December 02, 2020
ExxonMobil has signed an agreement with Global Clean Energy Holdings to purchase 2.5 million barrels of renewable diesel per year for five years from a converted California refinery starting in 2022. The renewable diesel will be sourced from a refinery acquired by Global Clean Energy in Bakersfield, California, which is being re-purposed to produce renewable […]
The Alon Bakersfield Refinery, which dates back to 1932, has been sold to a subsidiary of Global Clean Energy Holdings, Inc. (OTC: GCEH), based in Torrance, California, U.S.A. The total cash consideration paid to Delek US Holdings, which owns Alon, was USD40 million. GCEH said the Alon Bakersfield Refinery will be repurposed to become a […]
