Chevron and Shell are seeking buyers for refineries they own in North America, Reuters reports. Chevron has put its refinery in Burnaby, British Columbia, up for sale, and Shell is said to be shopping its Martinez, California, site. The sales come as crude oil prices recover while gasoline prices remain low.
ExxonMobil is in the process of selling its Torrance, California, refinery to PBF Energy — an agreement announced last September.
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