Exxon Mobil Corp has put on hold a possible project to double the size of the company’s 344,500 barrel per day Beaumont, Texas, refinery due to cuts in capital spending because of falling oil prices, said sources familiar with the company’s plans. Exxon declined to discuss its plans for the Beaumont refinery. “As a matter of practice, we do not comment or speculate on potential projects we may, or may not, be considering,” Exxon spokesman Todd Spitler said on Thursday. Since 2014, Exxon has been considering the addition of a third crude distillation unit that would increase the refinery’s crude throughput capacity to between 700,000 and 850,000 bpd, making it the largest in the United States, by 2020. In July, Exxon had pulled together a group of experts at its Beaumont […]