Service & Supply
Continental, PBF Ink Bakken Crude Supply Deal
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PBF Energy Inc. has reported the signing of an agreement with Continental Resources Inc. to supply PBF with Bakken crude oil, which will be delivered by rail to PBF’s double-loop track at its refinery in Delaware City, DE.
Commenting on the transaction, Don Lucey, PBF’s Chief Commercial Officer, said, "We are pleased to be working directly with Continental Resources, a leader in domestic crude oil production and a major producer and supplier in the Bakken play. We look forward to growing our relationship with them."
Continental Resources is the largest producer and leaseholder in the Bakken, with significant supply arrangements with refiners on the West Coast, the Gulf Coast, and now the East Coast. Continental Resources President and Chief Operating Officer, Rick Bott, added, "This…
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