PBF Energy inks deal for California refinery, logistics assets

PBF Holding Co. LLC, a subsidiary of PBF Energy Inc., Parsippany, NJ, has entered an agreement to buy ExxonMobil Corp.’s 155,000-b/d refinery in Torrance, Calif., which has been shuttered since early this year following an explosion and ensuing fire that struck the plant in February.

Source: News