Oil and gas giant, Exxon Mobil, is seeking a potential buyer for its refinery located in Billings, Montana, one of only two XOM refineries in the US that is not integrated with its chemical operations. Potential buyers, including PBF Energy, visited the plant this summer, according to a Reuters report, which says the plant also could attract interest from other independent refiners and Canadian oil producers that seek additional processing capacity.
The Billings refinery is considered one of the highest quality plants in the Rocky Mountains.