California Gov. Gavin Newsom's bill would require oil refineries in the state to maintain a minimum amount of oil supply.
The energy giant denied that the move was connected with the recent signing of a new energy regulations bill in the state.
Phillips 66 announced Wednesday it will close its Los Angeles-area refinery next year, idling 600 employees and 300 ...
"This transaction marks significant progress in delivering on our commitment of over $3 billion in divestitures," Phillips 66 ...
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