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PBF Energy Plans Staged Restart of Fire-Damaged Martinez Refinery
PBFPBF Energy(PBF) ZACKS·2025-03-10 13:40

PBF Energy Inc. (PBF) has announced plans to repair and restart its 157,000 barrel-per-day Martinez refinery in California, which was damaged by a fire on Feb. 1. The restart will take place in two stages, with key units, including the crude unit, expected to resume operations in second-quarter 2025. The refinery will initially operate at a reduced throughput of 85,000 to 105,000 barrels per day, producing limited gasoline, jet fuel and intermediates.The second stage of the restart will focus on units that ...