Three refinery projects in Texas by ExxonMobil, Marathon and Valero are expected to boost U.S. refinery capacity in the next annual report by U.S. Energy Information Administration.
ExxonMobil announced in March the completion of a major refinery capacity addition in Beaumont to boost that facility’s total crude oil distillation capacity by 250,000 barrels per day to 630,000 b/d. It is supported by the company’s growing crude oil production in the Permian Basin and is the largest refinery expansion in U.S. since 2012. The $2 billion project started in 2019. An exact measure in calendar day capacity and stream day capacity will be included in next year’s Refinery Capacity Report.
Other recent projects include a smaller crude oil expansion at Marathon’s Galveston Bay refinery and a coker expansion project at Valero’s Port Arthur refinery.