ExxonMobil Readies for Gulf Coast Startups

SUGAR LAND--May 2, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--Exxon Mobil Corporation (NYSE:XOM) (Irving, Texas) is preparing to begin operations this year on key chemical, production and refining projects on the U.S. Gulf Coast and in the Gulf of Mexico, as its outlook has improved from favorable commodity prices and improved refining operations. The Oil & Gas giant recently completed its acquisition of global developer InterOil Corporation and companies with properties in the Permian Basin. Industrial Info is tracking nearly $41 billion in active projects involving ExxonMobil, including more than $14 billion that are expected to be completed this year. Within this article: Details on ExxonMobil projects expected to begin production this year, including the Baytown and Mont Belvieu facilities on the U.S. Gulf Coast and a deepwater drilling project in the Gulf of Mexico, and properties acquired with InterOil Corporation.