US energy firms tally hurricane damage, plot restarts as Laura races north

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U.S. energy companies on Thursday were organizing crews and beginning to review offshore Gulf of Mexico platforms and assess damage to coastal ...

U.S. energy companies on Thursday were organizing crews and beginning to review offshore Gulf of Mexico platforms and assess damage to coastal operations as Hurricane Laura took its fierce winds inland.

The storm hit Louisiana early Thursday with 150 mile-per-hour winds, damaging buildings, knocking down trees and cutting power to more than 400,000 people in Louisiana and Texas. Its storm surge was less than predicted, sparing inland plants from feared flooding.Laura passed over Lake Charles, Louisiana, and its oil refineries overnight and was moving quickly north toward Arkansas on Thursday.

Exxon Mobil Corp said it was contacting employees of its 369,000 barrel-per-day oil refinery and chemical plant in Beaumont, Texas, and preparing a preliminary tally of damages. The large plant was one of six plants along the Gulf Coast's refinery row that shut this week ahead of the storm. Oil producers were preparing to fly over evacuated offshore platforms on Thursday. Some 1.5 million barrels of oil, and or 1.65 billion cubic feet of natural gas output were halted by well closures on Wednesday.

 

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