Exxon Mobil prepares major $2B Beaumont refinery expansion for startup

Exxon Mobil Corp. (NYSE: XOM) has completed construction on a major expansion project at its refinery in Beaumont. The project added a third crude distillation unit, which will increase the Beaumont complex's refinery capacity by 250,000 barrels per day, bringing the total to more than 600,000 bpd once the new unit is operational, the oil and gas giant said in a statement. Exxon, which is relocating its corporate headquarters to the Houston area later this year, invested $2 billion in the Beaumont refinery expansion.
Click Here To Get Funded!