PBF Energy began restarting the gasoline-producing fluidic catalytic cracker (FCC) at its 190,000 barrrel-per-day (bpd) Chalmette, Louisiana, refinery on Tuesday, said sources familiar with plant oper
BofA analysts led by Doug Leggate believe energy is "in the midst of a generational transition," as price volatility pushes them to lean on balance sheet strength, prompting an upgrade of Phil
PBF Energy downgraded to Neutral from Buy at BofA BofA PBF
Air Products (NYSE: APD) today announced it has completed the $530 million acquisition of five steam methane reformer (SMR) hydrogen production plants from PBF Energy Inc. (NYSE: PBF), and has commenc
In a report issued on April 17, Brad Heffern from RBC Capital maintained a Hold rating on PBF Energy (PBF), with a price target of $8.00. The company's
In a report issued on April 17, Brad Heffern from RBC Capital maintained a Hold rating on PBF Energy (PBF
Midway through trading Friday, the Dow traded up 1.47% to 23883.41 while the NASDAQ rose 0.49% to 8574.36. The S&P also rose, gaining 1.33% to 2,836.68. The U.S. is the...
Following the market opening Friday, the Dow traded up 2.27% to 24,071.39 while the NASDAQ rose 1.44% to 8,655.39. The S&P also rose, gaining 2.16% to 2,859.98. The U.S. is...
A fuel demand meltdown caused by the coronavirus outbreak in the United States has started up a new fight between the oil and agriculture industries over the nation's biofuel policy, this time over wh
Demand for refined fuels, and especially gasoline, has collapsed in response to the COVID-19 pandemic. Refiners' share prices are rebounding from an earlier dow
NEW YORK — A fuel demand meltdown caused by the coronavirus outbreak in the United States has started up a new fight between the oil and agriculture industries over the nation’s biofuel…
A fuel demand meltdown caused by the coronavirus outbreak in the United States has started up a new fight between the oil and agriculture industries over the nation's biofuel policy, this time over wh
The governors of five states have asked the Trump administration for a nationwide waiver exempting the oil refining industry from U.S. biofuel laws to help it survive the current demand meltdown, Reut

Refineries face shutdowns as fuel demand drops

02:00pm, Thursday, 16'th Apr 2020
With engineering limits on how much they can throttle back their plants, some refineries might soon have to shut down all together, as motorists stay home in the weeks or months ahead and the limited
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