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Released September 09, 2021 | SUGAR LAND
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Energy Market highlights gathered by Industrial Info and IIR Energy

REFINING
LyondellBasell Mulls Sale of Houston Refinery
- LyondellBasell Industries N.V. (NYSE:LYB) (Houston, Texas) said on Wednesday it was considering strategic options for its refinery in Houston, including a potential sale. The refinery, under LyondellBasell's ownership since 2006, is one of the largest in the U.S., with a throughput capacity of 268,000 barrels per day (BBL/d). Subscribers to Industrial Info's Global Market Intelligence (GMI) Refining Plant Database can click here for the plant profile. (Reuters)

PRODUCTION
Three-Quarters of U.S. Gulf Oil & Gas Production Remains Shut-In
- More than three-quarters of the U.S. Gulf of Mexico's offshore oil and natural gas output remained shut on Wednesday as the fallout from Hurricane Ida continued to hamper production. Some 1.4 million BBL/d of crude oil production and more than 1.72 billion cubic feet per day of natural gas output were shut-in. More than 70 platforms of the 288 evacuated ahead of the August storm remain unoccupied, according to the Bureau of Safety and Environmental Enforcement. (Reuters)

EIA: 2021 U.S. Crude Oil Output to Decline More than Previously Forecast - U.S. crude oil production is expected to fall by 200,000 BBL/d in 2021 to 11.08 million BBL/d, the U.S. Energy Information Administration (EIA) said on Wednesday, noting that Hurricane Ida should force a bigger decline than its previous forecast for a drop of 160,000 BBL/d. (Reuters)

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About IIR Energy
Energy asset information on power plants, oil refineries and natural gas infrastructure is now more important than ever. A unit of Industrial Info Resources, IIR Energy provides infrastructure information on these assets, as well as real-time tracking of planned and unplanned interruptions affecting the commodity-trading community. We are the number one source for information about power plant outages, refinery turnarounds and midstream natural gas disruptions.

About Industrial Info
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.

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