Wednesday, April 10, 2013

CLR To Provide Additional Oil to PBF Energy's Delaware City Refinery

Reuters is reporting:
NEW YORK, April 10 (Reuters) - PBF Energy Inc has inked a deal to take Bakken shale crude produced by Continental Resources to its Delaware City refinery, the latest step by East Coast refiners to leverage the benefits of the U.S. oil boom to struggling plants. Volumes of how much Bakken crude PBF would buy from Continental through the deal, which was announced in a press statement released on Wednesday, were not immediately available. PBF Energy in February announced the completion of a second rail unloading facility at the 182,000 barrel per day Delaware plant, allowing the plant to take a total of 70,000 bpd of light, sweet crude from North Dakota's Bakken shale and 40,000 bpd of Canadian heavy oil. 
There is more background at the link.

This story seems familiar; it may have been posted previously from a different source.

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