Tuesday, June 24, 2025
Shell pushes back Deer Park, Texas, refinery restart to March 13: sources- oil and gas 360

Shell pushes back Deer Park, Texas, refinery restart to March 13: sources

Reuters HOUSTON  – Royal Dutch Shell Plc pushed back the restart of its 318,000 barrel-per-day (bpd) joint-venture Deer Park, Texas, refinery to March 13, said sources familiar with plant operations on Monday. Shell spokesman Curtis Smith declined comment. Shell had planned to restart the 270,000-bpd DU-2 crude distillation unit (CDU), the largest at the refinery, by early this week, the

Texas freeze helps rival oil exporters like Saudi Arabia ‘tremendously,’ may influence OPEC decisions- oil and gas 360

Texas freeze helps rival oil exporters like Saudi Arabia ‘tremendously,’ may influence OPEC decisions

CNBC The shock winter storm in Texas that left millions without power and took dozens of lives also froze a major local commodity: the Lone Star State’s oil production, slashing some 4 million barrels per day from U.S. output. The consequence will be a boost in revenue and potentially increased exports among rival oil-producing nations, commodities experts say. Analysts estimate

U.S. crude output falls 10%, refinery runs drop to 2008 low amid Texas freeze - EIA- oil and gas 360

U.S. crude output falls 10%, refinery runs drop to 2008 low amid Texas freeze – EIA

Reuters U.S. crude oil production dropped by more than 1 million barrels per day last week during Texas’s deep freeze, equalling the largest weekly fall ever, and refining runs tumbled to levels not seen since 2008, the Energy Information Administration said on Wednesday. Overall output fell by 1.1 million bpd to 9.7 million bpd in the week to Feb. 19,

U.S. shale producers reveal extent of hit from Texas freeze- oil and gas 360

U.S. shale producers reveal extent of hit from Texas freeze

Reuters Occidental Petroleum Corp, Diamondback Energy Inc and a host of smaller Permian-focused U.S. shale producers on Monday forecast lower oil output in the first quarter, giving the first indications of the hit to the industry caused by last week’s winter storm. Areas of Texas not used to the cold were hit by sub-zero temperatures and record snow falls last