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Next year, the number of California refineries will shrink to eight. While Phillips 66 said its decision isn't related to the gasoline storage bill, it warned in its most recent annual 10-K ...
Oil company Phillips 66 announced Wednesday that it plans to shut down a Los Angeles-area refinery by the end of 2025, citing market concerns. The company said it will remain operating in the state.
Complaints of acrid odors, fiery accidents, soot and harmful emissions have gained new resonance in recent years.
The refinery is located on 850 acres, in 2016 had approximately 650 full-time employees, and had a crude oil capacity of 157,000 barrels per day. In 2015 it was the fourth-largest refinery in the state. The refinery had a Nelson complexity index of 16.1. [citation needed]
The San Francisco Refinery is an oil refinery complex located in Rodeo, California and in Arroyo Grande, California, in the San Francisco Bay Area and Santa Maria Valley. These two locations, although more than 200 miles (320 km) apart, are considered one operation. They are directly connected by a 200-mile pipeline (320 km). [1]
A declining percentage of the oil supplied to California's refineries is produced in California, down to 23.4% in 2023 from 51.0% in 1993, thirty years earlier. [17] 15.9% of oil supplied to California's refineries came from Alaska in 2023, and 60.7% came from foreign sources. [17]
The Phillips 66 refinery complex in Wilmington and Carson now produces 1.3 billion gallons of gasoline annually, which will leave a huge gap to be filled after its planned closure late next year.
In July 2016, PBF acquired the 155,000 BPD ExxonMobil refinery in Torrance, California for $537.5M. The acquisition included ownership interests in several crude gathering and transportation pipelines, product pipelines, products terminals and crude and products storage facilities, and increased PBF's total throughput capacity to approximately ...
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