March 16, 2023 10:17 GMT
Exxon Confirms Beaumont Refinery Expansion Now Online
REFINING
ExxonMobil has officially announced the startup of its Beaumont refinery expansion project, which adds 250,000 bpd capacity to the US Gulf Coast.
- We reported on its restart on March 1 based on market sources information.
- The added volume in Beaumont increases its total processing capacity to more than 630,000 bpd, making it one of the largest refineries in the United States.
- The refinery processes Permian crude into finished products including gasoline, diesel and jet.
- Gulf refiners are expected to step in to help fill the gap in Europe left by the Russian oil product import ban.
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