# Deca Companies

Type: Company

Source: Finance Intelligence Brief — https://getfinancebrief.com/entity/deca-companies
Canonical HTML page: https://getfinancebrief.com/entity/deca-companies

## Timeline

- **2026-03-02**: Capacity Loss Assessment — Reports indicate California is losing 20% of refining capacity as Marathon and Valero facilities face uncertainty.
- **2025-12-31**: Official Refinery Closure — The 659-acre Phillips 66 facility in Carson and Wilmington officially ceases operations.
- **2024-12-31**: Production Ranking Shift — EIA data confirms California has fallen to 7th in US crude production, behind Wyoming and New Mexico.
- **2024-10-16**: Phillips 66 Exit Announcement — Industry titan Phillips 66 announces it will close its Los Angeles-area refinery by the end of 2025.

## Recent coverage (1 stories)

### California’s Refining Exodus: Phillips 66 Closure Signals 20% Capacity Drop
2026-03-03 00:36:17 · Sentiment: Bearish · Impact: 7/10 · Sources: 2

The closure of Phillips 66’s Los Angeles refinery marks a pivotal moment in California’s energy transition, as the state faces a nearly 20% reduction in total refining capacity. Driven by aggressive environmental regulations and shifting land-use priorities, the exodus of major oil players raises critical questions about fuel security and the redevelopment of massive industrial sites.
Full story: https://getfinancebrief.com/story/california-oil-refinery-closures-phillips-66-marathon-valero

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