Oil company Phillips 66 faces federal charges related to alleged Clean Water Act violations

Associated Press Finance04:52

LOS ANGELES (AP) — Oil company Phillips 66 has been federally indicted in connection with alleged violations of the Clean Water Act in California, authorities said Thursday. The Texas-based company is...

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The company faces up to five years of probation on each count and a maximum of $2.4 million in fines.\nAn arraignment date has not been set. The company's media relations department did not respond to requests for comment Thursday.\nLast month, Phillips announced it would close its Southern California refinery by the end of 2025, citing market concerns. 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