2017 Safety Awards Event
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
Perspectives on Climate-Related Scenarios Risks and Opportunities Table of Contents
October 2019 Perspectives on Climate-Related Scenarios Risks and Opportunities Table of Contents 3 Letter from the Chairman and CEO 36 Metrics and Performance Data 4 About MPC 37 Managing Physical Risks to Our Facilities 6 Introduction 41 Conclusions 7 Governance and Risk Management 43 Endnotes 10 Climate Scenario Planning 43 Forward-looking Statements 30 Energy Strategy and Performance GLOSSARY OF TERMS barrel: 42 U.S. gallons — a common volume ERM: Enterprise Risk Management measure for crude oil and petroleum products GHGs: Greenhouse gases, such as carbon dioxide barrel of oil equivalent or boe: is a unit of energy and methane based on the energy released by burning one barrel IEA: International Energy Agency of crude oil or 5.8 million British thermal units. IEA’s CPS: Current Policies Scenario bpcd: barrels per calendar day — the average of how much crude oil or other feedstock a refinery IEA’s NPS: New Policies Scenario processes over a period of time, divided by the IEA’s SDS: Sustainable Development Scenario number of days in that period, typically 365 days (a LNG: Liquefied natural gas common rate measure for petroleum refineries) LPG: Liquefied petroleum gases bpd: barrels per day — a common rate measure for crude oil and petroleum products Tonne or metric ton: 2,205 pounds Carbon dioxide equivalent is a common unit MPC: Marathon Petroleum Corporation CO2e: of measurement converting all greenhouse gases NGL: Natural gas liquid — a light hydrocarbon to carbon dioxide. MPC calculates CO2e emissions liquid often produced with natural gas using the EPA factors identified in Equation A-1 in Scope 1 Emissions: All direct GHG emissions by 40 CFR Part 98. -
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. -
PORT ARTHUR, TEXAS: the End of the Line for an Economic Myth
PORT ARTHUR, TEXAS: The End of the Line for an Economic Myth August 2017 ACKNOWLEDGEMENTS This report was researched and written by Mary Greene and Keene Kelderman of the Environmental Integrity Project. THE ENVIRONMENTAL INTEGRITY PROJECT The Environmental Integrity Project (http://www.environmentalintegrity.org) is a nonpartisan, nonprofit organization established in March of 2002 by former EPA enforcement attorneys to advocate for effective enforcement of environmental laws. EIP has three goals: 1) to provide objective analyses of how the failure to enforce or implement environmental laws increases pollution and affects public health; 2) to hold federal and state agencies, as well as individual corporations, accountable for failing to enforce or comply with environmental laws; and 3) to help local communities obtain the protection of environmental laws. For questions about this report, please contact EIP Director of Communications Tom Pelton at (202) 888-2703 or [email protected]. PHOTO CREDITS Cover photo by Garth Lenz of Port Arthur. Executive Summary The Trump Administration’s approval of the Keystone XL Pipeline will lead to a surge in demand for oil refining at the southern end of the line, in Port Arthur, Texas – and a real test for claims that the administration’s promotion of fossil fuel industries will create jobs. The industrial port of 55,000 people on the Gulf of Mexico has been the home of America’s largest concentration of oil refineries for decades, and business has been booming. But history has shown little connection between the profitability of the petrochemical industries that dominate Port Arthur and the employment or health of the local people who live in this city of increasingly abandoned buildings and empty lots. -
Sinclair Oil Corporation Annual Report 1955
-X7 7 0 Q 0 Q - I f 4. Notice to Stockholders: of The Management will request proxies for the Annual Meeting that a Stockholders to be held on May 16, 1956. It is expected stock proxy statement and a form of proxy will be mailed to meeting holders on or about April 9, 1956, together with notice of and request for proxy. Sinclair Oil Corporation through subsidiaries, engages in all major functions of the oil industry-production, transportation, refining and marketing. Principal oper ating subsidiary companies are listed below, together • : :: c• i . with their primary activities and the locations of their headquarters. Unless otherwise stated, all subsidi aries are wholly owned. SINCLAIR OIL & GAS COMPANY, Tulsa, Oklahoma crude oil exploration and production in the United States. A subsidiary of this company, Sinclair Canada Oil Company conducts similar operations in the Dominion of Canada. SINCLAIR CRUDE