Oil / Gas Refining / Marketing
Exxon Mobil Corp Says L.A. CDU Shutdown To Affect Output-Reuters
Reuters reported that Exxon Mobil Corp said it has shut down the sole crude distillation unit at its 149,500 barrel per day (bpd) Los Angeles-area refinery in Torrance, California, a move that would affect refinery output. Exxon said the crude unit was shut by June 19, 2013.
AOC Holdings Inc to Merge with Subsidiary and to Change Company Name
AOC Holdings Inc announced that it will merge with a wholly owned subsidiary Fuji oil company, Ltd., which has been engaged in refinery, storage, trading, import and export of oil in Tokyo, effective October 1, 2013. As a result, the Company will be the surviving company and the subsidiary will be dissolved. The Company will also change its name to Fuji Oil Company, Ltd., effective October 1, 2013.
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