Chevron's global refining system manufactures fuels and other products sold by Chevron's marketing, lubricants, and supply and trading organizations. We market these products under three brands: Chevron®, Texaco® and Caltex™.
Including our share of affiliates, Chevron can process more than 2 million barrels of crude oil per day.
Six refineries make up more than 75 percent of the company's total fuel refining capacity. Five of these core refineries—in Singapore, Thailand, South Korea, and Richmond and El Segundo, California—manufacture products for countries in the Pacific Basin. The sixth refinery, in Pascagoula, Miss., supplies countries primarily in the Atlantic Basin. Many of these refineries are capable of processing heavy crude oils and producing a variety of high-value products such as transportation fuels.
Operating safely, reliably and with a commitment to protecting the environment remains among our top priorities. Toward that end, we have implemented the Loss Prevention System throughout our Chevron wholly operated facilities. This Operational Excellence tool is a behavior-based safety system designed to help strengthen our culture of injury-free and incident-free operations while providing a base for strong, competitive performance.
Several of our refineries recently have undergone major upgrades.
In 2010, Chevron's 50 percent-owned GS Caltex affiliate continued work on projects at its refinery in Yeosu, South Korea, to improve the refinery's ability to process lower-cost, heavier feedstocks. The project reached full capacity in the third quarter of 2010. With the same goal in mind, the company announced plans to build a 53,000-barrel-per-day heavy oil fluid catalytic cracking unit at the refinery. It is the refinery's fourth unit of the kind. Operations are scheduled to begin in 2013.
Also in 2010, construction began on modifications to the 64 percent-owned Map Ta Phut Refinery in Thailand to meet regional specifications for cleaner gasoline and diesel fuels. Project completion is scheduled for 2012.
At our refinery in El Segundo, we continue to invest in projects that improve reliability and process flexibility. In late 2010, construction began on modifications to further improve the refinery's sulfur-handling capacity. The project is expected to be completed in 2012.
At our Pascagoula refinery, we started up a continuous catalytic reformer in the fourth quarter of 2010. These enhancements will improve equipment reliability.
Updated: March 2011