ExxonMobil announces US$2 billion chemical expansion project
ExxonMobil has announces that it will invest US$2 billion in the expansion of its Baytown facility, the largest integrated petrochemical complex in the US.
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Total, ExxonMobil and Oil Search have signed the agreement with Papua New Guinea, defining the fiscal framework for the Papua LNG Project.
ExxonMobil is expanding the Singapore complex’s ability to upgrade product slate to higher-value lube base stocks and distillates.
The go-ahead for Golden Pass LNG comes as Anadarko and its partners in Mozambique LNG (Area 1) took a major step towards FID after signing sales and purchase agreements with CNOOC, Tokyo Gas-Centrica and Shell.
The new units of this expansion project will be integrated into the existing facilities at the refinery.
Crude-processing capacity to increase by more than 65%.
Objective is to combine technologies into a single, integrated biodiesel production process.
Around 140 planned and announced plants are scheduled to come online during the forecast period.
Matrix Service Inc. has serviced the refinery for 16 years.
ExxonMobil subsidiary sells oil terminals, refinery and pipelines to Algerian company.
