ExxonMobil and Plains All American gave the greenlight to another major pipeline in the Permian basin, which would move 1 million barrels per day (mb/d) from West Texas to the Gulf Coast. The project, in partnership with Lotus Midstream, is another indication of the rising upstream production from the Permian. But the pipeline also came after Exxon gave a separate final investment decision on another project. On Tuesday, the oil major said it was moving forward on a near-doubling of its Beaumont, Texas refinery, adding a 250,000-bpd crude unit…
