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ExxonMobil to Sell Torrance Refinery to PBF Energy
ExxonMobil has reached an agreement with PBF Energy, Inc. for the sale and purchase of its refinery in Torrance, California, a lubricants distribution center at Vernon, products terminals at Vernon and Atwood, and associated California pipelines and other logistics assets, including facilities at the Southwest terminal.

date.png01 Oct 2015 09:22 | comments.png 0 Comments | tags.png exxonmobil n-america pbf refinery usa [ More ]

ExxonMobil Sells Share of Chalmette Refining, LLC in Louisiana
ExxonMobil has reached an agreement with PBF Energy Inc. for the sale and purchase of its 50 percent interest in Chalmette Refining, LLC in Chalmette, Louisiana.

date.png22 Jun 2015 05:54 | comments.png 0 Comments | tags.png exxon n-america pbf pdvsa refinery usa [ More ]

DNREC issues penalty order to Delaware City Refining Company, LLC for air quality violations
DNREC Secretary Collin O’Mara has issued a Notice of Administrative Penalty Assessment and Secretary’s Order to Delaware City Refining Company, LLC for violations of the state statute, federal air quality regulations, and its air permit. The order calls for a cash penalty of $460,200 and an additional $69,030 as cost recovery reimbursement to DNREC for expenses associated with the department’s investigation.

date.png30 Jul 2013 09:19 | comments.png 0 Comments | tags.png n-america pbf refinery usa [ More ]

PBF Energy Announces Supply Agreement with Continental Resources for Bakken Crude Oil
PBF Energy Inc. (NYSE: PBF) announced today the signing of an agreement with Continental Resources Inc. (NYSE: CLR) to supply PBF with Bakken crude oil, which will be delivered by rail to PBF’s double-loop track at its refinery in Delaware City, DE.

date.png11 Apr 2013 07:47 | comments.png 0 Comments | tags.png continental n-america pbf refinery usa [ More ]

PBF Announces Major Project at the Delaware City Refinery
PBF Holding Company LLC and Delaware City Refining Company LLC (together “PBF”) today announce the PBF Clean Fuels Project. PBF’s Board of Directors conditionally approved the construction of a $1 billion project consisting of a mild hydrocracker and hydrogen plant which will be built at its Delaware City Refinery.

date.png22 Dec 2011 06:26 | comments.png 0 Comments | tags.png pbf refinery usa [ More ]

PBF Celebrates Successful Restart of its Delaware City Refinery
PBF Holding Company LLC and Delaware City Refining Company LLC (together “PBF”) today announced the successful restart of the laware City petroleum refinery which was closed down by previous owners in 2009. In June 2010, Delaware City was purchased by PBF, a company owned by Blackstone and First Reserve Corporation, which have collectively undertaken a restart of the facility and full turnaround, leading to the rehiring of nearly 500 employees and up to 250 contractors. Initial operations began in June of 2011 and the refinery is now fully operational.

date.png10 Oct 2011 08:39 | comments.png 0 Comments | tags.png pbf refinery usa [ More ]

Valero Completes Sale of Paulsboro Refinery
Valero Energy Corporation (NYSE: VLO) announced today that it has completed the sale of its Paulsboro, N.J. refinery to PBF Holding Company LLC, a wholly owned subsidiary of PBF Energy Company LLC.

date.png20 Dec 2010 06:35 | comments.png 0 Comments | tags.png deals pbf refinery usa valero [ More ]

Sunoco to Sell Toledo Refinery to PBF and Updates on SunCoke Separation
Sunoco, Inc. (NYSE: SUN) today announced that it has reached a definitive agreement to sell its 170,000 barrel-per-day refinery in Toledo, Ohio to Toledo Refining Company LLC, a wholly owned subsidiary of PBF Holding Company LLC. Sunoco will sell the refinery for approximately $400 million (consisting of $200 million in cash and a $200 million two-year note). In addition, the purchase agreement includes a participation payment of up to $125 million based on the future profitability of the refinery. The buyer will also purchase the crude oil and refined product inventory attributable to the refinery which will be valued at market prices at closing.

date.png06 Dec 2010 06:33 | comments.png 0 Comments | tags.png deals ohio pbf refinery sunoco toledo [ More ]

Petroplus to Sell its Investment in PBF
Petroplus Holdings AG (SIX: PPHN) today announced that it has reached an agreement in principle with the Blackstone Group and First Reserve, its partners in PBF Energy Company LLC, for the sale of Petroplus’ 32.62% share of the company.

date.png28 Sep 2010 09:22 | comments.png 0 Comments | tags.png downstream investment pbf petroplus refinery [ More ]
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