Thread regarding ExxonMobil Corp. layoffs

Exxon Beaumont, Texas refinery output passes other Exxon refineries -sources

By Erwin Seba

https://www.reuters.com/business/energy/exxon-beaumont-texas-refinery-output-passes-other-exxon-refineries-sources-2023-03-14/

March 14 (Reuters) - Production at Exxon Mobil Corp’s (XOM.N) Beaumont, Texas, refinery has surpassed that of other company refineries as a new crude distillation unit (CDU) continues its first startup, sources familiar with plant operations said on Tuesday.

Production on the new CDU C has increased to at least 192,000 barrels per day (bpd), pushing the Beaumont refinery’s total crude oil throughput beyond that of Exxon’s Baytown, Texas, refinery, which has a capacity of 560,500 bpd, up until now the company’s largest, according to the sources.

Exxon plans for CDU C to reach its full 250,000-bpd capacity by the end of March, the company has said.

"We’re pleased to share that even as we ramp up production toward full capacity, we will begin producing diesel fuel and other transportation fuels that meet required specifications," said company spokesperson Chevalier Gray. "Those products will be sold to customers, increasing supply to the market during a time when demand is high."

Prior to the CDU C's startup, the refinery’s capacity was 369,024 bpd, according to the U.S. Energy Information Administration. At full capacity, the new crude unit will increase the Beaumont refinery's production by 68%.

by
| 1223 views | | 3 replies (last ) | Reply
Post ID: @OP+1lFAwDiP

3 replies (most recent on top)

Anyone who thinks the oil and gas industry is going away anytime soon is a fool. We are likely to burn every drop of oil and scf of gas we can find.

by
| | Reply
Post ID: @srg+1lFAwDiP

People are going to hang in to the dinosaur burners for a long time since most EV options right now are luxury vehicles most people can't afford. You're not getting rid of long haul diesel powered trucks, jet fueled powered airliners, lubes, or the plastics inside EVs. There will be some conversion, but Exxon's refireneries (looking at you BR) will still have products to sell for quite some time.

by
| | Reply
Post ID: @okg+1lFAwDiP

Of course because gasoline powered vehicles are the future

by
| | Reply
Post ID: @qyf+1lFAwDiP

Post a reply

: