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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.
Chevron, the second-largest US oil company, plans to leave its historic headquarters in California and relocate to Texas over the next five years, citing increased regulations and state climate ...
The decision by Phillips 66 this week to shutter its refinery in Wilmington next year will wipe out more than 8% of the state's crude oil processing capacity. Another refinery shuts down in ...
Legislators and Gov. Newsom did not heed warnings that adding new mandates on oil companies would drive them out of the state. One already has. The California Democrats’ oil strategy is a big bust.
Headquartered in Bakersfield, California, Aera Energy LLC is a California limited liability company, [1] and one of California's largest oil and natural gas producers, with an approximate 2015 revenues of over $2 billion. Aera is operated as a stand-alone company through its board of managers.
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]
The owner of an oil field in Los Angeles County is suing the state of California over a law that will require it to stop production and plug its wells or face costly fines. Inglewood Oil Field ...
76 station in Southern California, c. 1950s The Union Oil Company of California (later known as Unocal) introduced the Union 76 brand to their existing Union Oil service stations in 1932. [ 3 ] After expanding along the West Coast, the Union 76 brand expanded to the Midwest and Southeast through the acquisition of Pure Oil in 1965.