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PBF Energy to acquire ExxonMobil’s Torrance refinery in California for $537.5m

PBF Energy has signed an agreement to acquire ExxonMobil’s refinery and related logistics assets in Torrance, California, US, for $537.5m.

UPDATE 1-PBF Energy buys Torrance refinery in bid for national footprint

Sept 30 (Reuters) - PBF Energy Inc agreed to buy Exxon Mobil Corp's refinery in Torrance, California, for $537.5 million, completing Executive Chairman Tom O'Malley's vision to have PBF plants coast to coast.

UPDATE 2-U.S. court issues injunction against fracking rules for public lands

WASHINGTON, Sept 30 (Reuters) - A federal judge in Wyoming granted a preliminary injunction on Wednesday against new regulations for hydraulic fracturing on public lands, handing a victory to oil and gas producers who had vehemently opposed the rules.

Senators seek more Democrats to repeal U.S. oil export ban

WASHINGTON, Sept 30 (Reuters) - Lawmakers who want to ditch the 40-year-old U.S. ban on exporting oil will likely enjoy a victory on Thursday in the Senate banking committee - but they are struggling to garner enough Democratic support to pass the bill in the full chamber.

Australia shares seen higher on commodity bounce

Wellington, Oct 1 (Reuters) - Australian shares are poised for a positive start on Thursday, tracking a rise on Wall Street, with the heavyweight natural resources sector likely to underpin gains on stronger commodity prices. Global miner BHP Billiton is expected to open around 1.4 percent higher after a gain in its U.S. ADRs. The share price index futures rose 0.1 percent overnight, a 9.6-point discount to the underlying S&P/ASX 200 index close on Wednesday.

SAFT ON WEALTH-Carney, global warming and deep risk: James Saft

Sept 30 (Reuters) - Global warming is a source of unprecedented deep risk for investors, with no easy answers.

PBF Energy to buy Exxon Mobil's Torrance refinery

Sept 30 (Reuters) - PBF Energy Inc said it would buy Exxon Mobil Corp's refinery in Torrance, California and restore it to full working order before the deal closes in the second quarter of 2016.

UPDATE 2-Mexico gets stronger demand in second oil auction, Eni among winners

MEXICO CITY, Sept 30 (Reuters) - Mexico awarded three out of five offshore production-sharing contracts on Wednesday in the second phase of its historic oil sector opening, comfortably beating the disappointing results of the first phase and giving a boost to the peso.

UPDATE 2-Trafigura founder, commodity trade giant Claude Dauphin dies

LONDON, Sept 30 (Reuters) - Claude Dauphin, the powerful and influential oil and metals trader who built Trafigura into one of the world's biggest commodity players, died on Wednesday after a battle with cancer. He was 64.

UPDATE 1-Brazil ethanol mills benefit from Petrobras gasoline price hike

SAO PAULO, Sept 30 (Reuters) - Brazilian ethanol producers will benefit in the medium term from this week's decision by state-run oil company Petrobras to raise gasoline prices, which will boost demand for the biofuel and allow mills to increase margins, experts said on Wednesday.

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