financetom
Business
financetom
/
Business
/
Phillips 66 Reports Milestone in Renewable Diesel Production
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Phillips 66 Reports Milestone in Renewable Diesel Production
Apr 1, 2024 2:25 PM

05:03 PM EDT, 04/01/2024 (MT Newswires) -- Phillips 66 (PSX) said it reached a "major' milestone in converting its San Francisco refinery into a renewable energy complex, with the facility now producing about 30,000 barrels per day of renewable diesel.

The Rodeo Renewed project is on track to increase production rates to more than 800 million gallons per year, or 50,000 barrels per day, of renewable fuel by the end of Q2, the company said late Monday.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Baytex Energy Swings to Q1 Loss, Sales Increase; Shares Down Pre-Bell
Baytex Energy Swings to Q1 Loss, Sales Increase; Shares Down Pre-Bell
May 10, 2024
05:03 AM EDT, 05/10/2024 (MT Newswires) -- Baytex Energy ( BTE ) reported a Q1 loss Thursday of 0.02 Canadian dollars ($0.02) per diluted share, swinging from earnings of CA$0.09 per share a year earlier. Three analysts polled by Capital IQ expected EPS of CA$0.27. Petroleum and natural gas sales for the quarter ended March 31 were $984.2 million, compared...
Inotiv Delays Release of Fiscal Q2 Results
Inotiv Delays Release of Fiscal Q2 Results
May 10, 2024
05:20 AM EDT, 05/10/2024 (MT Newswires) -- Inotiv ( NOTV ) said Thursday it now expects to release its fiscal Q2 results by May 15 from the initial May 10 schedule to allow for more time to complete accounting analyses related to the US Department of Justice's investigation into its Cumberland, Virginia, facility. A search and seizure warrant was executed...
Novavax Unveils Deal With Sanofi to Co-commercialize COVID-19 Vaccine, Develop Novel Medication
Novavax Unveils Deal With Sanofi to Co-commercialize COVID-19 Vaccine, Develop Novel Medication
May 10, 2024
05:14 AM EDT, 05/10/2024 (MT Newswires) -- Novavax ( NVAX ) said early Friday it signed a co-exclusive licensing agreement with Sanofi ( SNY ) to provide broader access to a protein-based non-mRNA adjuvanted COVID-19 vaccine from 2025 onwards. Shares of Novavax ( NVAX ) surged more than 43% in premarket activity on Friday, while Sanofi ( SNY ) added...
ZipRecruiter Swings to Loss in Q1 as Revenue Drops
ZipRecruiter Swings to Loss in Q1 as Revenue Drops
May 10, 2024
05:20 AM EDT, 05/10/2024 (MT Newswires) -- ZipRecruiter ( ZIP ) reported a Q1 loss late Thursday of $0.07 per diluted share, compared with earnings of $0.05 per diluted share a year earlier. Analysts polled by Capital IQ also expected a loss of $0.07 per share. Revenue for the quarter that ended March 31 was $122.2 million, down from $183.7...
Copyright 2023-2026 - www.financetom.com All Rights Reserved