March 17, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--Exxon Mobil Corporation (NYSE:XOM) (Irving, Texas) has begun operations at one of the biggest, most anticipated projects in the ever-growing Oil & Gas Industry along the U.S. Gulf Coast, the energy company said Thursday. The $2 billion expansion of its massive refining complex in Beaumont, Texas, brings the facility's total processing capacity to more than 630,000 barrels per day (BBL/d), making it one of the largest U.S.-based refineries.
Industrial Info is tracking more than $74 billion worth of ExxonMobil projects worldwide, including more than $23 billion worth in the U.S.
The Beaumont refinery processes crude oil from the Permian Basin. The expansion adds about 250,000 BBL/d of crude oil-refining capacity to the Beaumont complex through the installation of a third unit to process additional crude (including light oil), as well as the installation of a kerosene hydrotreater, a 45,000-BBL/d diesel hydrotreater and a benzene-recovery unit.
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