Phillips 66 announced Wednesday that will close its historic Wilmington refinery in 2025 but will work with the state to continue supplying fuel to consumers.

According to the company, about 600 employees and 300 contractors operate the Los Angeles-area refinery. The refinery includes a crude-oil processing facility in Carson and a separate facility in Wilmington where the processed oil is finalized into “finished products.” The two facilities are linked by a roughly five-mile pipeline.

Oil company Phillips 66 has announced that it plans to shut down a Los Angeles-area refinery that accounts for about 8% of California's refining capacity The company indicates it will remain operating in California.

Philips 66, the massive oil company that operates across the United States, says that they will be closing their refiner in Wilmington next year after California Gov. Gavin Newsom signed a bill into law​ that looks at preventing gas prices from spiking.

Phillips 66 on Wednesday announced it plans to cease operations at its Los Angeles-based refinery in 2025.

SACRAMENTO, California — Phillips 66 announced Wednesday that it will close its Los Angeles oil refinery next year, citing “long-term uncertainty” two days after Gov. Gavin Newsom signed a law clearing the way for new regulations on the state’s refiners.

Phillips 66 announced Wednesday that will close its historic Wilmington-area refinery in 2025 but will work with the state to continue supplying fuel to consumers.

Philips 66, the massive oil company that operates across the United States, says that they will be closing their refiner in Wilmington next year after California Gov. Gavin Newsom signed a bill into law​ that looks at preventing gas prices from spiking.