Phillips 66 to Close Los Angeles Refinery in 2025 Amid Sustainability Concerns

Phillips 66 plans to close its Los Angeles-area refinery by 2025, citing sustainability concerns. This decision impacts around 600 employees and 300 contractors, prompting local officials to seek new opportunities for job creation and economic development. The company is exploring alternative uses for its properties near the Port of Los Angeles while ensuring fuel supply continuity in California. As the energy sector evolves, this closure reflects broader trends towards cleaner energy and sustainability.