OIL COMPANY, Tulsa, Oklahoma purchase and sale of crude oil. SINCLAIR PIPE LINE COMPANY, Independence, Kansas ownership and operation of crude oil and products pipe lines. SINCLAIR REFINING COMPANY, New York petroleum refining, product marketing and marine operations. In marketing operations, two Sinclair subsidiaries distribute under their own names in individual areas: Richfield Oil Corporation of New York, New York New England and the eastern seaboard states Hughes Oil Company, Chicago, Illinois Chicago area SINCLAIR RESEARCH LABORATORIES, INC., Harvey, Illinois and Tulsa, Oklahoma--research and development .4 SINCLAIR CHEMICALS, INC., New York petrochemical development and marketing SINCLAIR CUBA OIL COMPANY, S.A., Havana, Cuba J marketing-principally in Cuba . ^A SINCLAIR PETROLEUM COMPANY, New York exploration in Ethiopia SINCLAIR SOMAL CORPORATION, New York Somaliland exploration in Italian "NOTE:The term "Company" in this report is used interchange- 4 or any of its subsidi VENEZUELAN PETROLEUM COMPANY, New York ably to describe Sinclair Oil Corporation all (96.24% owned)--crude oil production and refining aries, individually or collectively. -
Inland Zone Sub-Area Contingency Plan (SACP) for Minneapolis/St
EPA REGION 5 INLAND ZONE SUB-AREA CONTINGENCY PLAN Inland Zone Sub-Area Contingency Plan (SACP) for Minneapolis/St. Paul December 2020 Sub-Area Contingency Plan i Minneapolis/St. Paul Letter of Review Minneapolis/St. Paul Inland Zone Sub-Area Contingency Plan (SACP) This SACP has been prepared by the United States Environmental Protection Agency (EPA) under the direction of the Federal On-Scene Coordinator (OSC) with collaboration from stakeholders of the Minneapolis/St. Paul Inland Zone Sub-Area. This SACP has been prepared for the use of all agencies engaged in responding to environmental emergencies and contains useful tools for responders, providing practical and accessible information about who and what they need to know for an effective response. This SACP is not intended to serve as a prescriptive plan for response but as a mechanism to ensure responders have access to essential sub-area specific information and to promote interagency coordination for an effective response. This SACP includes links to documents and information on non-EPA sites. Links to non-EPA sites and documents do not imply any official EPA endorsement of, or responsibility for, the opinions, ideas, data or products presented at those locations, or guarantee the validity of the information provided. David Morrison Federal On-Scene Coordinator United States Environmental Protection Agency Superfund & Emergency Management Division Region 5 Sub-Area Contingency Plan ii Minneapolis/St. Paul Record of Change Change SACP Description of Change Initials Date Number Section 1 all EPA R5 2020 New Sub Area Format – IAP w/main body plan DHM 12/22/2020 Sub-Area Contingency Plan iii Minneapolis/St. -
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 -
Exxonmobil Refinery Proposed Expansion: Operational Review and Neighborhood Demographic Profile
ExxonMobil Refinery Proposed Expansion: Operational Review and Neighborhood Demographic Profile Louisiana Democracy Project asked EBIC to examine the environmental track record of ExxonMobil’s Baton Rouge Refinery and also provide a demographic analysis of the neighborhoods within 2 miles of the Refinery. The ExxonMobil Refinery, previously knows as the Exxon Refinery, is located at 4045 Scenic Hwy. in Baton Rouge, LA. It borders the Mississippi River to the West and a densely populated neighborhood to the East with additional refineries extending to the north from its property boundary. The facility itself borders another Exxon Chemicals America plant (4999 Scenic Hwy.) which is also a significant source of toxic environmental releases, workplace hazards and regulatory problems. ExxonMobil is seeking a permit to expand its air pollution emissions at the Baton Rouge refinery. The company has claimed that even though the plant will produce more emissions, its overall operational effect on the environment would be make the air cleaner by producing a fuel that would lower automobile emissions. ExxonMobil is seeking permits to increase air pollution emissions at its Baton Rouge refinery. But, the company says the cleaner gasoline created by the project will mean fewer emissions from cars. The refinery wants to make changes so it can produce cleaner, low-sulfur gas as ordered by U.S. Environmental Protection Agency rules for 2004 model year cars and trucks. The new gasoline will mean that each year, vehicles in Baton Rouge's five-parish area will produce 2,238 fewer tons of nitrogen oxides and 842 fewer tons of volatile organic compounds. -
