Phillips 66 (PSX) Halts Crude at Rodeo Refinery in February
Phillips 66(PSX) Zacks Investment Research·2024-02-02 00:16
Phillips 66 (PSX) ), a leading energy company, announced its decision to temporarily shut down crude oil processing operations at the Rodeo refinery in California during February. This strategic move is part of the company's larger plan to change the facility to a renewable fuel production hub by the end of the first quarter.During a post-earnings conference call on Wednesday, Phillips 66 revealed that it had already taken one crude unit offline last month but continued to process crude feedstocks in Januar ...