects the tectonic industry shifts driven by climate change, the transition to electric vehicles and demands for cleaner air, Phillips 66 announced Wednesday that ...

Philip Morris is shifting from cigarettes to smokeless products like Zyn, driving growth and justifying a continued strong buy. The company's new Colorado factory and $800 million investment ...

Phillips 66 announced Wednesday it will close its 650-acre oil refinery complex near the Port of Los Angeles by the fourth quarter of 2025, days after Gov. Gavin Newsom (D) signed a new law ...