Delaware City Refinery

Delaware City Refinery

The Delaware City Refinery, currently owned by Delaware City Refining Corporation, is an oil refinery in Delaware City, Delaware. When operational it has a total throughput capacity of 210,000 barrels per day (33,000 m3/d),[1][2] and employs around 570 individuals.[1]

The refinery was commissioned in 1956 and Getty Oil operated it up until 1984, when Texaco bought Getty. In 1988, Star Enterprises, a company started when Saudi Aramco bought half interest, took over the refinery until 1998, when Motiva Enterprises, a joint venture between Star(Saudi Aramco) and Shell, operated it. Motiva's operation was the most controversial, with many lawsuits resulting from an explosion and many federal emission regulations violations.[3][4] Premcor Refining Group bought the refinery from Motiva in 2004,[5] but Valero acquired Premcor a year later.

On 20 November 2009, the refinery was shut down permanently as part of cost cutting measures by Valero Energy Corporation.[6][7] Anticipated economic impacts of the closure include major reductions in tax revenue and retails sales for Delaware City, increased materials acquisition cost for petroleum products re-sellers and an increase to consumer gasoline prices in the longer term.[8][9]

On January 25, 2010, Petroplus, the largest independent refining company in Europe, announced its interest in buying the refinery.

In June 2010, it was announced that the Delaware City Refinery was purchased by PBF Energy Partners for $220 million. The refinery is expected to reopen in Spring 2011.[10]


References

  1. ^ a b "Delaware City Refinery". Valero Energy Corporation. Archived from the original on 8 March 2007. http://web.archive.org/web/20070308125115/http://www.valero.com/Visit+Our+Refineries/Delaware+City. Retrieved 22 November 2009. 
  2. ^ Barrels per day in this context refers to total liquid throughput, of which ~87% is crude oil. See page 3 of: William R. Klesse (signatory for registrant) (2009). Valero Energy Company Form 10-K for the fiscal year ended December 31, 2008 (Report). Valero Energy Company. http://www.valero.com/Financial%20Documents/Form%2010-K%202008%20FINAL.pdf. Retrieved 22 November 2009. 
  3. ^ "Motiva Enterprises Settles Federal-State Lawsuit Resulting from Explosion At Delaware City Refinery" (Press release). United States Department of Justice. 20 September 2005. Archived from the original on 12 October 2005. http://web.archive.org/web/20051012073941/http://www.justice.gov/opa/pr/2005/September/05_enrd_488.html. Retrieved 22 November 2009. "sub-title: Settlement Worth Combined Total of Nearly $23.7 Million in Civil Penalties, Environmental Projects, Injunctive Relief, and Response Costs" 
  4. ^ "History of DAS/NRDC Suit Against Motiva". Delaware Audubon Society. 25 March 2004. Archived from the original on 28 September 2007. http://web.archive.org/web/20070928105536/http://www.delawareaudubon.org/lawsuit/motivaend.html. Retrieved 22 November 2009. "subtitle: Agreement Ends 12 Years of Lawsuits" 
  5. ^ "Premcor to Acquire Motiva Delaware City Refining Complex" (Press release). Premcor Inc.. 14 January 2004. Archived from the original on 29 September 2007. http://web.archive.org/web/20070929142305/http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/01-14-2004/0002089583&EDATE=. Retrieved 22 November 2009. 
  6. ^ Montgomery, Jeff (21 November 2009), "Delaware City refinery closing (subtitle: Valero can't find buyer for plant; DNREC to supervise shutdown)", The News Journal (DelawareOnline), Business, archived from the original on 22 November 2009, http://www.webcitation.org/5lUK5zEKv, retrieved 22 November 2009 
  7. ^ Associated Press (20 November 2009), Valero closing Delaware City refinery, Business/Finance, Delaware City, Delaware: 6 ABC Action News (6abcnews.com), archived from the original on 22 November 2009, http://www.webcitation.org/5lUKszsMc, retrieved 22 November 2009 
  8. ^ Merriweather, James (21 November 2009), "Devastating blow to Delaware City's economy", The News Journal (DelawareOnline), Business (Delaware City), archived from the original on 22 November 2009, http://www.webcitation.org/5lUNDqJAc, retrieved 22 November 2009 
  9. ^ Nathans, Aaron (21 November 2009), "Delaware drivers to feel effect of Valero refinery closing at the pump", The News Journal (DelawareOnline), Business, archived from the original on 22 November 2009, http://www.webcitation.org/5lUNMqCTX, retrieved 22 November 2009 
  10. ^ Cook, Bill (June 4, 2010). "Delaware City refinery to add hundreds of jobs". WHYY-TV. http://whyy.org/cms/news/regional-news/delaware/2010/06/04/delaware-city-refinery-to-add-hundreds-of-jobs/39551. Retrieved December 17, 2010. 

Coordinates: 39°34′51″N 75°37′51″W / 39.5809°N 75.6309°W / 39.5809; -75.6309 (Valero Delaware City Refinery, Site Administration Building)


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