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Exxon Mobil to sell troubled Southern California refinery

2015-09-30 23:06:01| Chemicals - Topix.net

" Exxon Mobil is selling its troubled Southern California refinery for $537 million to a New Jersey energy company. The oil giant and PBF Energy Inc. announced Wednesday that the sale of the Torrance plant is expected to close next year.

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Exxon Mobil to Sell Troubled Southern California Refinery

2015-09-30 23:06:00| Chemicals - Topix.net

Exxon Mobil Corp. is selling its troubled Southern California refinery for $537 million to a New Jersey energy company more than six months after an explosion crippled the plant and led to higher gas prices in the Golden State, according to an announcement Wednesday. PBF Energy Inc., one of the largest independent oil refiners in North America, said it will purchase the Torrance plant that can produce 155,000 barrels of oil a day.

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Instagram to sell ads in Russia

2015-09-30 20:36:00| Telecompaper Headlines

(Telecompaper) Instagram has inked a direct advertising sales deal with Aitarget in Russia, reports Prime. Aitarget will become the official reseller of Instagram in the country. Advertising will be published in user columns . Instagram users total 16 million in Russia, with an average annual growth of 25 percent. Around 20 percent of all users are in Moscow and 10 percent in St Petersburg.

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Ecopetrol Receives Average Recommendation of "Sell" from Analysts

2015-09-30 19:05:31| Jewelry - Topix.net

Shares of Ecopetrol have been assigned a consensus rating of "Sell" from the eight research firms that are presently covering the firm, MarketBeat reports . Five investment analysts have rated the stock with a sell rating and three have issued a hold rating on the company.

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myFC intends to sell PowerTrekk assets

2015-09-30 17:27:43| Appliances - Topix.net

The company will focus wholly on the new JAQ product range. JAQ is based on a different technology.

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