Marathon Agreement
UNITED STATES OF AMERICA BEFORE THE FEDERAL TRADE COMMISSION __________________________________________ ) In the Matter of ) ) Marathon Petroleum Corporation, ) a corporation, ) ) Express Mart Franchising Corp., ) File. No. 181-0152 a corporation, ) ) Petr-All Petroleum Consulting Corporation, ) a corporation, and ) ) REROB, LLC, ) a limited liability company. ) __________________________________________) AGREEMENT CONTAINING CONSENT ORDERS The Federal Trade Commission (“Commission”) has initiated an investigation of the proposed acquisition by Respondent Marathon Petroleum Corporation, through its wholly owned subsidiary, Speedway LLC (collectively “Marathon”), of retail fuel outlets from Respondents REROB, LLC, Petr-All Petroleum Consulting Corporation, and Express Mart Franchising Corp. (collectively “Proposed Respondents”). The Commission’s Bureau of Competition has prepared a draft administrative complaint (“Draft Complaint”). The Bureau of Competition, Proposed Respondents, and Sunoco LP (“Sunoco”) enter into this Agreement Containing Consent Orders (“Consent Agreement”) to divest certain assets and providing for other relief to resolve the allegations in the Draft Complaint through a proposed Decision and Order and Order to Maintain Assets, all of which are attached, to present to the Commission. IT IS HEREBY AGREED by and between Proposed Respondents and Sunoco, by their duly authorized officers and attorneys, and counsel for the Commission that: 1. Proposed Respondent Marathon Petroleum Corporation is a corporation organized, existing, and doing business under, and by virtue of, the laws of the State of Delaware, with its office and principal place of business located at 539 South Main Street, Findlay, Ohio 45840. 2. Proposed Respondent Express Mart Franchising Corp. is a corporation organized, existing, and doing business under, and by virtue of, the laws of the State of New York, with its office and principal place of business located at 7401 Round Pond Road, Syracuse, New York 13212. -
Clean Air Act (CAA) Watch List
Facilities on the Active May 2012 CAA Watch List The list of facilities below composes OECA's May 2012 Clean Air Act (CAA) Watch List. EPA maintains a "Watch List" to facilitate dialogue between EPA, state and local agencies on enforcement matters relating to facilities with alleged violations identified as either significant or high priority. Being on the Watch List may not mean that the facility has actually violated the law only that an evaluation or investigation by EPA or a state or local environmental agency has led those organizations to allege that an unproven violation has in fact occurred. The Watch List does not identify which alleged violations of environmental laws may pose the greatest risk to public health or the environment. It is an automated report based on data from the Air Facility System (AFS), which is used by federal, state and local agencies to track environmental enforcement and compliance information. Agencies input information into AFS, including information about violations that are identified as high priority violations (HPVs). Some facilities may appear on the Watch List due to data errors, which typically are identified and addressed during the EPA-state-local dialogue. EPA expects the government agency with jurisdiction over a facility with an HPV to initiate an appropriate enforcement response, in a timely manner, and input the action into AFS. Some facilities on the list are the subject of existing orders, are actively participating in negotiations with regulators, or are the subject of an investigation. While progress is being made toward resolving the violations, further activities may be required to achieve compliance. -
Marathon Petroleum's Galveston Bay Division
Case Study Marathon Petroleum’s Galveston Bay Division Embarks on Multi-Year Upgrade Path “Our first challenge is to create a new infrastructure that we can build on for Levels 1, 2 and 3. Because Honeywell has extended the life of certain products, we can migrate portions of our old antiquated systems slowly, giving us time to migrate such things as HPMs.” - Marcos Espinosa, Marathon Petroleum Corp., Galveston Bay Refinery Background The Galveston Bay Refinery began operation in 1934 as a Pan Headquartered in Findlay, Ohio, Marathon Petroleum Corpora- American Oil refinery and was later purchased by Amoco. In tion (MPC), together with its subsidiaries, including Marathon 1998, refinery ownership changed as Amoco Oil merged with BP. Petroleum Company LP, Speedway LLC and MPLX LP, is one of Since 2005, the refinery has undergone significant