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US Deep Freeze Hits Texas and Dakota Oil Industry

REFINING

Severe winter weather has hit parts of the US oil industry and refining sector.

  • It shut TotalEnergies', 238,000 bpd refinery in Port Arthur, Texas Tuesday according to Reuters.
  • The refiner was examining units after a plantwide power outage on Tuesday.
  • Exxon Mobil returned an FCC and a coker at its 564,440-bpd Baytown, Texas, to normal operation after a malfunction triggered when severe cold crossed the area on Monday night according to Reuters.
  • Flint Hills Resources said its 343,000-bpd refinery in Corpus Christi, Texas was significantly impacted by the cold this week.
  • North Dakota's oil production has fallen between 600,000 and 650,000 bpd due to the cold according to the North Dakota Pipeline Authority.

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