HOUSTON, September 15 (Hfrance.fr) - The companiesEnergy s have worked to restore pipeline service and electricity after Tropical Storm Nicholas has passed , allowing them to resume their efforts to repair the extensive damage caused by Hurricane Ida two weeks ago.
Nicholas, downgraded to a tropical depression Tuesday night, caused rains, flooding and power outages in Texas and Louisiana, where some refineries have remained offline following Hurricane Ida. The previous storm shut down most of the oil and gas production off the Gulf Coast of the United States.
Colonial Pipeline [RIC: RIC: COLPI.UL], the largest fuel line in the United States, has resumed its essential deliveriesnce and diesel on Wednesday after Nicholas passed away.
Royal Dutch Shell (RDSa.L) declared that it could resume production on its Perdido offshore oil rig which was closed by Nicholas once power is restored to another facility. US liquefied natural gas producer Freeport LNG has said processing at its coastal Texas facility has been halted, possibly due to a power outage.
Oil prices rose about 2% on Wednesday after a larger-than-expected drop in US crude inventories. Markets are very tight, said Andrew Meleney, an analyst with Infrastructure Capital Advisors, with stocks of gasoline and other refined products nearing their lowest level in five years.
More than 39% of Gulf of Mexico crude and natural gas production in the United States has remained closed, the Office of Security and Enforcement said environment (BSEE) of the offshore drilling regulator, following Hurricane Ida.
The storm took 25 million barrels of oil and 30.5 billion cubic feet of natural gas market. About 720,000 barrels per day (bpd) of crude production and 1.075 billion cubic feet per day of gas remained offline on Tuesday.
Nicholas caused widespread power outages while passing over the Houston area on Monday evening and Tuesday morning. There were 116,000 homes and businesses in Texas without power as of early Wednesday, up from more than 500,000 on Tuesday. learn more
The storm surge along the coasts of northeastern Texas and Louisiana is expected to abate by Wednesday morning, according to the National Hurricane Center.
Texas coastal oil refineries pass through Nicholas. But a few in Louisiana are struggling to restart after Hurricane Ida, including data (VLO.N) St. Charles et Meraux refineries and PBF Energy 's (PBF.N) Chalmette refinery. Additional reports by Laura Sanicola, Liz Hampton, Swati Verma and Arpan Varghese; Editing by Emelia Sithole- Matarise and Alistair Bell
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