Gulf Coast refineries and oil production facilities are quickly recovering from Hurricane Francine, with minimal damage reported and operations resuming.
Refineries that had to dial down operations ahead of Hurricane Francine ’s landfall are starting to reopen, with significant damages unlikely, according to a Reuters report. Exxon , which had cut operation rates at its Baton Rouge refinery to just a fifth of capacity, had now brought the refinery back online. “Our Baton Rouge area facilities are operating as normal. We continue to meet customer commitments,” a spokeswoman for the company told Reuters.
The refinery is the fourth-largest in the country. Gulf of Mexico field operators are also preparing to restart shut in platforms. The shut-ins affected over 700,000 bpd in production capacity, which represented more than 40% of total capacity. Oil ports were also closed because of the hurricane and are now reopening. The largest one, Port of Corpus Christi, lifted restrictions on Thursday, Reuters reported, as did the ports in Freeport Houston, and Sabine.
Gulf Coast Refineries Oil Production Exxon Shell Marathon Petroleum Port Of Corpus Christi Oil Prices Hurricane Season
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