-PBF Energy will shut down its Toledo, Ohio, refinery for a 40-day, $130 million turnaround in the fourth quarter, company executives said Friday. PBF also said it is considering adding a rail offloading facility to the refinery.
-Meanwhile, Canadian pipeline company Enbridge plans to build a $150 million rail loading facility adjacent to the south point of its Flanagan South pipeline near Oklahoma. Via the Wall Street Journal, the facility will be able to handle 140,000 barrels of heavy crude per day. Enbridge operates three rail terminals in the U.S. and Canada that can handle 190,000 barrels of crude oil per day and has one more under construction.
-Kinder Morgan affiliate El Paso Natural Gas Co. is planning a $529 million upgrade to its Southwest U.S. pipeline system to deliver natural gas to Mexico. Via FuelFix, El Paso Natural Gas will provide 550,000 dekatherms per day of gas pipeline capacity by October 2020.
-Valero is stocking up on corn to start up the 110-million-gallon-per-year ethanol plant it bought in Mount Vernon, Ind., earlier this year. Via Reuters, Valero spokesman Bill Day did not give a specific startup date, but said it would begin operation “sometime this quarter.” The plant has been idle for two years.
-ExxonMobil Vice President and Controller Patrick T. Mulva will retire Sept. 1, the company announced today. Mulva is a 38-year Exxon veteran who started his career as a financial analyst at the company’s Baton Rouge, La., refinery in 1976. He held a number of senior management positions at ExxonMobil before being elected to his current position in 2004.
