Chevron Upgrades Pasadena Refinery to Increase Capacity, Feedstock and Product Flexibility [Yahoo! Finance]
Chevron Corporation (CVX)
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Source: Yahoo! Finance
The upgrade will allow the company to process more crude from the Permian Basin, supply more products to US Gulf Coast customers, and produce jet fuel and export gas oil. The project aims to enhance facility reliability and safety, and is expected to have a positive economic impact on the community. Facility increases equity Permian crude processing capacity, bolstering American energy value chain PASADENA, Texas, December 10, 2024 BUSINESS WIRE )--Chevron U.S.A., Inc. (CUSA), a wholly owned subsidiary of Chevron Corporation (NYSE: CVX), has completed a retrofit of its refinery in Pasadena, Texas, which is expected to increase product flexibility and expand the processing capacity of lighter crudes by nearly 15 percent to 125,000 barrels per day. Chevron acquired the Pasadena Refinery in 2019 with the strategic intent to expand its Gulf Coast refining system. This project is expected to allow the company to process more equity crude from the Permian Basin, supply more products t
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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