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.
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
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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