Reuters announces that Exxon is preparing to launch expansion of $2 billion Texas oil refinery

energy

Jan 13, 2023 at 6:38 p.m. 1 minute

Reuters exclusively reported that Exxon Mobil Corp will ramp up gasoline and diesel production at its Beaumont, Texas refinery and complete a $2 billion expansion first considered nine years ago. The first on-line crude oil distillation unit at the refinery is expected to be 369,000 bpd by Jan. 31, making the Beaumont refinery the second largest in the United States.

article tags

Topics of interest: energy

Type: Reuters best

Sectors: corporate finance

Regions: North America

Countries: US

Types of prizes: exclusivity

Story Types: Exclusive / Scoop

Media Types: text

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