delek us holdings inc (DK) Key Developments
Delek In Talks To Acquire Alon Israel
Mar 31 15
Delek US Holdings, Inc. (NYSE:DK) is in talks to acquire Alon Israel Oil Company Ltd. Financial terms were not mentioned by either Alon USA of Delek in their regulatory filings disclosing the merger talks. Keith Johnson, Delek spokesman said that company had no comment beyond its regulatory filing. According to Reuters, Alon Israel was not immediately available for comment.
Delek US Holdings, Inc. Presents at 43rd Annual Scotia Howard Weil Energy Conference, Mar-25-2015
Mar 23 15
Delek US Holdings, Inc. Presents at 43rd Annual Scotia Howard Weil Energy Conference, Mar-25-2015 . Venue: Roosevelt New Orleans Hotel, 130 Roosevelt Way, New Orleans, Louisiana, United States. Speakers: Ezra Uzi Yemin, Chairman, Chief Executive Officer and President.
Delek US Holdings, Inc. Announces to Become the Rio Pipeline’S Anchor Shipper
Mar 20 15
Rangeland Energy announced that the company has executed a long-term agreement with a subsidiary of Delek US Holdings, Inc. to be an anchor shipper of crude oil on the Rangeland Integrated Oil Pipeline, which will connect production from the Delaware Basin to the crude oil market center in Midland, Texas. Delek Logistics Partners LP, Delek US’ logistics arm, will own 33% of the RIO Pipeline and supporting terminals. Construction of the 107-mile pipeline is expected to begin in the second quarter of this year. Rangeland will also construct a terminal at each end of the pipeline. The pipeline will originate at the RIO State Line Terminal, which will serve as a crude oil gathering hub at the Texas-New Mexico border with storage tanks and truck unloading facilities. The pipeline will terminate at the RIO Midland Terminal, where there will be storage tanks and connections to various terminals and interstate pipelines to Cushing and Gulf Coast markets. Rangeland expects the pipeline and the two terminals to come into service in the first half of 2016. The RIO Pipeline will have an initial capacity of 55,000 barrels per day and an expanded capacity of 85,000 barrels per day or more, depending on the number of additional pump stations ultimately constructed. The RIO Pipeline is part of the RIO System, a multipart system designed to provide crude oil producers, refiners and marketers with pipeline, rail and other logistics services to support regional production and downstream transportation of crude oil and condensate. The system’s rail facility is known as the RIO Hub and is located near Loving, New Mexico. The RIO Hub began operations in November 2014 and provides Halliburton and other customers with inbound frac sand services including unloading, storage and truck loading. As demand increases, the RIO Hub will also offer storage, loading and outbound rail service for crude oil. Ultimately, an additional 30-mile pipeline will connect the RIO Hub to the State Line Terminal.
Delek US Holdings, Inc. Presents at Bank of America Merrill Lynch 2015 Refinery Conference, Mar-05-2015
Feb 23 15
Delek US Holdings, Inc. Presents at Bank of America Merrill Lynch 2015 Refinery Conference, Mar-05-2015 . Venue: One Bryant Park, New York, United States.
Delek US Holdings, Inc. Presents at Raymond James & Associates 36th Annual Institutional Investors Conference, Mar-03-2015
Feb 23 15
Delek US Holdings, Inc. Presents at Raymond James & Associates 36th Annual Institutional Investors Conference, Mar-03-2015 . Venue: JW Marriott Grande Lakes, 4040 Central Florida Parkway, Orlando, FL 32837, United States.