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Exxon Mobil threatens to walk away from agreement with troubled refinery project - The Bakersfield Californian

New complications hit the Rosedale Highway refinery conversion project as partner Exxon Mobil Corp. said this week it will walk away from its 2019 agreement to buy all the renewable diesel produced at the facility if it’s not operational by the end of June.

The oil major’s threat in a filing Thursday with the U.S. Securities and Exchange Commission, combined with a demand to see the plant owner’s private records because of suspected “misconduct and mismanagement,” has come as the project races toward planned completion by the end of this month.

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2023-03-04 04:15:00Z
CBMiowFodHRwczovL3d3dy5iYWtlcnNmaWVsZC5jb20vbmV3cy9leHhvbi1tb2JpbC10aHJlYXRlbnMtdG8td2Fsay1hd2F5LWZyb20tYWdyZWVtZW50LXdpdGgtdHJvdWJsZWQtcmVmaW5lcnktcHJvamVjdC9hcnRpY2xlXzIwMTE0YzRlLWJhMzAtMTFlZC04YmQ4LThiMjc1OTVmNjI0Ny5odG1s0gGnAWh0dHBzOi8vd3d3LmJha2Vyc2ZpZWxkLmNvbS9uZXdzL2V4eG9uLW1vYmlsLXRocmVhdGVucy10by13YWxrLWF3YXktZnJvbS1hZ3JlZW1lbnQtd2l0aC10cm91YmxlZC1yZWZpbmVyeS1wcm9qZWN0L2FydGljbGVfMjAxMTRjNGUtYmEzMC0xMWVkLThiZDgtOGIyNzU5NWY2MjQ3LmFtcC5odG1s

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