Worley has been awarded a front-end engineering services contract on April 15 by Phillips 66 to convert its San Francisco refinery in Rodeo, California, into a renewable fuels-manufacturing facility.
The project will reconfigure the refinery and produce up to 650 million gallons per year of renewable transportation fuels from used cooking oils, fats, greases and vegetable oils. Once built, the renewable fuels facility is expected to be one of the world’s largest facilities of its kind.
Under the contract, Worley will provide FEED services for the facility, which will be executed by Worley’s North America West team with support from Worley’s Global Integrated Delivery team.
“As a global company headquartered in Australia, this project aligns with our strategic focus on sustainability and delivering a more sustainable world,” Chris Ashton, CEO of Worley, said. “We are pleased that Phillips 66 has engaged Worley in this important renewable fuels project and look forward to supporting Phillips 66’s energy transition goals, while also supporting Worley’s strategic focus on future fuels.”
Recommended Reading
NGL Growth Leads Enterprise Product Partners to Strong Fourth Quarter
2024-02-02 - Enterprise Product Partners executives are still waiting to receive final federal approval to go ahead with the company’s Sea Port Terminal Project.
Buffett: ‘No Interest’ in Occidental Takeover, Praises 'Hallelujah!' Shale
2024-02-27 - Berkshire Hathaway’s Warren Buffett added that the U.S. electric power situation is “ominous.”
Enbridge Advances Expansion of Permian’s Gray Oak Pipeline
2024-02-13 - In its fourth-quarter earnings call, Enbridge also said the Mainline pipeline system tolling agreement is awaiting regulatory approval from a Canadian regulatory agency.
Kissler: OPEC+ Likely to Buoy Crude Prices—At Least Somewhat
2024-03-18 - By keeping its voluntary production cuts, OPEC+ is sending a clear signal that oil prices need to be sustainable for both producers and consumers.
Canadian Natural Resources Boosting Production in Oil Sands
2024-03-04 - Canadian Natural Resources will increase its quarterly dividend following record production volumes in the quarter.