Exxon plans to spend $10B on refining business to boost margins, CEO says
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ExxonMobil (XOM) plans to spend more than $100B through 2030 to boost global energy supplies, including ~10% focused on its refining business, particularly at its existing facilities, including the Baton Rouge, Louisiana, and Beaumont, Texas, refineries, to improve production yields and raise refined product margins, CEO Darren Woods said Friday.
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