DOCSLIB.ORG

THE NEW 2020 AFPM SUMMIT IS GOING VIRTUAL August 25 – 27, 2020

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
THE NEW 2020 AFPM SUMMIT IS GOING VIRTUAL August 25 – 27, 2020 THE NEW 2020 AFPM SUMMIT IS GOING VIRTUAL August 25 – 27, 2020 The ONLY conference for the petroleum refining and petrochemical industries focused on improving plant-wide performance FREE to AFPM members through August 9. Non-members are welcome for a nominal fee. REGISTER TODAY www.afpm.org/2020Summit LEARN AND CONNECT IN A NEW WAY The 2020 AFPM Summit is going virtual! This exciting three-day event will provide technical resources for professionals from the refining and petrochemical industries who are focused on improving plant-wide performance. Attend world-class technical seminars, engage in roundtable discussions, discover the latest strategies and emerging innovations, and find immediate solutions to implement at the site level — all in a new, cutting-edge format. Three events come together for ONE POWERFUL SUMMIT The Summit will continue its mission to showcase a combination of the best elements from AFPM’s Reliability and Maintenance Conference, Cat Cracker Seminar, and Operations & Process Technology Summit, with added benefits of an integrated approach to problem-solving across disciplines. The 2020 Virtual Summit will include: Live-streamed industry topics and Access to emerging technologies, Content targeted at owner education sessions process safety, insights into and contractor personnel operations from maintenance, operations, Interactive, online networking engineering, and more events A virtual exhibit floor with the ability to interact and engage through live chats The AFPM Virtual Summit will be hosted on a user-friendly interactive The three-day summit will be packed with the same content originally virtual platform. Like a live event, you will begin the conference by planned for the live event. Sessions will be held in a variety of auditoriums, entering a lobby with videos and directional signage to help guide you all with optional chat boxes or Q&A. Following the event, all approved through the virtual experience. sessions will be available on-demand. August 25 – 27, 2020 | www.afpm.org/2020Summit | 2 AGENDA TUESDAY, AUGUST 25 10 a.m. – 6 p.m. EDT TECHNICAL EXPERTISE. WEDNESDAY, AUGUST 26 10 a.m. – 6 p.m. EDT ACTIONABLE SOLUTIONS. THURSDAY, AUGUST 27 10 a.m. – 6 p.m. EDT While the format of the event has changed, you can expect world- class technical content focused on emerging technologies, process safety, maintenance and turnaround, improved reliability and operations, mechanical integrity, training, leadership, and culture. DAY 1: TUESDAY, AUGUST 25 10:00 a.m. ROOM 1: EDT Kick-Off Keynote:Chet Thompson, President and CEO, AFPM (15 min.) Industry Leadership Panel Join us for a conversation with leading industry executives discussing perspectives on the state of the industry and the “new normal.” (60 min.) MODERATOR: Chet Thompson, President and CEO, AFPM PANELISTS: Daniel Coombs, Executive Vice President of Global Manufacturing, Projects & Refining, LyondellBasell Industries,Michael Coyle, President, Manufacturing, Chevron Corporation USA, Robert Herman, Executive Vice President, Refining, Phillips 66 and Michael Nagle, President & CEO, INEOS Olefins & Polymers USA ROOM 3: ROOM 1: ROOM 2: PRACTICAL TOOLS ROOM 4: ROOM 5: PROFITABILITY FUTURE OF INDUSTRY FOR SITES USES OF DATA ROUNDTABLES The Outlook for Road Fuel Leveraging Emerging Refining Case Studies on Applying Now to the Wireless Demand Technology for Refining Leveraging Data Analysis Future: Technology Instrumentation FACILITATORS: C.J. Farley, G.W. and Petrochemical and Reporting Tools for Lessons Learned from Technology for Aru, LLC and Mike Mitzner, Axens Operations, Training, Decision Making the Pandemic Refining and North America and Maintenance SPEAKERS: Miguel F. G. FACILITATORS: Blake Larsen, Petrochemical Operations SPEAKER: Linda Giesecke, ESAI SPEAKERS: Athicha (M) Sison, Senior Reliability Sinclair Oil Corporation and Dhanormchitphong and Engineer, Chevron Corporation Stephanie Franklin-Thomas, FACILITATORS: Atique Learning objectives: Learn about Kyle Daughtry, ExxonMobil USA, Dan Oliveira, Process Motiva Enterprises Malik, Phillips 66 and 11:30 a.m. the link between the economic Safety, Flint Hills Resources and IT/IT