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The Marathon Martinez Renewable Fuels Facility is located in the San Francisco Bay Area in an unincorporated area known as Avon, East of Martinez, California. It refines biobased feedstocks such as animal fat, soybean oil and corn oil into renewable diesel. Previously owned by Tidewater Petroleum, Tosco, Valero Energy, Tesoro and Marathon ...
Marathon Petroleum (NYSE: MPC) Q4 2024 Earnings Call ... which includes a renewable diesel segment. ... the decision that we made back in 2020 to close Martinez as a fossil fuel refinery and then ...
In 2021 Marathon completed the conversion of the Dickinson Refinery to a renewable diesel (Biodiesel) facility with a capacity of 184 million gallons per year (~12,000 bpcd). In 2023 Marathon completed the conversion of the Martinez Refinery [ 39 ] [ 40 ] to a renewable fuels manufacturing facility with a capacity of 730 million gallons per ...
Turmoil in the biomass-based diesel sector, an umbrella term for renewable diesel and biodiesel, could become a roadblock to future investments in biofuels, the U.S. Energy Information ...
Throughout the United States, Canada, and the U.K., the company owns and operates 15 refineries with a combined throughput capacity of approximately 3.2 million barrels per day, two renewable diesel plants that produce approximately 1.2 billion gallons per year, and 12 ethanol plants with a combined production capacity of 1.6 billion gallons as ...
ConocoPhillips (NYSE: COP) made a splash on May 29 when it announced an all-stock acquisition of Marathon Oil (NYSE: MRO).The purchase price represents a 14.7% premium to the closing price of ...
Renewable diesel from vegetable oil is a growing substitute for petroleum. [14] California fleets used over 200 million US gallons (760,000 m 3 ) of renewable diesel in 2017. The California Air Resources Board predicts that over 2 billion US gallons (7,600,000 m 3 ) of fuel will be consumed in the state under its Low Carbon Fuel Standard ...
Strategic Biofuels LLC, a project development company, announced on Friday it plans to develop a renewable diesel plant in Louisiana that will produce up to 32 million gallons per year of ...