Far from the Texas coast, Hurricane Harvey hits oil refiners
At least 13 of them with a total of 3.27 million barrels a day have delayed repairs for weeks or months
New York
THREE weeks after Hurricane Harvey ravaged the massive fuel-making industry along the Texas coast, the region's recovery from storm damage is starting to disrupt plans for crucial maintenance at refineries thousands of kilometres away from the flood zones.
Harvey knocked out almost one-quarter of US refining capacity in late August, sending petrol and diesel prices soaring. The storm hit a few weeks before most of the nation's fuel makers were set to begin seasonal shutdowns.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
World’s biggest tea buyer Lipton’s sale of last farms is a strategy shift
Insurance firms deny Chevron’s US$57 million claim for Iran oil seizure
China's approves first gene-edited wheat in step to open up GM tech to food crops
Shell to sell Singapore oil refinery, chemicals assets to Glencore joint venture
Gold prices hold ground as traders eye US Fed cues
Suspicious China cooking oil is hurting US biofuels business