Quarterly report pursuant to Section 13 or 15(d)

PROPERTY, PLANT AND EQUIPMENT (Tables)

v3.24.3
PROPERTY, PLANT AND EQUIPMENT (Tables)
 9 Months Ended
Sep. 30, 2024
Property, Plant and Equipment [Abstract]  
Schedule of Property, Plant and Equipment
Property, plant, and equipment as of September 30, 2024 and December 31, 2023 are as follows:
(in thousands) Depreciable Life As of
September 30, 2024		 As of
December 31, 2023
Office equipment
3 to 5 years
 $ 1,875  $ 776 
Buildings
5 to 30 years
 3,044  2,857 
Refinery and industrial equipment
5 to 30 years
 1,518,044  90,314 
Transportation equipment
3 to 5 years
 759  469 
1,523,722  94,416 
Less accumulated depreciation (12,392) (2,228)
1,511,330  92,188 
Land 7,856  7,856 
Construction in process 3,336  952,991 
Construction period interest —  217,152 
Property, plant and equipment, net $ 1,522,522  $ 1,270,187