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Free AccessExxon's New CDU at Beaumont May Start Operations this Weekend
Exxon Mobil is attempting to start the new crude distillation unit (CDU) at its 369,024 bpd Beaumont, Texas, refinery, according to Reuters sources.
- First oil could enter the new 250,000-bpd CDU C over the weekend in the initial startup of the unit, which will increase the refinery's capacity by 68% once it is in full operation.
- Exxon is also repairing a 100,000-bpd vacuum distillation unit (VDU) attached to the 180,000-bpd CDU B at the refinery.
- CDU C is aiming for full production by late Q1.
- If production beats its nameplate capacity, it will be the largest refinery in the US.
- Increased US Gulf refining capacity will serve as a diesel source for Europe over the longer term now that Russian imports are banned.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.