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Texas refineries restarting after power loss: Update 3

  • Spanish Market: Crude oil, Oil products
  • 22/02/21

Adds ExxonMobil.

Texas refineries are beginning to restart 2.3mn b/d of refining capacity shut last week after subfreezing temperatures and a power crisis abruptly cut 28pc of US crude processing power.

Motiva was today restarting the single largest US refining complex, its 600,000 b/d refinery in Port Arthur, following a shutdown last week. All Corpus Christi area refineries reported restart work underway this week. ExxonMobil said it was beginning restart work at its 362,000 b/d refinery in Beaumont and 560,500 b/d refinery in Baytown.

The combined 2.3mn b/d of capacity confirmed so far represented 12pc of US crude processing in some stage of restart.

Subfreezing conditions forced electricity and natural gas curtailments that reduced or shut down more than 5.1mn b/d of Texas refining. Conditions affected nearly every refinery in the state, from near the Louisiana border to the western edge in El Paso.

The Electric Reliability Council of Texas (ERCOT), which operates the electrical grid covering most of the state, lifted emergency conditions on 19 February. Natural gas curtailments ordered by the Texas Railroad Commission, the state's main oil and gas regulator, remain in effect until tomorrow. But refiners are signaling that they are able to proceed with restart work at their facilities.

Electrical transmission infrastructure and refineries both appeared to avoid major damage when storms began cutting across the region on 14 February, supporting a faster recovery for energy infrastructure.

Texas refining affected by Feb 2021 stormb/d
OperatorLocationStatusCapacity
Restart underway
MotivaPort ArthurRestart underway603,000
ValeroCorpus ChristiRestart underway293,000
FHRCorpus ChristiRestart underway296,000
CitgoCorpus ChristiRestart underway157,500
ExxonMobilBaytownRestart underway560,500
ExxonMobilBeaumontRestart underway362,000
Disrupted by storm
Marathon PetroleumEl PasoUnits malfunction in severe cold122,000
FHRCorpus ChristiPower and other service interruptions296,000
Phillips 66SweenyStorm affecting operations247,000
DelekBig SpringWinterizing units in severe cold73,000
LyondellBasellHoustonStorm affecting operations268,000
ChevronPasadenaShut down100,000
Marathon PetroleumGalveston BaySteam supply interruption585,000
Shell/PemexDeer ParkShut down, directing power to grid340,000
ValeroHoustonStorm impacts, loss of hydrogen and nitrogen191,000
ValeroPort ArthurFreezing equipment, power loss335,000
ValeroMcKeeFreezing equipment170,000
TotalPort ArthurSteam loss240,000
Phillips 66BorgerHeavy flaring146,000

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