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NEWS
July 17, 2011
DOVER, Del. - A woman was killed Friday in Delaware City after a trailer became unhitched from a pickup truck and struck her vehicle, state police said. Shati Miller, 26, of Delaware City, died when the trailer, loaded with lawn equipment, hit her 2001 Cadillac on River Road, police said. They were investigating how the trailer had become unhitched from the Dodge Ram towing it. Police Sgt. Paul Shavack said charges were possible against the Dodge's driver, Allen Gurtler, 66, of Delaware City.
BUSINESS
July 14, 2014 | By Joseph N. DiStefano, Inquirer Staff Writer
Eugene Kern , a Marine-turned-corporate computing consultant based in West Chester, has spent years promoting a billion-dollar scheme to build a giant corporate data center with its own big, clean natural gas power plant. Rejected at a New Jersey site, Kern found fans in Gov. Jack Markell 's Delaware. The Democrats who run the state have backed a string of big industrial projects, hoping for jobs. Some worked, some didn't: The revived PBF Energy refinery in Delaware City is turning trainloads of oil into fuel.
BUSINESS
April 11, 2013 | By Andrew Maykuth, INQUIRER STAFF WRITER
PBF Energy Inc., whose holdings include refineries in Paulsboro, N.J., and Delaware City, Del., announced Wednesday it has signed an agreement to buy North Dakota crude oil that will be delivered to its Delaware plant by rail. PFF's deal is with Continental Resources Inc., the largest producer and leaseholder in the Bakken Shale formation, allowing the refiner to buy crude at a discount. Terms of the agreement were not disclosed.  
NEWS
September 3, 2010
A spokesman for PBF Energy Partners L.P. said that it is interested in buying oil refineries in North America but would not comment on wire service reports that it is in talks to buy Valero Energy Corp.'s refinery in Paulsboro. The spokesman, Michael Gayga, noted, however, that PBF in June bought Valero's oil refinery in Delaware City. The Paulsboro operation can refine 185,000 barrels a day. PBF, Greenwich, Conn., is a partnership between European refiner Petroplus Holdings A.G. and two U.S. private equity firms, the Blackstone Group and First Reserve.
NEWS
July 16, 2010 | By Edward Colimore, Inquirer Staff Writer
It is an impressive sight, almost medieval. A 30-foot moat surrounds the castle-like structure, whose granite walls - up to 30 feet thick - rise three stories above the water. Fort Delaware was built on Pea Patch Island in the Delaware River in the mid-19th century to defend Wilmington and Philadelphia, but it became famous as a Civil War prisoner-of-war camp. Now it is a historic state park visited by sightseers who travel by ferry from Delaware City, Del., south of the Delaware Memorial Bridge, to the island where tens of thousands of Confederate POWs were held.
BUSINESS
January 16, 2010 | By Andrew Maykuth INQUIRER STAFF WRITER
Valero Energy Corp. is exploring "strategic alternatives" for its Paulsboro refinery, but the Texas company won't confirm a published report that it hired investment bank UBS AG to find a buyer. "We are seeking strategic alternatives for the Paulsboro refinery," spokesman Bill Day said in an e-mail yesterday. Bloomberg News quoted sources saying that the San Antonio-based company hired UBS to sell its only remaining U.S. East Coast plant. Valero, the nation's largest oil refiner, closed its Delaware City, Del., plant in November amid a nationwide slump in demand for refined products.
NEWS
December 21, 2011
PBF Holding Company L.L.C. announced Wednesday it will spend $1 billion to upgrade its Delaware City, Del., refinery to produce ultra-low sulfur distillates, which includes diesel, heating oil and jet fuel. The PBF Clean Fuels Project, which will take three years to complete, involves the installation of equipment that strip 99 percent of the sulfur content from heavy crude oil, which is less expensive than sweet crude. The new equipment can also refine material supplied from PBF's refinery in Paulsboro, N.J. PBF bought the two refineries in 2010 from Valero Energy Corp.
NEWS
September 2, 1987 | By Elizabeth Hallowell, Special to The Inquirer
Just about everybody sitting around the bar at Jeff's Tap Room in Bridgeville, Del., had heard of Cocked Hat, just up the road toward Greenwood in rural Sussex County. But no one in the tavern, not even the oldest of the regulars who sipped cold draught beer from Mason jars one hot afternoon recently, knew how Cocked Hat had gotten its name. "It's just always been called that," shrugged George Jefferson, owner of the tavern, as he rearranged his baseball cap on his head. The question circulated and drew a considerable amount of discussion, but no one had anything to add. Cocked Hat is not a town, despite the little dot beside the name on the Delaware map. Nobody lives there.
BUSINESS
November 15, 2011 | By Mike Armstrong, Inquirer Columnist
The privately held company that restarted the Delaware City oil refinery earlier this year wants to test the public markets. PBF Energy Inc. , of Parsippany, N.J., has filed documents with the Securities and Exchange Commission for a possible initial public offering that seeks to raise up to $100 million. However, let me caution all supporters of the Philadelphia-area refineries that were put up for sale in September that the possible IPO doesn't mean PBF would have 100 million reasons to consider buying one, two or three of them.
BUSINESS
December 5, 2012 | By Joseph N. DiStefano, Inquirer Staff Writer
Sunoco Inc. has finished its long liquidation. But the Philadelphia area could soon be the production center for another publicly traded, multibillion-dollar oil refiner. PBF Energy , the Parsippany, N.J.-based company that bought the former Valero refineries in Paulsboro and Delaware City and the original Sunoco refinery in Toledo, amid the recession, has updated an earlier proposal to sell shares in an initial public stock offering (IPO), possibly by the end of this year.
