Phillips 66 (PSX -0.8%) says power has been restored to its 238K bbl/day Bayway refinery in New...

|About: Phillips 66 (PSX)|By:, SA News Editor

Phillips 66 (PSX -0.8%) says power has been restored to its 238K bbl/day Bayway refinery in New Jersey after Hurricane Sandy's storm surge caused "some" flooding at the plant, but the company has no time frame for resuming operations. Separately, PSX anticipates $1.2B-$1.4B in capital spending this year, CFO Greg Maxwell says during a conference call following its Q3 earnings report.