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Wednesday, February 1, 2023

Exclusive-Exxon prepares to start up $1.2 billion Texas oil refinery expansion

Initial startup of a 250,000 barrels per day (bpd) crude distillation unit (CDU) at the 369,000 bpd refinery is expected by Jan. 31, the sources said, making the Beaumont refinery the second largest in the United States.

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It is the first major expansion to U.S. oil processing in nearly a decade, adding the equivalent of a mid-sized refinery, and coming online as scheduled at a time when U.S. President Joe Biden has been urging refiners to produce more fuels, or face penalties.

(Reporting by Erwin Seba; Editing by Marguerita Choy)

By Erwin Seba



story by The Texas Tribune Source link

Initial startup of a 250,000 barrels per day (bpd) crude distillation unit (CDU) at the 369,000 bpd refinery is expected by Jan. 31, the sources said, making the Beaumont refinery the second largest in the United States.

It is the first major expansion to U.S. oil processing in nearly a decade, adding the equivalent of a mid-sized refinery, and coming online as scheduled at a time when U.S. President Joe Biden has been urging refiners to produce more fuels, or face penalties.

(Reporting by Erwin Seba; Editing by Marguerita Choy)

By Erwin Seba



story by The Texas Tribune Source link

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