Strategy/Architecture & Learning objective: Learn Tim Olsen, Emerson EDT slowdown and road diesel demand, Representative, Maintenance, Technology how to apply cyber and Automation Solutions (60 min.) how transportation trends like Flint Hills Resources electric vehicles could affect Learning objective: Gain OT industry best practices SPEAKERS: Paul Bird, gasoline and diesel demand, and insight from operating Learning objective: Leverage from COVID-19 response to John Gusewelle and the impact on road fuels from company discussions on their domain knowledge to help potential future emergency Shahid Bashir, Phillips 66 policies and regulations affecting use of VR for turnaround develop and create “easy- situations and the “new fuel efficiency, electric vehicles and planning, maintenance to-use” applications without normal.” renewable fuels. Identify public planning, and operator requiring software coding/ policies that drive new product training. programming knowledge from development. existing data. Demonstration of tools will be provided. Crude to Chemicals — The Workforce Training and Ten Years of Advancing Return on Investment Leveraging Company- Reality vs. Perception Knowledge Retention Process Safety — with Refining and Wide Learnings to Industry Tools Petrochemical Data Improve Heater FACILITATORS: Eric Legare, FACILITATOR: Adam Ali, Operations Marathon Petroleum Corporation AFPM SPEAKERS: Ryan Wong, FACILITATORS: Vikram and Robert Ohmes, Becht Exxon Mobil Corporation and Gokhale, Chevron Corporation SPEAKER: Joanne Engineering SPEAKER: Juan Hurtado, Shanahan Mondal, CVR USA, Sam Lordo, Consultant Caldwell, Phillips 66 BASF Corporation Energy and Phillips 66 SPEAKERS: Anne Huber, Argus Ziad Jawad, (invited) and Keith Couch, Honeywell UOP Learning objective: Gain Learning objective: Learn how SPEAKERS: Yugender Learning objective: Case 12:45 p.m. insights from flexible your company can leverage Motiva Enterprises, Learning objectives: Gain insight Chikkula, study presented on how EDT training options tailored to into market drivers that are the AFPM process safety Jacqueline Guobadia, company-wide heater trip compliment your educational (60 min.) encouraging refiners to examine tools to reduce risk. Industry Motiva Enterprises and Krista information was analyzed needs. a departure from traditional fuels case studies provided. Novstrup, Seeq Corporation to help all sites improve safe operations and production to chemical production. Learning objective: Discover Gather information on process how to set up data to performance. technologies that enable conversion use machine learning for of fuels stream to chemical predictive analytics. products and understand what options currently exist to begin transforming your facility now. August 25 – 27, 2020 | www.afpm.org/2020Summit | 3 DAY 1: TUESDAY, AUGUST 25 cont. ROOM 3: ROOM 1: ROOM 2: PRACTICAL TOOLS ROOM 4: ROOM 5: PROFITABILITY FUTURE OF INDUSTRY FOR SITES USES OF DATA ROUNDTABLES Renewable Diesel Production Exploring Challenges in Human Organizational Update on API RP Roundtable: FCC — 100% and Co-Processing the U.S. Refining Sector Performance (HOP) 751, Safe Operation Turnaround Safety Options for Refiners FACILITATORS: CJ Farley, FACILITATOR: Abbas Dhalla, of Hydrofluoric Acid FACILITATOR: Richard FACILITATORS: Eric Legare, G.W. Aru, LLC and Mike Chevron Corporation USA Alkylation Units Section Grove, Chevron Marathon Petroleum Corporation and Mitzner, Axens North America 6 Inspection and Corporation USA SPEAKERS: Sahika Korkmaz Becht Engineering Maintenance Robert Ohmes, SPEAKER: John Auers, Turner and Chelsea Miller, Chevron PANEL: John Kite, Mason & Company Corporation USA and SPEAKER: Monica Plowman, Chevron Corporation USA SPEAKERS: Henrik Rasmussen Representative, Flint Hills HollyFrontier Corporation and Andrew Mezera, Learning objectives: Learn and Jostein Gabrielsen, Haldor Resources Valero Energy Corporation 2:00 p.m. Topsoe about the outlook and Learning objective: Update EDT challenges facing the U.S. Learning objective: on Section 6, of API RP 751, Discussion summary: Gain (60 min.) Learning objectives: and global refining industries, Discussion on company Rev 5 — Inspection and FCC Turnaround Safety — insight on 100% renewable including how COVID-19 applications of HOP, achieved Maintenance. Shutdown and Clean up, diesel production