Exxon Shutting Major Houston-Area Refinery
27 Août 2017 - 5:06PM
Dow Jones News
Exxon Mobil Corp. (XOM) said Sunday it was shutting its massive
Baytown refinery near Houston as the city faces massive flooding
after Hurricane Harvey.
"ExxonMobil Baytown Complex is in the process of a safe and
systematic shutdown of operations," spokeswoman Suann Guthrie said
in an emailed statement. "Safety is our first priority, and we have
taken all the precautions to minimize impact to community and
employees throughout the shutdown process."
The 560,00-barrel-a-day refinery is one of the largest in the
nation and is located along the Houston Ship Channel, a vital
waterway for the U.S. oil industry. Exxon had already begun
reducing processing rates at Baytown on Saturday, citing logistical
problems given the channel has been shut since Friday.
Baytown's closure, along with other refinery shutdowns or
reductions along the Gulf Coast increase concerns about fuel
shortages in the coming days and weeks.
Write to Dan Molinski at dan.molinski@wsj.com
(END) Dow Jones Newswires
August 27, 2017 10:51 ET (14:51 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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