The complex will also be capable of producing renewable jet fuel, which Phillips 66 said it plans to start producing in the second quarter 2024. (Source: Shutterstock)
The San Francisco Bay Area refinery, being converted by Phillips 66 into a renewable fuels plant, is now processing only renewable feedstocks, the company said April 1, marking a milestone.
About 30,000 bbl/d is currently being produced at the Rodeo Renewable Energy Complex, which encompasses the Rodeo Renewed project. By the end of second-quarter 2024, Phillips 66 aims to have the complex finished and producing more than 50,000 bbl of renewable fuels.
Renewable fuels, which are made using feedstock such as used cooking oil and animal fats, are expected to have a key role in efforts to lower global greenhouse gas emissions. They serve as a lower carbon intense fuel source alternative to traditional petroleum resources.
“The project advances Phillips 66’s long-held strategy to expand our renewable fuels production, lower our carbon footprint and provide reliable, affordable energy while creating long-term value for our shareholders,” Rich Harbison, Phillips 66 executive vice president of refining, said in a news release.
The complex will also be capable of producing renewable jet fuel, which Phillips 66 said it plans to start producing in the second quarter 2024.
Recommended Reading
US Drillers Add Oil, Gas Rigs for First Time in Eight Weeks
2025-01-31 - For January, total oil and gas rigs fell by seven, the most in a month since June, with both oil and gas rigs down by four in January.
US Drillers Cut Oil, Gas Rigs for First Time in Six Weeks
2025-01-10 - The oil and gas rig count fell by five to 584 in the week to Jan. 10, the lowest since November.
US Drillers Cut Oil, Gas Rigs for Second Week in a Row
2024-11-22 - The oil and gas rig count fell by one to 583 in the week to Nov. 22, the lowest since early September. Baker Hughes said that puts the total rig count down 39, or 6% below this time last year.
US Drillers Add Oil, Gas Rigs for First Time in 8 Weeks
2024-12-06 - The oil and gas rig count rose by seven to 589 in the week to Dec. 6, its highest since mid-September.
Baker Hughes: US Drillers Keep Oil, NatGas Rigs Unchanged for Second Week
2024-12-20 - U.S. energy firms this week kept the number of oil and natural gas rigs unchanged for the second week in a row.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.