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• Phillips 66 moves ahead with conversion of refinery in California
  Phillips 66, the company that got its start in Bartlesville, Oklahoma, and now headquartered in Houston,...
  Phillips 66, the company that got its start in Bartlesville, Oklahoma, and now headquartered in Houston, is putting a lot of money on the line in revamping a California refinery and making it a massive renewable diesel plant.
  
  The project involves its 127-year-old complex in Rodeo, California and while Phillips 66 proclaims it as a greener future, it has its detractors who question the company’s motives and claims reported Reuters.
  
  The project could also mean more train traffic, thus resulting in increased emissions and the risk of spills.
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• US sets petroleum product export record in 2022
  US petroleum product exports increased by 7% year over...
  US petroleum product exports increased by 7% year over year to an all-time high of 5.97 million barrels per day in 2022, with distillate fuel oil driving the growth, according to the Energy Information Administration's latest Petroleum Supply Monthly report. Altered trade flows in the wake of Russia's invasion of Ukraine and strong petroleum product refining economics have contributed to the rise.
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• Sempra Reaches FID on $13 Billion Port Arthur LNG Project, Closes JV
  Sempra is moving forward on building a major liquefied natural gas export project on the Texas...
  Sempra is moving forward on building a major liquefied natural gas export project on the Texas Gulf Coast and closed its related joint venture (JV) with ConocoPhillips, the company said on March 20.
  
  Sempra Infrastructure, a 70%-owned subsidiary of San Diego-based Sempra, reached a final investment decision (FID) to develop and operate the first phase of Port Arthur LNG in Jefferson County, Texas, the company said in a press release.
  
  The project’s first phase will include two liquefaction trains, two storage tanks, and associated facilities capable of producing around 13.5 million tonnes per annum (mtpa) of LNG. Sempra expects to spend an estimated $13 billion developing Port Arthur LNG Phase I.
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• Satellite tech for methane monitoring gains traction
  US natural gas companies are looking to satellite technology to improve methane monitoring and enhance...
  US natural gas companies are looking to satellite technology to improve methane monitoring and enhance transparency in emissions reporting. Leading US gas producer EQT is assessing six "satellite-as-a-service" providers, while the Appalachian Methane Initiative, which consists of EQT, Equitrans Midstream, and Chesapeake, is considering outsourcing or developing satellite technology in-house to achieve "sector-agnostic" monitoring and eliminate super emitters in Appalachia, according to EQT General Counsel Will Jordan.
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• What Else is Brewing Tuesday Morning
  France’s government narrowly survived no-confidence votes, paving the way for ...
  France’s government narrowly survived no-confidence votes, paving the way for President Emmanuel Macron’s unpopular plan to raise the retirement age to take effect.
  
  The new CEO of Starbucks, Laxman Narasimhan, took over from founder Howard Schultz two weeks earlier than planned.
  
  Eggs have gotten so expensive that Dollar Tree can no longer make a profit selling them.
  
  Rupert Murdoch, the 92-year-old executive chairman of News Corp, is engaged to be married for the fifth time.
  
  
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