HomeBusiness NewsExxon sells damaged Southern California refinery to Parsippany company

Exxon sells damaged Southern California refinery to Parsippany company

Oct 1, 2015

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LOS ANGELES — A New Jersey-based oil refining company announced Wednesday that it will acquire a damaged Los Angeles-area Exxon Mobil plant for $537.5 million, after repairs have been completed early next year. The acquisition isn’t expected to have any immediate effect on gasoline prices in the Los Angeles area, where consumers have paid as much…

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