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California Resources completes merger deal with Aera Energy (NYSE:CRC)

Grafissimo/E+ via Getty Images California Resources (NYSE:CRC) said Monday it completed its all-stock combination with Aera Energy announced in February, after an issuance of shares needed to close the deal was approved by CRC shareholders at a special meeting held on June 26. California Resources (CRC) said pro forma combinedContinue Reading

Phillips 66 completes conversion to renewable fuel at Rodeo complex (NYSE:PSX)

In: Finance

George Frey/Getty Images News Phillips 66 (NYSE:PSX) said Wednesday it completed the full conversion of its Rodeo Renewable Energy Complex in California, raising throughput rates to 50K bbl/day, or 800M gal/year. The 128-year-old Rodeo plant stopped processing crude oil in February, and has been transitioning to producing renewable diesel andContinue Reading

California Resources completes merger deal with Aera Energy (NYSE:CRC)

Phillips 66 completes conversion to renewable fuel at Rodeo complex (NYSE:PSX)

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