flowsheets, has affected the short-term benefits, and case-study Maintenance Execution, main equipment and process global demand for refined examples. and Restart considerations. Learn about products, the prospects for co-processing renewable demand longer term, how diesel production flowsheets, refineries have adapted in the main equipment, and process short-term and how the global considerations. refining industry will change going forward. Storytelling Using Data Understanding Digital AFPM Walk the Line Real-Time Crude Oil Data Introduction to the Science Process Monitoring Practice Share Program for Refinery Decision 4 Disciplines of FACILITATORS: Robert Ohmes, in Refineries Through FACILITATOR: Andy Woods, Making Execution ™ Becht Engineering and Eric Legare, Connect’In : A Case- CPChem FACILITATOR: Bill Poe, SPEAKER: Marathon Petroleum Corporation Study Approach AVEVA SPEAKERS: Tjokro Representative, Franklin SPEAKER: Adam Richards, SPEAKERS: Montri Vichailak, Hermanto, AmSty and Mike SPEAKER: Alex Woods, Covey
Load more

Recommended publications
  • 2019 Annual Report Are Commission-Free
    Table of Contents 1 Letter to Our Shareholders 4 Financial Highlights 6 Our Businesses Midstream Chemicals Refining Marketing and Specialties 7 Our Value Chain 8 Our Strategy Operating Excellence Growth Returns Distributions High-Performing Organization 28 Board of Directors 30 Executive Leadership Team 31 Non-GAAP Reconciliations 32 Form 10-K | ON THE COVER AND TABLE OF CONTENTS Lake Charles Refinery WESTLAKE, LA In 2019, Lake Charles Manufacturing Complex achieved a sustained safety record of more than 55 months, equivalent to 7.5 million safe work hours. 2019 PHILLIPS 66 ANNUAL REPORT 1 To Our Shareholders We have the right strategy in place to create shareholder value, and our employees are executing it well. Phillips 66 achieved 34% total shareholder return during 2019, which exceeded our peer group average and the S&P 100. In 2019, we delivered earnings of $3.1 billion and earnings per share of $6.77. Adjusted earnings were $3.7 billion or $8.05 per share. During the year, we generated $4.8 billion of operating cash flow. We reinvested $3.9 billionback into the business and returned $3.2 billion of capital to shareholders through dividends and share repurchases. We increased our quarterly dividend 12.5% and announced a $3 billion increase to our share repurchase program. Since our formation, we have returned $26 billion to shareholders through dividends, share repurchases and exchanges, reducing our initial shares outstanding by 33%. Operating excellence is our No. 1 priority and core to everything we do. Our goal is zero incidents, zero accidents and zero injuries. We believe this is attainable, and we strive for it daily.
    [Show full text]
  • Report Document
    VRP Sites as of August 13, 2015 Status VRP_No. Site_Name Volunteer Location Acceptance DatePRA_Date RA_Date LA Type_Site Contaminant IC PM Closed 1001 Rail siding and Big Horn 12/11/00 3/26/02 3/26/02 NFA Letter VRP Petroleum No Not coal load out area Coal 4/26/02; hydrocarbons, applicable Company area metals released from LQD bond Open 1002 Powder River Powder River 1095 West 1/8/01 10/17/01 10/01/07 Certificate of VRP Oil, diesel No Jaymee Energy Sheridan Energy Brundage (Tracts 8, 9, Completion Binion Site Corporation Lane, & 10 only), for Tracts 8, Sheridan, 5/18/09 9, and 10 on 82801 (Tracts 6 & 7 5/8/09 only) Open 1003 Former Conoco Phillips 66 Located 1/2 3/19/01; Approved VRP Petroleum No Sarah Glenrock Refinery Company mile west of 6/28/2011 5/13/02; refinery related Bargsten Glenrock amended amended contaminants South 9/19/02 property additional 54 acres Open 1004 Cheyenne Crude Suncor 199 South 4/4/01 5/30/06 VRP Petroleum No Ben Luckey Station Energy USA, Morrie Av, hydrocarbons formerly Cheyenne Conoco Inc. Open 1005 Union Pacific Former 543 West 4/4/01 7/31/03 1/3/05 VRP Petroleum No Sarah Railroad Chicago and Midwest Av, Hydrocarbons Bargsten North Casper Western Casper Rail Yard Open 1006 Laramie Yard Union Pacific Near 4/4/01 7/09/04 VRP Petroleum No Cindi Fueling Platform Railroad intersection Hydrocarbons Martinez of Railroad and University St., Laramie Yard Page 1 of 29 Status VRP_No. Site_Name Volunteer Location Acceptance DatePRA_Date RA_Date LA Type_Site Contaminant IC PM Closed 1007 Gulley Enterprises Cheyenne 411 E.
