10-05-2022
Phillips 66 to convert San Francisco refinery to a renewable fuels facility
Phillips 66 made a final investment decision Wednesday to move forward with Rodeo Renewed, the project to convert its San Francisco Refinery in Rodeo, California, into one of the world’s largest renewable fuels facilities. The project, which recently received approval from Contra Costa County, is expected to cost approximately $850 million and begin commercial operations in the first quarter of 2024.
“Rodeo Renewed stands to play a major role in helping us lower our carbon footprint as we continue to provide reliable, affordable energy,” said Greg Garland, Chairman and CEO of Phillips 66. “This is a project that will help meet growing demand for lower-carbon fuels, preserve jobs and support California in achieving its climate goals. It is a great example of how Phillips 66 is making meaningful investments in a sustainable energy future that can create long-term value for our shareholders.”
Upon completion of Rodeo Renewed, the converted facility will no longer process crude oil and instead use waste oils, fats, greases and vegetable oils to produce an initial 800 million gallons per year (over 50,000 barrels per day) of renewable transportation fuels, including renewable diesel, renewable gasoline and sustainable aviation fuel. Production of these fuels is projected to reduce lifecycle carbon emissions by approximately 65% — the equivalent of taking 1.4 million cars off California roads each year. Rodeo Renewed is also expected to cut criteria pollutant emissions at the site by 55% and water use by 160 million gallons per year.
The scope of the project includes the construction of pre-treatment units and the repurposing of existing hydrocracking units to enable production of renewable fuels. The converted facility will leverage its flexible logistics infrastructure to secure renewable feedstocks from local, domestic and international sources and supply renewable fuels to California and other markets.
The facility conversion will create 500 construction jobs and preserve more than 650 jobs, including full-time employees and contractors. It is poised to help California meet demand for transportation fuels while assisting the state in achieving its environmental goals.
News Category:
-
Howden to supply tailored compression solution to refinery expansion mega project
Howden has signed a contract to supply hydrogen reciprocating compressors for Motor Spirits Block Unit for the Numaligarh Refinery Expansion Project in India. Numaligarh ...
28-06-2022
-
Maire Tecnimont Group awarded new FEED contracts
Maire Tecnimont S.p.A. announces that its subsidiaries Tecnimont and Stamicarbon have been awarded several new contracts and order variations for licensing, engineering ...
28-06-2022
-
Wood wins global master service agreement with Chevron
The agreement can be used by Chevron’s business units including those involved in onshore and offshore assets as well as during project development. Under the ...
28-06-2022
-
Hempel launches new fast-drying CUI coating
Leading coatings supplier Hempel today launched Hempaprime CUI 275, a new coating to combat corrosion under insulation. With extremely short overcoating intervals and ...
27-06-2022
-
Neste acquires European rights to Alterra Energy’s thermochemical liquefaction technology
Neste has purchased the European rights to Alterra Energy’s liquefaction technology, further solidifying the company’s efforts to advance chemical recycling. Alterra ...
27-06-2022
-
Neste invests in its world scale renewable products refinery in Rotterdam
Neste Corporation has made the final investment decision to invest into new renewable products production capacity in Rotterdam. The decision is based on demand for renewable ...
27-06-2022
-
TABADUL and Sadara ink MoU to develop logistic solutions for Petrochemical industry
Saudi Electronic Information Exchange Company signed a Memorandum of Understanding with Sadara Chemical Company on Monday May 23, 2022 at TABADUL’s headquarters in ...
27-06-2022
-
ExxonMobil, CNOOC and Shell to pursue carbon capture and storage hub in China
ExxonMobil, Shell, CNOOC, and Guangdong Provincial Development & Reform Commission have signed a Memorandum of Understanding to evaluate the potential for a world-scale ...
27-06-2022
-
Hempel launches Hempafire XTR 100 for hydrocarbon passive fire protection of downstream assets
After 10 years of continuous success in the passive fire protection (PFP) market with its cellulosic range of products, Hempel today launched its first product for the ...
23-06-2022
-
Pioneering hydrogen-powered furnace arrives for installation at Stanlow terminal
A new furnace capable of running on hydrogen and cutting CO2 emissions has arrived at the Port of Liverpool. The furnace, which is part of a multimillion-pound investment ...
23-06-2022