Would you like to receive notifications on latest updates of the following headlines?

US Coast Guard Says Hurricane May Shut Oil Ports

POSTED ON July 7, 2024 •   Business      BY Abiodun Saheed Omodara
Vehicles are carried by ferry across Aransas Pass as Hurricane Beryl moves closer to the Texas coast, Saturday, July 6, 2024, in Port Aransas, Texas. l Source: AP

The US Coast Guard has issued a warning about potential port closures in Texas, stretching from Corpus Christi to Houston, due to the impending arrival of Tropical Storm Beryl, which is anticipated to strengthen into a hurricane before reaching land at Port Lavaca by Monday morning.

These closures could temporarily halt the transportation of crude oil to refineries and the distribution of motor fuels from those facilities.

The Coast Guard captain of the port of Corpus Christi has imposed port condition "Yankee" on Saturday afternoon, limiting vessel movement in ports from Matagorda Bay, located 101 miles (163 km) southwest of Houston, to the US-Mexico border.

In preparation for Beryl's approach to the Texas coast, Citgo Petroleum Corp is reducing production at its 165,000 barrel-per-day Corpus Christi refinery.

The company plans to maintain minimal production at the refinery as the storm progresses towards a projected landfall at Port Lavaca, a critical pipeline hub.

Ahead of the storm's arrival, Shell Plc has completed the evacuation of personnel from its Perdido production platform in the US-regulated Gulf of Mexico.

Production on Perdido was ceased prior to the evacuations. Additionally, workers have been evacuated from the Whale platform, which is scheduled to commence production later this year.

Gibson Energy, operator of a major oil terminal in Corpus Christi, has stated that operations are ongoing but further measures may be taken based on the forecast.

As of Saturday, the storm was moving with maximum sustained winds near 60 mph (95 km/h), according to the National Hurricane Center.

The latest predictions indicate that Corpus Christi may experience the milder side of the storm with lower winds and minimal rainfall.

However, the potential for gale-force winds at the port is why the Coast Guard is imposing restrictions on vessel traffic or considering port closures.

Most of the offshore oil and gas production in the northern Gulf is situated east of Beryl's projected path.

The US Gulf of Mexico's offshore production amounts to approximately 1.8 million barrels per day.

READ ALSO
JUST IN: Dangote refinery slashes petrol prices by N15 nationwide
BY Abiodun Saheed Omodara May 22, 2025 0

LAGOS, Nigeria — The Dangote Petroleum Refinery recently announced a reduction in the pump pri...

READ ALSO
Sanwo-Olu Advocates for Innovation, Accountability in Economic Policies
BY Abiodun Saheed Omodara May 22, 2025 0

LAGOS, Nigeria - Lagos State Governor Babajide Sanwo-Olu has stated that Nigeria must hasten its pro...

READ ALSO
CBN's Rigid Monetary Policies Threaten Nigeria's Industrialization Efforts
BY Abiodun Saheed Omodara May 22, 2025 0

With the Central Bank of Nigeria (CBN) keeping the benchmark interest rate at 27.5 percent, local ma...

READ ALSO
FG to Auction 753 Housing Units Recovered from Ex-CBN Governor Emefiele
BY Abiodun Saheed Omodara May 20, 2025 0

ABUJA, Nigeria - The Federal Government has declared its intention to sell 753 housing units that we...

READ ALSO
CBN Holds Interest Rate Steady at 27.50% Amid Inflation Concerns and Economic Recovery Efforts
BY Abiodun Saheed Omodara May 20, 2025 0

ABUJA, Nigeria — The Central Bank of Nigeria (CBN) has once again held its benchmark inte...

READ ALSO
CBN Stresses Commitment to Protecting Financial Interests of Nigerians
BY Abiodun Saheed Omodara May 20, 2025 0

The Central Bank of Nigeria (CBN) has assured the public, depositors, and stakeholders that the Nige...

READ ALSO
Australia's Central Bank Cuts Interest Rate to 3.85% Amid Global Tariff Uncertainty
BY Abiodun Saheed Omodara May 20, 2025 0

On Tuesday, Australia’s central bank reduced its main interest rate to its lowest level in two...

READ ALSO
Fuel Prices: Dangote Refinery Credits Naira-for-Crude Initiative for Economic Relief
BY Abiodun Saheed Omodara May 20, 2025 0

The Dangote Petroleum Refinery has announced that the naira-for-crude arrangement enabled it to lowe...

OUR CHANNELS:

Lagos Police Recapture Escaped Inmate Following Prison Break
BY Abiodun Saheed Omodara May 24, 2025 0

A 39-year-old prisoner, Kabiru Oyedun, has been recaptured by the Lagos Police Command after escapin...


Nigeria's Progressing in Insecurity Fight, Night Travel Routes Restored
BY Abiodun Saheed Omodara May 24, 2025 0

ABUJA, Nigeria - The Minister of Defence, Mohammed Badaru, has stated that recent military successes...


Agro Alliance Takes Top Honors at Hack4Livestock with IoT Solution for Cattle Intrusions
BY Abiodun Saheed Omodara May 24, 2025 0

ABUJA, Nigeria - The Ministry of Livestock Development has announced its intention to empower 1,000...


2027: Coalition Condemns APC's Exclusive Endorsement of Tinubu
BY Abiodun Saheed Omodara May 24, 2025 0

The Coalition of United Political Parties criticized the endorsement of President Bola Tinubu as the...


Man Remand for Environmental Offense as Lagos Intensifies Sanitation Enforcement
BY Abiodun Saheed Omodara May 24, 2025 0

A collaborative enforcement team, made up of officials from the Lagos Waste Management Authority (LA...


SNEPCo Urges Indigenous Firms to Enhance Skills for Future Opportunities
BY Abiodun Saheed Omodara May 24, 2025 0

The Shell Nigeria Exploration and Production Company Limited (SNEPCo) has urged Nigerian firms to st...


Adebayo Open to Coalition with Obi, Dismisses Atiku's Influence in SDP
BY Abiodun Saheed Omodara May 24, 2025 0

The 2023 presidential candidate for the Social Democratic Party (SDP), Adewole Adebayo, has indicate...


NNPCL Empowers 531 NYSC Members with Financial Support and Starter Packs
BY Abiodun Saheed Omodara May 25, 2025 0

The Nigeria National Petroleum Company Limited has provided financial assistance of N531,000 each to...


University of Lagos Addresses NELFund Loan Reimbursement Concerns
BY Abiodun Saheed Omodara May 24, 2025 0

The University of Lagos has refuted online claims regarding the delay in the reimbursement of NELFun...


Nigerian Man Sentenced to 27 Months for $1 Million Insurance Fraud
BY Abiodun Saheed Omodara May 25, 2025 0

A 37-year-old Nigerian named Henry Ezeonyido has been sentenced to 27 months in prison by a United S...


More Articles

Load more...

Menu