Simultaneous phenol and Cr(VI) bioremoval by two different mixed cultures, from petroleum-contaminated soil (PS) and boron-contaminated wastewater (BW), was investigated in regard to different culture media, pH levels (6–8), initial phenol (25–100 mg/L) and Cr(VI) (15–50 mg/L) concentrations. The optimum medium was found to be mineral salt medium tested, which contained 1% (v/v) molasses (MSM). Optimum pH values were 6 for PS and 8 for BW. All of the phenol present in the samples was mineralized regardless of its concentrations tested, Cr(VI) bioremoval was enhanced by the increase in phenol concentrations, and molasses also exerted a positive effect on Cr(VI) removal, and the yields reached 100% for both pollutants, even at 13.1 mg/L Cr(VI) and 91.1 mg/L phenol concentration in PS samples. In MSM containing PS samples approximate efficiency was 100% for phenol removal; but Cr(VI) removal ratios were 64.9% and 41.7% at 25.8 mg/L and 41.3 mg/L concentrations, respectively. Finally it can be concluded that molasses stimulated Cr(VI) bioremoval at elevated phenolic conditions in the mixed microbial culture, and molasses might be of use for the bioremediation of phenol and Cr(VI) polluted wastewaters.