ExxonMobil to Expand U.S. Domestic Crude Processing Capacity at Beaumont Refinery
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ExxonMobil (XOM) Plans Expansion of Beaumont Refinery
August 4, 2015 8:03 AM EDTExxonMobil (NYSE: XOM) will add flexibility to process light crudes at its Beaumont refinery, increasing production capacity by approximately 20,000 barrels per day. This expansion will further strengthen ExxonMobils integrated downstream portfolio in Southeast Texas.
This project will grow our capacity and flexibility to process light crude oils, said Jerry Wascom, president of ExxonMobil Refining and Supply Company. Building on the recent increases in domestic oil and gas production, this investment further strengthens the competitiveness of the companys strategic assets... More
