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

By Erwin Seba (Reuters) - Exxon Mobil Corp (NYSE:XOM) in coming days will sharply boost gasoline and diesel production at its Beaumont, Texas, refinery, people familiar with the...
Exclusive-Exxon prepares to start up $1.2 billion Texas oil refinery expansion - sources © Reuters. FILE PHOTO: A general view of a new crude distillation unit under construction at Exxon Mobil's refinery in Beaumont, Texas, U.S., November 23, 2022. REUTERS/Erwin Seba
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By Erwin Seba

(Reuters) - Exxon Mobil Corp (NYSE:XOM) in coming days will sharply boost gasoline and diesel production at its Beaumont, Texas, refinery, people familiar with the matter said, completing a $1.2 billion expansion first considered nine years ago.

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.

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02-06-2023 11:48:02 (UTC+7)

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USD/CAD

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    EUR/USD 1.0764 ↑ Sell  
    GBP/USD 1.2530 ↑ Sell  
    USD/JPY 138.87 ↑ Buy  
    AUD/USD 0.6606 ↑ Sell  
    USD/CAD 1.3434 Neutral  
    EUR/JPY 149.47 Neutral  
    EUR/CHF 0.9740 ↑ Sell  
    Gold 1,997.65 ↑ Buy  
    Silver 24.032 ↑ Sell  
    Copper 3.7300 ↑ Sell  
    Crude Oil WTI 70.47 ↑ Sell  
    Brent Oil 74.68 ↑ Sell  
    Natural Gas 2.170 ↑ Buy  
    US Coffee C 183.95 Sell  
    Euro Stoxx 50 4,257.61 Neutral  
    S&P 500 4,221.02 ↑ Buy  
    DAX 15,853.66 ↑ Buy  
    FTSE 100 7,490.27 ↑ Sell  
    Hang Seng 18,847.00 ↑ Sell  
    Small Cap 2000 1,767.94 ↑ Buy  
    IBEX 35 9,167.50 Sell  
    BASF 44.850 ↑ Buy  
    Bayer 51.90 ↑ Buy  
    Allianz 204.20 ↑ Buy  
    Adidas 150.74 ↑ Buy  
    Lufthansa 9.157 ↑ Sell  
    Siemens AG 156.68 Neutral  
    Deutsche Bank AG 9.578 Neutral  
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SJC Eximbank6,660/ 6,700
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Cập nhật 02-06-2023 11:48:05
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$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.280,0023.650,00
EUR24.613,3825.991,59
GBP28.653,4729.875,26
JPY164,43174,07
KRW15,4818,86
Cập nhật lúc 11:42:27 02/06/2023
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