Oil Refining & FuelsRodeo, CaliforniaAnnouncement date · May 11, 2022

Rodeo Renewable Energy Complex

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Phillips 66 converted its former San Francisco Refinery in Rodeo, California, into the Rodeo Renewable Energy Complex, one of the world’s largest renewable-fuels facilities. The $1.25 billion conversion enables production of approximately 50,000 barrels per day, or 800 million gallons annually, of renewable diesel and sustainable aviation fuel from lower-carbon feedstocks. The facility reached full production rates in June 2024.

The project transformed an existing petroleum refinery into a major domestic renewable-fuels manufacturing complex. Its commercial-scale output supplies lower-carbon transportation fuels while retaining valuable refinery infrastructure, industrial capacity, and access to West Coast fuel markets. AFT records 0 new permanent jobs because the official releases do not disclose a verified net-new operating-jobs figure.

Investment
$1.25B
Permanent jobs announced
0
Status
Operational
Operations began
June 2024
Why this project qualifies

With $1.3 billion in facility-specific investment, this project clears AFT's $100 million investment threshold (AFT includes any project meeting $100 million in facility-specific investment OR 100 permanent operating jobs). This project also meets AFT's primary-source verification and physical U.S. manufacturing-footprint requirements.

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Why it matters

The oil refining & fuels context.

Oil refining and fuels production tracks major U.S. facilities that turn hydrocarbons, renewable feedstocks, or synthetic processes into transport fuels, base oils, and related products. The category includes qualifying refinery investments and fuel-production plants, while excluding extraction, pipelines, terminals, storage, retail infrastructure, and power generation. These projects are capital-intensive industrial systems whose output reaches aviation, freight, manufacturing, and consumer fuel markets.

Project record

At a glance

Company
Phillips 66
Industry
Oil Refining & Fuels
Location
Rodeo, California
Investment
$1.25B
Permanent jobs announced
0
Status
Operational
Announced
May 11, 2022
Operations began
June 2024
Added to tracker
Aug 14, 2026
Sources

Official references

  • Final investment decision
    https://investor.phillips66.com/financial-information/news-releases/news-release-details/2022/Phillips-66-Makes-Final-Investment-Decision-to-Convert-San-Francisco-Refinery-to-a-Renewable-Fuels-Facility/default.aspx
  • Updated project cost
    https://investor.phillips66.com/financial-information/news-releases/news-release-details/2023/Phillips-66-Reports-Third-Quarter-2023-Financial-Results-and-Update-to-Strategic-Priorities/default.aspx
  • Full production update
    https://investor.phillips66.com/financial-information/news-releases/news-release-details/2024/Phillips-66-Achieves-Full-Production-Rates-of-Renewable-Fuel/default.aspx
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