O'Malley says he will buy Valero's Delaware refinery

摘要

Veteran oilman Tom O'Malley says that Valero's shuttered Delaware City, Del., refinery and terminal will soon be his - and he'll pay less than what Valero paid him for the plant when he first sold it to the San Antonio refiner in 2005.rnO'Malley is chairman of European refiner Petroplus, which in turn is a partner in PBF Investments. The other partners in that firm are private equity groups Blackstone and First Reserve.