NEW YORK (Reuters) - Exxon Mobil Corp's planned sale of its Los Angeles-area oil refinery has been delayed until early next year at the earliest following a severe fire in February, four people familiar with the transaction said.

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BING NEWS:
  • Economists like Newsom’s plan to help control gas prices. Refiners don’t. What this means for California drivers
    The governor wants new gas reserves to dampen seasonal price spikes. Refiners say the move would raise prices and require new storage tanks.
    09/27/2024 - 9:00 am | View Link
  • Economists Like Newsom’s Plan to Help Control Gas Prices. Refiners Don’t.
    Refiners argue that building up a reserve during the summer months, when demand is high and fuel is more challenging to blend, could lead to higher prices. They have also said that they lack tankage ...
    09/27/2024 - 3:05 am | View Link
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    Reuters.com is your online source for the latest news stories and current events, ensuring our readers up to date with any breaking news developments ...
    09/25/2024 - 2:27 am | View Link
  • Is plastic recycling beyond fixing? Here’s why California thinks so.
    In suing Exxon, California is taking on the world’s largest producer of resins used for single-use plastics, according to a report published last year by the Minderoo Foundation. It is also ...
    09/24/2024 - 10:10 am | View Link
  • California sues oil giant Exxon over plastic recycling 'myth'
    California said Monday it was suing oil giant ExxonMobil over a "decades-long campaign of deception" about plastics recycling that has worsened a global pollution crisis."For decades, ExxonMobil has ...
    09/23/2024 - 7:12 am | View Link
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