PRM prominence energy limited
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power is back

  1. p1234
    96 Posts.
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    06/09/21
    01:47
    Post #: 55849327

    HOUSTON, Sept 3 (Reuters) - Two of Louisiana's largest refineries began efforts to make gasoline and other fuels on Friday when power was restored five days after Hurricane Ida knocked out much of the state's oil processing.

    Marathon Petroleum Corp on Friday said its 578,000 barrel-per-day (bpd) Garyville, Louisiana, refinery, the state's largest, was in the initial stages of restarting.

    It followed Exxon Mobil Corp's resumption of operations at its 520,000-bpd Baton Rouge refinery. The U.S. Department of Energy offered Exxon and Placid Refining Company a combined 1.8 million barrels of crude oil from the U.S. Strategic Petroleum Reserve (SPR) to replenish stocks.

    Entergy Corp restored power to about a quarter of affected customers, it said on Friday, laying out a schedule to provide power to major Louisiana cities by Tuesday.


    https://www.reuters.com/world/us/louisiana-refineries-begin-coming-back-life-after-ida-2021-09-03/
    PRM Price at posting: 1.2¢ Sentiment: None Disclosure: Held
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