Phillips 66 (PSX) Resolves Rodeo Plant's Environmental Review

Phillips 66 (PSX) is on the verge of launching its Rodeo Renewed plant, a revolutionary renewable diesel facility in Rodeo, CA.The significant step forward comes after successfully navigating a comprehensive environmental review, marking a milestone in the company’s transition from traditional oil refining to renewable fuel production.The saga began when a July 2023 ruling found that the local environmental regulator, Contra Costa, initially approved the Rodeo Renewed plant in March 2022 based on incomplete ...