PBF Energy Inc. is a petroleum refining and logistics company that produces and sells transportation fuels, heating oils, lubricants, petrochemical feedstocks, and other petroleum products. The company owns and operated 6 refineries throughout the United States, located in Chalmette, Louisiana ; Toledo, Ohio ; Paulsboro, New Jersey ; the Delaware City Refinery in Delaware City ; Torrance, California ; Martinez, California . PBF produces a range of products including gasoline, ultra-low-sulfur diesel (ULSD), heating oil, jet fuel, lubricants, petrochemicals and asphalt.
16-545: [REDACTED] Look up pbf in Wiktionary, the free dictionary. PBF or Pbf may refer to: Organizations [ edit ] PBF Energy , a petroleum refiner and supplier Pakistan Business Forum, an apex advocacy group for trade and industry of Pakistan Pittsburgh Bureau of Fire , provides of fire protection to the city of Pittsburgh, Pennsylvania Public Benefit Flying organizations, volunteer pilot groups under
32-478: A binary file format used to store structured data Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with the title PBF . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=PBF&oldid=1219278454 " Category : Disambiguation pages Hidden categories: Short description
48-468: A complexity factor to each major piece of refinery equipment based on its complexity and cost in comparison to crude distillation, which is assigned a complexity factor of 1.0. The complexity of each piece of refinery equipment is then calculated by multiplying its complexity factor by its throughput ratio as a percentage of crude distillation capacity. Adding up the complexity values assigned to each piece of equipment, including crude distillation, determines
64-549: A designation on many electronic components indicating a "Pb free" status The Perry Bible Fellowship , a newspaper comic strip and webcomic by Nicholas Gurewitch Personenbahnhof (Pbf), a type of German rail station PTTG1IP (also PTTG1-binding factor), a poorly characterised protein that in humans is encoded by the PTTG1IP gene United Nations Peacebuilding Fund , a multi-year standing trust fund for post-conflict peacebuilding Protocol Buffer Binary Format (PBF),
80-612: A refinery’s complexity on the NCI. The NCI indicates not only the investment intensity or cost index of the refinery but also its potential value addition . Thus, the higher the index number, the greater the cost of the refinery and the higher the value of its products. In the second edition of the book Petroleum Refinery Process Economics (2000), author Robert Maples notes that U.S. refineries rank highest in complexity index, averaging 9.5, compared with Europe's at 6.5. The Jamnagar Refinery belonging to India-based Reliance Industries Limited
96-537: Is different from Wikidata All article disambiguation pages All disambiguation pages PBF Energy In February 2020, with the acquisition of the Martinez Refinery, PBF Energy currently owns and operates six domestic oil refineries and related assets with a combined processing capacity, known as throughput, of approximately 1,000,000 bpd, and a weighted average Nelson Complexity Index of 13.2. On November 30, 2022, PBF Energy acquired of
112-421: Is now one of the most complex refineries in the world with a Nelson complexity index of 21.1. The Oil and Gas Journal annually calculates and publishes a list of refineries with their associated Nelson complexity index scores. Some factors for various processing units: If an oil refinery has a crude distillation unit (100 kbd), vacuum distillation unit (60 kbd), and catalytic reforming unit (30 kbd), then
128-647: The Paulsboro refinery from Valero Energy . PBF then acquired the Toledo refinery from Sunoco in December 2010 for approximately $ 400 million. PBF went public in December 2012 with a $ 533 million initial public offering. In 2015 PBF acquired the 189,000 BPD Chalmette, Louisiana refinery from ExxonMobil and its partner, the state-owned Petroleos de Venezuela , for $ 322 million, in a deal that included interests in chemical facilities, pipelines and other assets at
144-926: The auspices of the Air Care Alliance Sports [ edit ] Pakistan Badminton Federation , the governing body for the sport of badminton in Pakistan Pakistan Boxing Federation , the governing body of amateur boxing in Pakistan Pakistan Bridge Federation , the sport governing body for the game of Bridge in Pakistan Palestinian Basketball Federation , the governing body of basketball in Palestine Paraguayan Basketball Federation ,
160-629: The common units representing limited partner interests in PBF Logistics. PBF was formed in 2008 as a joint venture by Petroplus Holdings and the private equity companies Blackstone Group and First Reserve (the PBF in PBF Energy stands for Petroplus, Blackstone, and First Reserve), each committing $ 667 million in equity. In September 2010, Petroplus announced plans to sell its 32.62 percent stake to its partners for $ 91 million as PBF acquired
176-478: The concept in another series of articles, again in the Oil & Gas Journal (Sept. 13, p. 81; Sept. 20, p. 202; and Sept. 27, p. 83). NCI = ∑ i = 1 N F i ⋅ C i C CDU {\displaystyle {\text{NCI}}=\sum _{i=1}^{N}F_{i}\cdot {\frac {C_{i}}{C_{\text{CDU}}}}} Where: The NCI assigns
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#1732773070440192-873: The fourth largest independent refiner in North America. PBF's refineries in Paulsboro (NJ) and Delaware City (DE) have been cited by environmentalists for processing crude oil from the Amazon River Basin in South America. In 2015, the Delaware City and Paulsboro refineries were processing more than 3,300 and 2,666 barrels per day of crude originating in the Amazon, respectively. The company had 3,165 employees as of 2017 with annual revenue of $ 21,787 million. In June 2019, PBF agreed to purchase Shell's Martinez, California oil refinery. The sale
208-693: The governing body of basketball in Paraguay Philippine Bowling Federation , a duly-accredited governing body of Tenpin Bowling in the Philippines Other [ edit ] Bolsa Floresta (PBF), a program to encourage conservation of forests through sustainable use Grider Field (IATA code: PBF), a public airport five miles southeast of Pine Bluff, in Jefferson County, Arkansas PbF ,
224-572: The primary distillation capacity. The index provides an easy metric for quantifying and ranking the complexity of various refineries and units. To calculate the index, it is necessary to use complexity factors, which compare the cost of upgrading units to the cost of crude distillation unit. It was developed by Wilbur L. Nelson in a series of articles that appeared in the Oil & Gas Journal from 1960 to 1961 (Mar. 14, p. 189; Sept. 26, p. 216; and June 19, p. 109). In 1976, he elaborated on
240-501: The site located just ten minutes from downtown New Orleans. In July 2016, PBF acquired the 155,000 BPD ExxonMobil refinery in Torrance, California for $ 537.5M. The acquisition included ownership interests in several crude gathering and transportation pipelines, product pipelines, products terminals and crude and products storage facilities, and increased PBF's total throughput capacity to approximately 900,000 barrels per day, making it
256-399: Was finalized Feb. 1, 2020. As of October 2023, PBF owns and operates six oil refineries, with a combined processing capacity (known as throughput) of approximately 1,000,000 bpd and a weighted average Nelson Complexity Index of 13.2. Nelson complexity index The Nelson complexity index (NCI) is a measure to compare the secondary conversion capacity of a petroleum refinery with
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