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ExxonMobil to invest US$20b in US Gulf Coast refining projects

The oil giant expects the investments to create 35,000 temporary construction jobs and 12,000 permanent jobs

ExxonMobil is building a manufacturing powerhouse along the Gulf Coast, and these businesses are leveraging the shale revolution to make cleaner fuels and more energy-efficient plastics, says Mr Woods.


EXXONMOBIL Corp, the world's largest publicly traded oil producer, said on Monday it would invest US$20 billion through 2022 to expand its chemical and oil refining plants on the US Gulf Coast.

The investments at 11 sites should create 35,000 temporary construction jobs and...

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