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  1. PBF Energy closes deal for California refinery, related assets

    PBF Holding Co. LLC, a subsidiary of PBF Energy Inc. , Parsippany, NJ, has completed its acquisition of ExxonMobil Corp. ’s 155,000-b/d Torrance, Calif., refinery, and related logistics assets ( OGJ Online, Oct. 1, 2015 ). Upon the deal’s July 1 closing, PBF Energy took 100% ownership of the Torrance refinery as well as a network of crude and product pipelines, product distribution terminals, and storage facilities, including a 171-mile crude gathering and transportation system that delivers the refinery its main feedstock of San Joaquin Valley crude directly from the field, PBF Energy said. Alongside a shell capacity of 8.6 million bbl in on site crude, intermediate, and finished product storage at the refinery, the purchase also includes several pipelines that provide the plant access to imported crude supplies arriving at the Ports of Long Beach and Los Angeles. PBF Energy paid a $537.5 million plus an estimated working capital of $460.9 million for the assets, the company said. With the addition of the Torrance refinery to its refining operations, PBF Energy now operates five US refineries with a combined crude processing capacity of 900,000 b/d to become North America’s fourth-largest independent refiner. Last year, PBF Energy closed a deal with ExxonMobil and Petroleos de Venezuela SA (PDVSA) for the purchase of former ExxonMobil-PDVSA joint venture Chalmette Refining LLC’s 189,000-b/d refinery in Chalmette, La., outside of New Orleans ( OGJ Online, Nov. 2, 2015) . Contact Robert Brelsford at rbrelsford@ogjonline.com .

    Online Articles

    Online Articles

    Thu, 7 Jul 2016

  2. Essar Projects wins contract for replacement of Indian Oil pipeline

    Essar Projects, a leading Engineering Procurement & Construction company, announced that it has bagged the contract for replacing 141 km of pipeline of 18-inch diameter in the Koyali-Viramgam section of Indian Oil Corporation’s Koyali-Sanganer oil pipeline.

    Online Articles

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    Wed, 6 Jul 2016

  3. TransCanada, partners propose Mexico storage, transportation system

    TransCanada Corp., Sierra Oil & Gas, and Grupo TMM have proposed to jointly develop an $800-million refined product storage and transportation system to serve rising demand for gasoline, diesel, and jet fuel in central Mexico and surrounding markets.

    Online Articles

    Online Articles

    Wed, 3 Aug 2016

  4. California regulators approve restart of ExxonMobil’s Torrance refinery

    California’s South Coast Air Quality Management District’s (SCAQMD) has approved an order that will allow ExxonMobil Corp. to restart the fluid catalytic cracker (FCC) at its 155,000-b/d refinery at Torrance, Calif., which has been shuttered since an explosion and ensuing fire struck the unit in ...

    Online Articles

    Online Articles

    Mon, 4 Apr 2016

  1. Fitch: Mixed outlooks for US midstream subsectors, given persistent headwinds

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    Wed, 2 Dec 2015

  2. AOPL: pipelines' share of US petroleum transportation rising

    US crude oil and product pipelines continued to increase their share of total US petroleum transportation in 2008, the Association of Oil Pipe Lines said on Jan. 4 in its latest annual report.

    Online Articles

    Online Articles

    Wed, 5 Jan 2011

  3. Oil, gas infrastructure investments essential, House panel told

    Investments in oil and gas transportation and storage should move ahead because they are essential in continuing the US economic recovery and North American energy renaissance, witnesses told a US House Transportation and Infrastructure subcommittee.

    Online Articles

    Online Articles

    Wed, 4 Feb 2015

  4. Uganda announces tender for Albertine Graben acreage

    The virtually untouched Albertine Graben of Uganda may contain more than 6.5 billion bbl of oil resources according Ugandan officials.

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    Article

    Thu, 26 Feb 2015

  5. Uganda taps Russian firm to build country’s first refinery

    The government of Uganda has selected a consortium led by Russia’s RT Global Resources, Moscow, as its first choice to construct the country’s first refinery.

    Article

    Article

    Tue, 17 Feb 2015

  6. PennEnergy Research enters exclusive electric power research partnership

    PennEnergy Research is now the exclusive destination for expert analysis of the electric power sector from Power Generation Research.

    Online Articles

    Online Articles

    Thu, 13 Feb 2014

  7. Williams, Boardwalk to pursue joint development of NGL pipeline system to transport Marcellus, Utica mixed NGLs

    Energy infrastructure company Williams and midstream master limited partnership Boardwalk Pipeline Partners LP  have executed a letter of intent to form a joint venture that would develop a pipeline project to transport natural gas liquids from the  Marcellus and Utica shale plays to the expanding ...

    Online Articles

    Online Articles

    Wed, 6 Mar 2013

  8. Magellan acquires 800 miles of pipeline

    Magellan Midstream Partners announced it purchased 800 miles of pipeline from Plains All American Pipeline, L.P.

    Online Articles

    Online Articles

    Wed, 27 Feb 2013

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