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Phillips 66 said to weigh idling badly damaged Alliance refinery

Phillips 66(NYSE:PSX)reportedly continues to struggle to remove water from its Alliance refinery in

Phillips 66 said to weigh idling badly damaged Alliance refinery

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·2021-09-14
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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPhillips 66 said to weigh idling badly damaged Alliance refinery\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-14 10:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3739364-phillips-66-said-to-weigh-idling-badly-damaged-alliance-refinery><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Phillips 66(NYSE:PSX)reportedly continues to struggle to remove water from its Alliance refinery in Louisiana, more than two weeks after Hurricane Ida made landfall on the Gulf coast.\nThe damage to ...</p>\n\n<a href=\"https://seekingalpha.com/news/3739364-phillips-66-said-to-weigh-idling-badly-damaged-alliance-refinery\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PSX":"Phillips 66"},"source_url":"https://seekingalpha.com/news/3739364-phillips-66-said-to-weigh-idling-badly-damaged-alliance-refinery","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1198900129","content_text":"Phillips 66(NYSE:PSX)reportedly continues to struggle to remove water from its Alliance refinery in Louisiana, more than two weeks after Hurricane Ida made landfall on the Gulf coast.\nThe damage to the 250K bbl/day refinery from the storm is so severe that repairs may be too costly, and Phillips 66 is uncertain whether to invest in extensive repairs or idle the plant, Bloomberg reports.\nA 9-ft. wall of water punched a hole in the refinery's protective levee and inundated the plant.\nPhillips says it does not yet have any operational update or timeline for restarting the facility as post-storm assessments continue.\nArgus reports three other Louisiana refineries also remain out of commission: Royal Dutch Shell's (RDS.A,RDS.B) 250K bbl/day Norco facility and Valero's(NYSE:VLO)two plants along the Mississippi River, the 215K bbl/day St. Charles refinery and the 135K bbl/day Meraux refinery.\nJust days before the hurricane hit, Phillips 66 said it would look to sell the Alliance refinery as part of its push toward a lower-carbon business.","news_type":1},"isVote":1,"tweetType":1,"viewCount":239,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":6,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":5861432,"commentId":"5861432","gmtCreate":1631587637518,"gmtModify":1663233849535,"authorId":3571448024288156,"author":{"id":3571448024288156,"idStr":"3571448024288156","authorId":3571448024288156,"name":"Sing2me","avatar":"https://static.tigerbbs.com/f485854808e05893440cba75ca2a8b6a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":886664418,"objectIdStr":"886664418","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Like","text":"Like","html":"Like","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}