    [Show full text]
  • 2020 Fact Book 2 Our Businesses Our Strategy Midstream Chemicals Refining Marketing and Specialties Energy Research & Innovation Global Asset Map General Information
    Cover Photo: Taft Storage Facility at Gray Oak Pipeline TAFT, TX Contents 3 4 5 OUR BUSINESSES OUR STRATEGY MIDSTREAM Ferndale Ferndale Rail Terminal* Renton North Spokane Tacoma (MT) Yellowstone Cut Bank Moses Lake Thompson 17Falls Rail 24 14 Spokane Terminal Palermo* UROPE DLE EA Portland D Great Falls E I ST Portland (MT) Missoula Rail Terminal M Yello Glacier Sacagawea* Missoula wsto Helena Roundup Keene CDP* ne Billings Crude* Bozeman Billings Billings Humber SPCo & S-Chem ooth Sheridan* Semino Bakk Beart en Bayway MiRO CHEMICALS REFINING * MARKETING AND SPECIALTIES Bighorn e* Linden* Q-Chem I & II Casper* Tremley Pt. (MT)* * Po Rock Springs wd Bayway Rail eminoe er Ri Terminal* S Harbor Red Line Oil North Salt Lake Pioneer ve Des Moines s r Sacramento Rockies Expr Hartford Lincoln ess Line 20 ess Richmond (MT) Rockies Expr San Francisco Denver Borg Conway Kansas City* Po 0 Rockies Expres to Wichita wd Paola er-Den Gold Line* Wood River er Riv Wichita N.* Products* HeartlandPaola* Blue Line 0 Wichita S.* E. St. ver Jeerson City* Junction er Louis* Southern Hills* m Cherokee North* r*Hartford* Line 30 re Line 40 ol Standish* La Junta * h Ponca City* Explo his Ponca City ld Line C Crude* Go 0 Los Angeles Medford* eeMount Vernon* ok t Los Angeles Borger CherEas Torrance Cherokee Colton Borger to Amarillo* Blue LineSouth* Glenpool* Ponca Selmer Line O* * CushPo* Albuquerque* K PL Sk AC ATA Line* elly ST Cushing City SA Oklahoma City* Amarillo* -Belvieu Los Angeles AL Borger Oklahoma Crude* * Explor Wichita Falls* Lubbock* Savannah North
    [Show full text]
  • Investor Update February 2018
    Investor Update February 2018 NYSE: PSX www.phillips66.com Lake Charles Refinery Cautionary Statement This presentation contains certain forward-looking statements. Words and phrases such as “is anticipated,” “is estimated,” “is expected,” “is planned,” “is scheduled,” “is targeted,” “believes,” “intends,” “objectives,” “projects,” “strategies” and similar expressions are used to identify such forward-looking statements. However, the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements relating to the operations of Phillips 66 and Phillips 66 Partners LP (including their respective joint venture operations) are based on management’s expectations, estimates and projections about these entities, their interests and the energy industry in general on the date this presentation was prepared. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecast in such forward-looking statements. Factors that could cause actual results or events to differ materially from those described in the forward-looking statements can be found in filings that Phillips 66 and Phillips 66 Partners LP make with the Securities and Exchange Commission. Phillips 66 and Phillips 66 Partners LP are under no obligation (and expressly disclaim any such obligation) to update or alter these forward-looking statements, whether as a result of new information, future events or otherwise. This presentation includes non-GAAP financial measures. You can find the reconciliations to comparable GAAP financial measures at the end of the presentation materials or in the “Investors” section of the websites of Phillips 66 and Phillips 66 Partners LP.
