refinery

Texas Refinery Restarts Could Take Until April

The restart of Shell’s Deer Park refinery in Texas could take until April, Reuters has reported, citing unnamed sources familiar with the issue.

A spokesman for the company told Reuters no timeline has been set for the refinery’s return to normal operation.

Shell shut down the two crude processing units at the 318,000-bpd refinery in the middle of this month, before the cold spell that hit Texas’ energy industry and shut down several other refineries as well, because of a pump seal malfunction.

Then the Arctic blast hit, and the supermajor shut down the rest of the refinery’s operations. The cold wave shut down more than 6 million bpd in refining capacity in the Lone Star state, according to calculations from IHS Markit. It also took down 4 million barrels in daily oil production capacity.

Exxon is also taking its time in restarting two units at its Baytown refinery, according to a Reuters report citing unnamed sources from the company.

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Source: Oil Price

Photo: File

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