Phillips 66 Archives - Environment + Energy Leader

Companies will Pay $746 Million to Clean Up Superfund Site

June 10, 2016June 9, 2016 by Jessica Lyons Hardcastle

The EPA will ask more than 150 companies and other groups to foot the $746 million bill to clean up the Portland Harbor Superfund Site. The proposed plan to remove 65 contaminants along the 10-mile stretch of Oregon’s Willamette River will take 30 years, Oregon Public Broadcasting reports. The agency ... Read more »

Joint Ventures Develop North Dakota Crude Transportation Infrastructure

November 24, 2014November 21, 2014 by Jessica Lyons Hardcastle

Phillips 66 Partners and Paradigm Energy Partners have formed two joint ventures to develop midstream logistics infrastructure in North Dakota to transport crude oil in the Bakken region. The two joint ventures — The Sacagawea Pipeline and Palermo Rail Terminal — will improve efficiency, providing cost-effective take away options, increased ... Read more »

Panama Canal Expansion Offers LNG Opportunities

September 30, 2014September 29, 2014 by Ken Jennison

When the Panama Canal expansion is completed, an estimated 80 percent of the world’s liquefied natural gas shipping fleet will be able to pass through it, which is good news for various players in the US LNG sector looking to move product to Asia, according to Oil & Energy Insider. ... Read more »

Petroleum Refineries’ Capacity Increases

July 1, 2014July 1, 2014 by Ken Jennison

The capacity of US petroleum refineries increased by 101,000 barrels per calendar day between 2013 and 2014, according to a report by the US Energy Information Administration. There are currently 139 operating refineries and three idle refineries with total atmospheric crude oil distillation capacity of 17.9 million bbl/cd in the ... Read more »

Policy & Enforcement Briefing: SCOTUS Refuses Coal Appeal, Phillips 66 Fined, Anadarko Wins

March 26, 2014March 26, 2014 by Tamar Wilner

The Supreme Court on Monday refused to hear an appeal from Mingo Logan, a subsidiary of Arch Coal, which had challenged the EPA’s decision to veto the Spruce No. 1 mine, the Hill reports. EPA blocked the mine in 2011, four years after the project won its mineral-dumping permit from the Army ... Read more »

Phillips 66 Spending $3bn on Two Plants

February 11, 2014 by Bill Opalka

Phillips 66’s board of directors approved a $3 billion investment in two facilities 60 miles south of Houston. According to Fuel Fix, the move represents the company using its refining operations to fund a business transformation toward energy transportation, storage and processing infrastructure. A liquefied petroleum gas (LPG) terminal in ... Read more »

Most Firms Don’t Report GHG Emissions, Report Says

May 2, 2013May 2, 2013 by Jessica Lyons Hardcastle

Only 37 percent of the world’s largest companies report their greenhouse gas emissions fully and correctly, according to research from the Environmental Investment Organisation. The Environmental Tracking Carbon Rankings, which examines the GHG emissions and transparency of the 800 largest companies globally, shows only 21 percent had their data externally ... Read more »

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