    [Show full text]
  • Billings Area Emergency Response Action Plan
    BILLINGS AREA EMERGENCY RESPONSE ACTION PLAN PHMSA Sequence Number 2988 Owner/Operator: Phillips 66 3010 Briarpark Drive Houston, Texas 77024 24-Hour Number: (800) 231-2551 or (877) 267-2290 Page A7-1 Confidentiality Notice: This document is for the sole use of the intended recipient(s) and contains information that is considered to be proprietary to Phillips 66. Any unauthorized review, use, disclosure or distribution is strictly prohibited. Billings Area Appendix 7: Response Zone Appendix ERAP Appendix 7: ERAP Table of Contents 7.1 Area Information .......................................................................................................... 1 7.1.1 Tank Table ....................................................................................................... 2 7.2 Communication Equipment ......................................................................................... 2 7.3 Notification Sequence ................................................................................................. 2 7.4 Emergency Notification Contact List ........................................................................... 5 7.5 Emergency Response Equipment, Testing & Deployment ......................................... 9 7.6 Immediate Actions ..................................................................................................... 10 7.7 Maps and Diagrams .................................................................................................. 12 7.8 Response Forms ......................................................................................................
    [Show full text]
  • Presentation Title Slide
    Investor Update Second Quarter 2015 Execution Investor Update Second Quarter 2015 NYSE: PSX www.phillips66.com Cautionary Statement This presentation contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Words and phrases such as “is anticipated,” “is estimated,” “is expected,” “is planned,” “is scheduled,” “is targeted,” “believes,” “intends,” “objectives,” “projects,” “strategies” and similar expressions are used to identify such forward-looking statements. However, the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements relating to Phillips 66’s operations (including joint venture operations) are based on management’s expectations, estimates and projections about the company, its interests and the energy industry in general on the date this presentation was prepared. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecast in such forward-looking statements. Factors that could cause actual results or events to differ materially from those described in the forward-looking statements include fluctuations in NGL, crude oil and natural gas prices, and petrochemical and refining margins; unexpected changes
    [Show full text]
  • Growing Value $245 Billion of Revenues As of Dec
    www.conocophillips.com ConocoPhillips is an international, integrated energy company with interests around the world. Headquartered in Houston, the company had operations in more than 35 countries, approximately 29,800 employees, $153 billion of assets and Growing Value $245 billion of revenues as of Dec. 31, 2011. 2011 SUMMARY ANNUAL REPORT 90414conD1R1.indd 1 2/28/12 11:05 PM Shareholder Information 1 Letter to Shareholders Certain disclosures in this Summary Annual Annual Meeting Information Requests Copies of Form 10-K, Proxy Statement 49 Report may be considered “forward-looking” and Summary Annual Report 5 Financial and Operating Highlights ConocoPhillips’ annual meeting of For information about dividends and statements. These are made pursuant to “safe stockholders will be held: certificates, or to request a change of Copies of the Annual Report on Form 10-K 6 Repositioning harbor” provisions of the Private Securities address form, shareholders may contact: and the Proxy Statement, as filed with the Litigation Reform Act of 1995. The “Cautionary Wednesday, May 9, 2012 U.S. Securities and Exchange Commission, Statement” in Management’s Discussion and Omni Houston Hotel Westside Computershare are available free by making a request on Our Commitments Analysis in Appendix A of ConocoPhillips’ 2012 13210 Katy Freeway, Houston, Texas P.O. Box 358015 the company’s website, calling 918-661- Proxy Statement should be read in conjunction Pittsburgh, PA 15252-8015 8 Enhancing Financial Performance Notice of the meeting and proxy materials 3700 or writing: with such statements. Toll-free number: 800-356-0066 are being sent to all shareholders. 10 Empowering Our People Outside the U.S.: 201-680-6578 ConocoPhillips – 2011 Form 10-K TDD for hearing impaired: 800-231-5469 B-41 Adams Building 12 Operating Responsibly “ConocoPhillips,” “the company,” “we,” “us” Direct Stock Purchase and Dividend and “our” are used interchangeably in this report TDD outside the U.S.: 201-680-6610 411 South Keeler Ave.
