Stories
Slash Boxes
Comments

SoylentNews is people

posted by janrinok on Wednesday March 08 2017, @11:51PM   Printer-friendly
from the oiling-the-wheels dept.

Exxon Mobil plans to expand its operations along the Gulf Coast:

Exxon Mobil Corp, the world's largest publicly traded oil producer, said on Monday it would invest $20 billion through 2022 to expand its chemical and oil refining plants on the U.S. Gulf Coast. The investments at 11 sites should create 35,000 temporary construction jobs and 12,000 permanent jobs, Chief Executive Darren Woods said in a speech at CERAWeek, the world's largest gathering of energy executives.

Some of the expansions began in 2013, but the scope of the project is now growing and the timeline extended, Exxon said. [...] Exxon last month pledged to boost this year's spending by 16 percent to expand operations, especially in shale production, after the company posted a better-than-expected quarterly profit, helped by rising oil prices and lower costs.

Press release. White House statement. Also at The Houston Chronicle and The Hill.


Original Submission

 
This discussion has been archived. No new comments can be posted.
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
  • (Score: -1, Offtopic) by Anonymous Coward on Thursday March 09 2017, @01:22AM

    by Anonymous Coward on Thursday March 09 2017, @01:22AM (#476811)

    None... they're getting their SJW brownie points by ensuring that each refinery has transgender restrooms in sufficient number to accommodate all LGBTI2SD employees.

    Starting Score:    0  points
    Moderation   -1  
       Offtopic=1, Total=1
    Extra 'Offtopic' Modifier   0  

    Total Score:   -1