Major companies such as ExxonMobil and Chevron Corp. have been reducing their portfolios of non-integrated chemical and production system refineries.
Given current market over-saturation of gasoline, refiners will be looking to find every advantage to expand their margins. Software solutions such as AIS’s UTL and E*Doc can play a key role in cost savings.
The Billings refinery is one of two remaining ExxonMobil refineries that lack adjacent chemical facilities. The company recently sold it’s Torrence, CA refinery to PBF energy, who also recently acquired the Chalmette, LS refinery (formerly jointly owned by ExxonMobil and Petroleos de Venezuela).
Read the original article here