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Tuesday, August 24, 2021

Stories We Might Get Back To Later, Part 3 -- August 24, 2024

Oh, oh: Russia is pumping  a lot less natural gas to Europe all of a sudden -- and it's not clear why. Link here. I'll give you three guesses and the first two don't count, as my dad used to say. If folks can't sort this out, they're either not thinking hard enough, or they're over-thinking it.

The Pemex fire: link here. Shuts in 421,000 bopd with no ETA for power restored to allow restart, but one source suggests sooner than later. Art Berman weighs in with a re-tweet.

Motiva: probably won't amount to anything, but Motiva reported several process units at its 607,000 b/d Port Arthur, TX, refinery shut down unexpectedly due to loss of power -- occurred at approximately 13:08 hours, August 22, 2021. Link here.

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