Competitors and other companies of interest
Motiva, Shell lower rates at US refineries on Tropical Storm Karen
ICIS News : 5-Oct-13 00:08
HOUSTON (ICIS)--Motiva reduced its operating rate at its Norco refinery in Louisiana while Shell reduced its rate at its Mobile refinery in Alabama because of oil-shipment delays, caused by Tropical Storm Karen, the companies said on Friday.
The companies did not specify the extent by which they were reducing rates.
Motiva is a joint venture made up of Saudi Aramco and Shell.
Shell has also evacuated some non-essential personnel from its operations in the eastern Gulf of Mexico, the company said. So far, there has been very limited effects on energy production, Shell said.
Tropical Storm Karen is about 235 miles (375 km) south southwest from the mouth of the Mississippi river, according to the National Hurricane Center. Maximum sustained winds are near 50 miles/hour, with some chances of strengthening on Saturday night and Sunday.
The storm should make landfall near the coast of Alabama on Sunday, according to the center.
By Al Greenwood
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