A Texas company is set to build a $5.6 billion “next generation” refinery in Cushing, Oklahoma that will be one the country’s largest, processing 250,000 barrels of light crude daily.
Southern Rock Energy Partners revealed last week that it has selected Cushing as the site for a full-scale conversion refinery that will feature several green energy features — use of solar power and recycled water and a 90% reduction in emissions associated with existing refineries.
The project comes with a $5.56 billion capital investment and will create at least 423 full-time jobs.
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