Chevron Expands Pasadena Refinery Capacity, Boosting Gulf Coast Supply [Yahoo! Finance]
Chevron Corporation (CVX)
Last chevron corporation earnings: 5/1 06:45 am
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Source: Yahoo! Finance
This project is poised to elevate the refinery's processing capacity and product flexibility, particularly in handling lighter crude oils. With an increased capacity of nearly 15%, the refinery can now process up to 125,000 barrels per day, marking a key milestone in Chevron's ongoing efforts to enhance its refining operations on the U.S. Gulf Coast. The integrated oil and gas company's acquisition of the Pasadena Refinery in 2019 was an important decision, aimed at strengthening its foothold in the Gulf Coast refining sector. This retrofit is designed not only to increase capacity but also to enable the processing of more Permian Basin crude oil, which is critical for CVX's North America's operations. By improving its refining capabilities in Pasadena, CVX aims to meet the growing demand for petroleum products in the U.S. Gulf Coast region while also supporting its global supply chains. This initiative indicates the company's strategic focus on optimizing its upstream and downstr
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CVX
Earnings
- 11/1/24 - Beat
CVX
Sec Filings
- 12/19/24 - Form 4
- 12/19/24 - Form 4
- 12/19/24 - Form 4
- CVX's page on the SEC website