U.S. Refiners Eye $1.3 Billion in Third-Quarter Developments

June 30, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--The summer driving season is well underway, and refineries across the U.S. are expanding and tuning up their facilities amid the usual demand surge. Industrial Info is tracking more than $1.3 billion worth of capital and maintenance-related projects at refineries across the U.S. that are set to kick off in the third quarter, with upgrades accounting for the bulk of capital-spending projects. While Exxon Mobil isn't even in the top five companies for total investment in third-quarter kickoffs, but it accounts for the single highest-valued project. Other companies featured: Marathon Petroleum Corporation and Ergon Incorporated.