PBF takes over Los Angeles-area Exxon refinery after setbacks
July 01, 2016 at 19:11 PM EDT
HOUSTON, July 1 (Reuters) - U.S. refiner PBF Energy took ownership on Friday of a Los Angeles-area refinery purchased from Exxon Mobil Corp for $537.5 million, clearing the way for it to focus on further North American acquisitions.