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BUSINESS
July 14, 2014 | By Joseph N. DiStefano, Inquirer Staff Writer
Eugene Kern , a Marine-turned-corporate computing consultant based in West Chester, has spent years promoting a billion-dollar scheme to build a giant corporate data center with its own big, clean natural gas power plant. Rejected at a New Jersey site, Kern found fans in Gov. Jack Markell 's Delaware. The Democrats who run the state have backed a string of big industrial projects, hoping for jobs. Some worked, some didn't: The revived PBF Energy refinery in Delaware City is turning trainloads of oil into fuel.
BUSINESS
January 23, 2014 | By Andrew Maykuth, Inquirer Staff Writer
The Monday derailment of a freight train carrying crude oil to the Philadelphia Energy Solutions (PES) refinery has triggered a new round of alarm over petroleum shipments by rail, but has not affected operations at the South Philadelphia refinery. CSX Corp. crews began transferring oil and sand Tuesday from seven cars that derailed on a bridge spanning the Schuylkill in Grays Ferry. The cars were at the end of a 101-car train traveling from Chicago to Philadelphia, carrying crude oil from North Dakota.
BUSINESS
July 17, 2013
In the Region June revenue up at Pa. casino tables Pennsylvania's 11 casinos generated $59.5 million in table games revenue in June, up 4.2 percent from a year ago. Sands Casino Resort in Bethlehem, with 183 tables, was the leader at $16.9 million; second place was Parx Casino in Bensalem with 166 tables, which grossed $9.1 million. Two other Philadelphia-area casinos rounded out the top four - SugarHouse placed third at $6.7 million from 58 tables, and Harrah's Philadelphia grossed $6.3 million from 121. For the fiscal year ending June 30, total table-games revenue at the state's gambling houses was $713.1 million, an increase of 7.4 percent from the previous fiscal year's total of $663.9 million.
BUSINESS
July 11, 2013 | By Joseph N. DiStefano, Inquirer Staff Writer
The runaway crude-oil train that roasted downtown Lac-Megantic, Quebec, on Saturday has the refiners and shippers who count on similar trainloads to fill the Delaware River refineries paying close attention. Could this happen here? After all the blather about running out of oil, more crude is now flowing from deep wells and giant pits in central North America than ever. Pipeline operators want to ship the stuff East to refiners and consumers. Environmentalists and their alternative-energy allies in the Obama White House have blocked those plans, so far. So instead, oil has gone by rail - enriching people like Warren Buffett , whose Berkshire Hathaway holding company owns the Burlington Northern Santa Fe lines that dominate energy country, and Edward Burkhardt , who runs Chicago-based Rail World Inc. , which ran the killer train of Lac-Megantic.
BUSINESS
April 11, 2013 | By Andrew Maykuth, INQUIRER STAFF WRITER
PBF Energy Inc., whose holdings include refineries in Paulsboro, N.J., and Delaware City, Del., announced Wednesday it has signed an agreement to buy North Dakota crude oil that will be delivered to its Delaware plant by rail. PFF's deal is with Continental Resources Inc., the largest producer and leaseholder in the Bakken Shale formation, allowing the refiner to buy crude at a discount. Terms of the agreement were not disclosed.  
NEWS
February 7, 2013 | By Edward Colimore, Inquirer Staff Writer
The danger can come out of nowhere, often after long hours of boredom. In a turret of his humvee, Army Sgt. Matt Patterson of Bass River Township, Burlington County, stood watch behind a 50-caliber machine gun Tuesday while another member of his unit met with an Afghan elder to discuss ways of improving local security and ending nightly Taliban incursions. Staff Sgt. William Schnell of Newark, Del., told the Afghan leader he cared about the community and was a family man like him. He had just produced a picture of his daughter when the peace was shattered by an explosion.
BUSINESS
February 5, 2013
PBF Energy Inc. said it expects to receive its first train delivery this week of North Dakota light crude oil at its Delaware City Refinery, and also announced that it will double the amount of heavy Canadian oil-sands crude it can receive by rail by the end of this year. The refinery can now receive 70,000 barrels of light crude a day and 40,000 barrels of heavy crude. The heavy crude capacity will double to 80,000 under a $50 million plan to expand the unloading facility. PBF is also securing an additional 2,500 rail cars through 2015 to transport the crude oil. PBF and other East Coast refiners are scrambling to incorporate lower-cost domestic crudes from new discoveries into their mix to reduce their production costs, which typically have been higher because of their reliance on expensive imported petroleum.
BUSINESS
December 20, 2012 | By Mike Armstrong, Inquirer Columnist
I'm not sure I would find too many people willing to say they endorse the practice of states offering subsidies to attract or retain companies. That jobs, jobs, and more jobs are the focus behind the scramble to keep or lure companies, I understand. But the public cost to do so is a head-scratcher when you consider the size of some of the sums involved. I really detest when neighboring states outbid each other simply to move a company across a border. And when a company is already established, growing, and, in fact, publicly traded, why is it necessary to pay up to make sure it stays put rather than cross state lines?
BUSINESS
December 5, 2012 | By Joseph N. DiStefano, Inquirer Staff Writer
Sunoco Inc. has finished its long liquidation. But the Philadelphia area could soon be the production center for another publicly traded, multibillion-dollar oil refiner. PBF Energy , the Parsippany, N.J.-based company that bought the former Valero refineries in Paulsboro and Delaware City and the original Sunoco refinery in Toledo, amid the recession, has updated an earlier proposal to sell shares in an initial public stock offering (IPO), possibly by the end of this year.
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