    [Show full text]
  • 3Qtr17 Spirit-Magazine.Pdf
    CONOCOPHILLIPS Third Quarter 2017 Providing energy for the world while staying committed to our values. ConocoPhillips is proud to be an industry leader in fi nding and producing the oil and gas the world needs. At the foundation of our work is the commitment we have to our SPIRIT Values—Safety, People, Integrity, Responsibility, Innovation and Teamwork. To learn more, visit www.conocophillips.com © ConocoPhillips Company. 2017. All rights reserved. SHARING INSIGHTS From the desk of Ryan Lance Chairman & CEO AS THE HOUSTON AREA RECOVERS from the devastating aftermath of Hurricane Harvey, I continue to be impressed by the incredible compassion and resilience of our ConocoPhillips workforce. We are forging ahead on many fronts, including the completion of this special issue of spirit Magazine featuring the annual SPIRIT of Performance Awards. One of the most important responsibilities of my job is meeting with ConocoPhillips employees and listening to their ideas and concerns. During the past quarter, I visited China, Malaysia and Indonesia and saw the amazing work our people are doing on projects such as additional development phases at the Peng Lai field in Bohai Bay; production rampup and an active exploration program in Malaysia; and an initiative to sell more gas in Indonesia. During a visit to Alaska, I heard excitement around our Willow discovery in the National Petroleum Reserve and the active upcoming winter drilling campaign. In July, the company’s board of directors joined me on a visit to our Bakken operations in North Dakota, where the team patiently answered all our questions and showed why ConocoPhillips is recognized as an operator of choice in that important region.
    [Show full text]
  • Phillips Petroleum Company 2001 Annual Report
    Phillips Petroleum Company 2001 Annual Report NEW EXPECTATIONS PHILLIPS’ MISSION IS TO PROVIDE SUPERIOR RETURNS FOR SHAREHOLDERS THROUGH TOP PERFORMANCE IN ALL OUR BUSINESSES. PHILLIPS PETROLEUM CONTENTS COMPANY IN BRIEF 2 PHILLIPS’WORLDWIDE OPERATIONS Phillips Petroleum Company is a 4 LETTER TO SHAREHOLDERS major integrated U.S. oil and gas CEO Jim Mulva describes Phillips’ journey and explains why the company has company. It is headquartered in new expectations for increased shareholder returns. Bartlesville, Oklahoma. The company 7 THE CHAIRMAN’S PERSPECTIVE was founded in 1917. Phillips’ core Jim Mulva responds to questions about the company as it prepares to enter a new era. activities are: 9 FINANCIAL SUMMARY ■ Petroleum exploration and produc- Phillips remains financially strong despite a challenging economic climate. tion on a worldwide scale. 10 EXPLORATION AND PRODUCTION (E&P) ■ Petroleum refining, marketing and Phillips anticipates increased oil and gas output from existing projects, and is transportation, primarily in the carrying out a balanced and focused exploration program. United States. 18 REFINING, MARKETING AND TRANSPORTATION (RM&T) ■ Chemicals and plastics production Following its acquisition of Tosco, Phillips is capturing synergies and taking advantage and distribution worldwide through of its expanded capabilities as one of the largest U.S. refiners and marketers. a 50 percent interest in Chevron 24 CHEMICALS Phillips Chemical Company Chevron Phillips Chemical Company is weathering a difficult market, holding down (CPChem). costs and carrying out growth projects. ■ Natural gas gathering, processing 26 GAS GATHERING, PROCESSING AND MARKETING and marketing in North America Phillips’ midstream joint venture is making the most of its strengths while through a 30.3 percent interest in pursuing growth opportunities.