renovation the largest petroleum product refiners, marketers and transpor- and upgrades to units and site infrastructure. MPC purchased the ters in the United States. refinery from BP on February 1, 2013. MPC is the nation’s fourth-largest refiner and the largest refiner in Operations include crude distillation, hydrocracking, catalytic the Midwest. Its refining, marketing and transportation operations cracking, hydrotreating, reforming, alkylation, aromatics extrac- are concentrated primarily in the Midwest, Gulf Coast and South- tion, sulfur recovery and coking east regions of the U.S. Benefits MPC operations are strategically located to serve major markets. Since this upgrade effort is in progress, over a significant time- They include a seven-plant refining network, a comprehensive frame, benefits can be stated in terms of expectations. The instal- terminal and transportation system, and extensive wholesale and lation and implementation will provide the foundation for several retail marketing operations. -
Holly Energy Partners Announces Definitive Agreement with Sinclair Oil Corporation to Acquire Assets at Sinclair's Tulsa Refin
October 20, 2009 Holly Energy Partners Announces Definitive Agreement With Sinclair Oil Corporation to Acquire Assets at Sinclair’s Tulsa Refinery Transaction in Combination with Holly Corporation’s Acquisition of Sinclair Refinery DALLAS – Holly Energy Partners, L.P. (NYSE: HEP) (“HEP”or the “Partnership”) announced today that it has entered into a definitive agreement with a subsidiary of Sinclair Oil Corporation (“Sinclair”) to purchase certain logistics and storage assets at Sinclair’s refinery located in Tulsa, Oklahoma. Holly Corporation (NYSE: HOC) (“Holly”), an affiliate of HEP that controls HEP’s general partner, is also a party to the definitive agreement and has agreed to purchase the refining assets at Sinclair’s Tulsa refinery. Under the terms of the agreement, HEP will purchase approximately 1.4 million barrels of storage as well as light products, asphalt and propane loading racks, and an associated refined product delivery pipeline for $75 million comprised of $21.5 million in cash and $53.5 million in HEP common units. The transaction is subject to customary closing conditions as well as certain regulatory conditions. In conjunction with the transaction, it is anticipated that subsidiaries of Holly and HEP will enter into a long-term contract similar to others between Holly and HEP under which Holly and HEP will agree to the fees Holly will pay for its use of the assets HEP is acquiring, including a minimum revenue commitment by Holly. HEP expects the transaction to be immediately accretive to its distributable cash flow. Matt Clifton, Chairman and CEO of HEP, said, “This acquisition represents a great opportunity for HEP. -
DISCUSSION GROUP 1 on TURBOMACHINERY OPERATION and MAINTENANCE
DISCUSSION GROUP 1 on TURBOMACHINERY OPERATION AND MAINTENANCE Charles R. (Charlie) Rutan, Coordinator, is an Engineering Fellow for Lyondell/Equistar Chemicals, LP, at the Chocolate Bayou Chemical Complex, in Alvin, Texas. Initially, he was a Project Engineer for Monsanto Company, then moved into equipment specification, installation, startup, and problem solving. After Monsanto, Mr. Rutan worked for Conoco Chemicals, DuPont, and Cain Chemicals. He was a Mechanical Area Maintenance Manager at the Chocolate Bayou facility prior to being promoted to his present position. Mr. Rutan received his B.S. degree from Texas Tech University (1973). He was appointed to the Texas Tech University Department of Mechanical Engineering Academy of Mechanical Engineers and is a member of the Turbomachinery Symposium Advisory Committee. He has been active in ASME, the Turbomachinery and the International Pump User’s Symposia, the Southern Gas Compression Conference, the Hydraulic Institute, and AIChE. Richard Beck, Coordinator, has been the Equipment Reliability Group Supervisor at Chevron Phillips Chemical Company, Cedar Bayou Plant, in Baytown, Texas, since 1990. He has been employed with Chevron since May 1980, primarily in the equipment inspection and machinery reliability fields. Mr. Beck serves as the team leader of the Chevron Phillips Chemical Machinery Best Practice team and is one of the implementation coordinators for a company-wide reliability software system. His previous Chevron assignments include work at the Pascagoula, Mississippi, refinery; the Belle Chasse, Louisiana, chemical plant; and the Maua, Brazil, chemical facility. Mr. Beck completed his undergraduate studies at Mississippi State University (Education, 1979) and taught high school mathematics prior to his career with Chevron.