Exxon plans to invest $20 billion in US Gulf Coast refining projects over the next 5 years (XOM)

(Reuters) - Exxon Mobil Corp, the world's largest publicly traded oil producer, said on Monday it would invest $20 billion through 2022 to expand its chemical and oil refining plants on the U.S. Gulf Coast.
The investments at 11 sites should create 35,000 temporary construction jobs and 12,000 permanent jobs, Chief Executive Darren Woods said in a speech at CERAWeek, the world's largest gathering of energy executives.
Woods ran Exxon's refining division before becoming CEO two months ago and the