OPEC, for some quiet moments..

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While Corpus Christi, Texas, refineries prepare to restart as the storm shifts, several plants in the Port Arthur and Beaumont areas are under threat, pushing gasoline futures to the highest in two years. Motiva Enterprises LLC’s Port Arthur refinery, the largest in the U.S. with the ability to process about 605,000 bpd, began a controlled shutdown Wednesday and Exxon Mobil Corp.’s Beaumont refinery is also said to shut due to flooding issues. Total SA’s refinery in the area is said to have had a power loss, while Valero Energy Corp.’s Port Arthur plant is offline due to the flooding, according to a person familiar with operations.

Storm Harvey's impact on oil markets

Baker Hughes, a GE company (BHGE), has announced a second major contract for Eni East Africa’s (EEA) Coral South FLNG development, offshore Mozambique, underlining the company’s position as the world’s first and only integrated fullstream provider of products, services and digital solutions that maximize productivity, efficiency and cost reduction. The contract was awarded in 2Q this year by a joint venture formed by TechnipFMC and JGC Corporation, the lead partner in a consortium that will provide engineering, procurement, construction, installation, commissioning and start-up (EPCIC) of Coral South’s FLNG facility.

Baker Hughes secures second major contract for Eni's Coral South FLNG

Total has announced start-up of production from the Edradour & Glenlivet gas and condensate fields, located in about 300 to 435 m of water in the West of Shetland area, close to Laggan-Tormore fields, which came on stream in February 2016. The Edradour and Glenlivet development will bring additional production capacity of up to 56,000 boed.

Total starts production at Edradour & Glenlivet fields, West of Shetland

The skies are clearing over Houston, but the damage from the remaining elements of Hurricane Harvey has spread east to Port Arthur and Lake Charles along the Texas-Louisiana border. That has knocked more refineries offline, including the largest refinery in the United States. In the aftermath of the storm, the most serious threat to the energy industry is the extended outage of refineries and pipelines, according to Goldman Sachs. The problem actually looks worse than it did earlier this week as the deluge has shifted towards Port Arthur, another refining hub. Motiva, which runs the U.S.’ largest refinery in Port Arthur, began to completely shut down its 600,000 bpd facility on Wednesday.

Hurricane Harvey Is A Disaster For OPEC | OilPrice.com