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Philadelphia Energy Solutions

With PES’s closure, more than 1,000 workers were laid off, including 640 local United Steelworkers members. Read more

M&A/Investment

Philadelphia Energy Solutions

REUTERS

The refinery’s owner, Philadelphia Energy Solutions, is scheduled to reveal the winning bidder on Wednesday during a hearing at the United States Bankruptcy Court for the District of Delaware. Read more

Plant Management & Operations

Philadelphia Energy Solutions

REUTERS

The payout will be distributed among debtors who were insured under the company’s commercial property coverage policy. Read more

Refining & Petrochemical Processing

U.S. and local officials are opposing the sale procedure for the bankrupt Philadelphia Energy Solutions oil refinery, arguing the plan discourages bidders and keeps the city locked out of the process, according to federal court filings. Read more

M&A/Investment

The agency released a factual update of the events that took place, which led to the explosion. Read more

Health, Safety & Environmental

Philadelphia Energy Solutions

REUTERS

The biofuels company would convert at least a portion of the plant to make renewable diesel, marine diesel and jet fuel. Read more

M&A/Investment

The Philadelphia Energy Solutions (PES) refinery was a consistent buyer of light sweet crude oil, and the backlog of cargoes bound for PES are either in limbo or in the process of being diverted to neighboring refineries and abroad. Read more

Refining & Petrochemical Processing

Philadelphia Energy Solutions (PES) filed for Chapter 11 bankruptcy protection, the company said on Monday, its second such filing in less than two years, after a fire last month prompted it to close the largest refinery on the U.S. East Coast. Read more

Plant Management & Operations

Philadelphia Energy Solutions

REUTERS

Philadelphia Energy Solutions dramatically scaled back a large maintenance project in January in the same section of the refinery complex where a massive explosion occurred last week. Read more

Health, Safety & Environmental

Philadelphia Energy Solutions

REUTERS

Philadelphia Energy Solutions will seek to permanently shut its oil refinery in the city after a massive fire caused substantial damage to the complex. Read more

Refining & Petrochemical Processing

The alkylation unit involved in a massive fire on Friday at Philadelphia Energy Solutions Inc.’s oil refinery has been completely destroyed. Read more

Emergency Response

Philadelphia Energy Solutions Inc, owner of the largest and oldest refinery on the U.S. East Coast, is facing another financial crisis just months after emerging from a controversial bankruptcy. Read more

Refining & Petrochemical Processing

A U.S. bankruptcy judge approved Philadelphia Energy Solutions’ plan for Chapter 11 bankruptcy in a Delaware court on Monday, clearing the path for the largest and oldest refinery on the U.S. East Coast to begin its latest recovery. Read more

Refining & Petrochemical Processing

Philadelphia Energy Solutions

REUTERS

Philadelphia Energy Solutions LLC, the owner of the largest U.S. East Coast oil refining complex, announced to its employees on Sunday that it plans to file for Chapter 11 bankruptcy. Read more

Refining & Petrochemical Processing

U.S. Senator Ted Cruz wants to place a cap of 10 cents each on renewable fuel credits - a fraction of their current value - to help U.S. refiners cope with the nation’s biofuels policy, according to a document viewed by Reuters on Thursday. Read more

Refining & Petrochemical Processing

  • Philadelphia Energy Solutions Refinery

  • Philadelphia Energy Solutions refinery processes approximately 335,000 barrels of crude oil per day, making it the largest oil refining complex on the east coast of the United States.