    [Show full text]
  • PHILLIPS 66 (NYSE: PSX) October 30, 2020, at 12 P.M
    TRANSCRIPT 3Q 2020 EARNINGS CONFERENCE CALL PHILLIPS 66 (NYSE: PSX) October 30, 2020, at 12 p.m. ET 1 PHILLIPS 66 THIRD QUARTER 2020 EARNINGS CALL TRANSCRIPT PHILLIPS 66 PARTICIPANTS Jeff Dietert, Vice President, Investor Relations Greg C. Garland, Chairman and Chief Executive Officer Kevin J. Mitchell, Executive Vice President, Finance and Chief Financial Officer Robert A. Herman, Executive Vice President, Refining Brian Mandell, Executive Vice President, Marketing and Commercial Tim Roberts, Executive Vice President, Midstream MEETING PARTICIPANTS Neil Mehta, Goldman Sachs Phil Gresh, JP Morgan Roger Read, Wells Fargo Securities Doug Leggate, BofA Global Research Paul Cheng, Scotia Howard Weil Matthew Blair, Tudor Pickering Hot Manav Gupta, Credit Suisse Theresa Chen, Barclays Benny Wong, Morgan Stanley 2 PHILLIPS 66 THIRD QUARTER 2020 EARNINGS CALL TRANSCRIPT TRANSCRIPT Operator: Welcome to the Third Quarter 2020 Phillips 66 Earnings Conference Call. My name is David, and I will be your operator for today's call. At this time, all participants are in a listen-only mode. Later, we will conduct the question-and-answer session. Please note that this conference is being recorded. I will now turn the call over to Jeff Dietert, Vice President, Investor Relations. Jeff, you may begin. Jeff Dietert: Good morning, and welcome to the Phillips 66 Third Quarter Earnings Conference Call. Participants on today’s call will include Greg Garland, Chairman and CEO; Kevin Mitchell, Executive Vice President and CFO; Bob Herman, EVP, Refining; Brian Mandell, EVP, Marketing and Commercial; and Tim Roberts, EVP, Midstream. Today’s presentation material can be found on the Investor Relations section of the Phillips 66 website, along with supplemental financial and operating information.
    [Show full text]
  • NEWS RELEASE Phillips 66 Plans to Transform San Francisco Refinery
    NEWS RELEASE Phillips 66 Plans to Transform San Francisco Refinery into World’s Largest Renewable Fuels Plant Conversion is expected to reduce the plant’s greenhouse gas emissions by 50% HOUSTON, Aug. 12, 2020 – Phillips 66 (NYSE: PSX), a diversified energy manufacturing and logistics company, announced today that it plans to reconfigure its San Francisco Refinery in Rodeo, California, to produce renewable fuels. The plant would no longer produce fuels from crude oil, but instead would make fuels from used cooking oil, fats, greases and soybean oils. The Phillips 66 Rodeo Renewed project would produce 680 million gallons annually of renewable diesel, renewable gasoline, and sustainable jet fuel. Combined with the production of renewable fuels from an existing project in development, the plant would produce greater than 800 million gallons a year of renewable fuels, making it the world’s largest facility of its kind. The project scope includes the construction of pre-treatment units and the repurposing of existing hydrocracking units to enable production of renewable fuels. The plant will utilize its flexible logistics infrastructure to bring in cooking oil, fats, greases and soybean oils from global sources and supply renewable fuels to the California market. This capital efficient investment is expected to deliver strong returns through the sale of high value products while lowering the plant’s operating costs. “Phillips 66 is taking a significant step with Rodeo Renewed to support demand for renewable fuels and help California meet its low carbon objectives,” said Greg Garland, chairman and CEO of Phillips 66. “We believe the world will require a mix of fuels to meet the growing need for affordable energy, and the renewable fuels from Rodeo Renewed will be an important part of that mix.
    [Show full text]
  • Table 3. Capacity of Operable Petroleum Refineries by State As of January 1, 2021 (Barrels Per Stream Day, Except Where Noted)
    Table 3. Capacity of Operable Petroleum Refineries by State as of January 1, 2021 (Barrels per Stream Day, Except Where Noted) Atmospheric Crude Oil Distillation Capacity Downstream Charge Capacity Barrels per Barrels per Thermal Cracking Calendar Day Stream Day Vacuum Delayed Other/Gas State/Refiner/Location Operating Idle Operating Idle Distillation Coking Fluid Coking Visbreaking Oil Alabama......................................................... 139,600 0 145,600 0 54,000 34,000 0 0 0 Goodway Refining LLC ....................................................................................................................................................................................................Atmore 4,100 0 5,000 0 0 0 0 0 0 Hunt Refining Co ....................................................................................................................................................................................................Tuscaloosa 48,000 0 50,000 0 25,000 34,000 0 0 0 Shell Chemical LP ....................................................................................................................................................................................................Saraland 87,500 0 90,600 0 29,000 0 0 0 0 Alaska......................................................... 164,200 0 178,500 0 26,000 0 0 0 0 ConocoPhillips Alaska Inc ....................................................................................................................................................................................................Prudhoe
    [Show full text]