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Sendai Port Biomass Power Plant begins operations in Japan

SOURCE: Sumitomo Corp.

December 5, 2025

BY Erin Krueger

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Phillips 66 reports improved Q4 for renewables

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By Erin Krueger

3 hours ago

Operations Business 

Phillips 66 on Feb. 4 reported improved fourth quarter financial results for its renewable fuels segment on higher realized margins, including inventory impacts. The improvement was partially offset by lower credits.

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Marathon Petroleum Corp. on Feb. 3 announced its renewable diesel segment reported adjusted EBITDA of $7 million for the fourth quarter of 2025, down from $28 million during the same period of 2024.

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Imperial Oil Ltd. released fourth quarter financial results on Jan. 30, reporting that the renewable diesel complex at its Strathcona refinery near Edmonton, Alberta, is running well. The facility began operations in mid-2025.

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The U.S. exported 891,093.3 metric tons of wood pellets in November, up from 814,292.2 metric tons in October and 874,171.2 metric tons in November 2025, according to data released by the USDA Foreign Agricultural Service on Jan. 29.

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Valero Energy Corp. on Jan. 29 released fourth quarter 2025 financial results, reporting a profitable three-month period for its ethanol segment and Diamond Green Diesel joint venture, which produces renewable diesel and SAF.

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