Phillips 66’s Rodeo Renewable Energy Complex has completed full conversion and reached full production capacity of 50,000 bbl/d—equivalent to about 800 million gallons per year—prior to the end of second quarter 2024.
The Rodeo complex will now produce renewable diesel and sustainable aviation fuel (SAF), among other products, Phillips 66 said June 26 in a press release.
In addition to supplying California markets, the complex will provide renewable diesel to other areas along the West Coast, Phillips 66 said.
The announcement marks a significant step in Phillips 66’s commitment to playing a meaningful role in the energy transition and provide customers with lower-carbon solutions.
“The facility running at full capacity supports the growing demand for renewable fuels, lowers our carbon footprint and creates long-term value for our shareholders,” Rich Harbison, Phillips 66 executive vice president of refining, said in the release.
The Rodeo complex includes new pre-treatment units that process lower carbon intensity feedstocks, such as used cooking oil, fats, greases and vegetable oil. It began producing approximately 30,000 bbl/d of renewable fuel at the end of the first quarter of 2024.
RELATED
Phillips 66 Weighs Divestments, Targets Renewable Fuel Increase
Recommended Reading
BP Profit Falls On Weak Oil Prices, May Slow Share Buybacks
2024-10-30 - Despite a drop in profit due to weak oil prices, BP reported strong results from its U.S. shale segment and new momentum in the Gulf of Mexico.
SM Energy Adds Petroleum Engineer Ashwin Venkatraman to Board
2024-12-04 - SM Energy Co. has appointed Ashwin Venkatraman to its board of directors as an independent director and member of the audit committee.
NOV Appoints Former Denbury CEO Chris Kendall to Board
2024-12-16 - NOV Inc. appointed former Denbury CEO Chris Kendall to its board, which has expanded to 11 directors.
Geologist James Parr Joins Ring as EVP of Exploration, Geosciences
2024-11-26 - James Parr joins Ring Energy with over 30 years of experience as a petroleum geologist and leader in multiple energy organizations.
Utica Oil E&P Infinity Natural Resources Latest to File for IPO
2024-10-05 - Utica Shale E&P Infinity Natural Resources has not yet set a price or disclosed the number of shares it intends to offer.
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.