Kinder Morgan on Aug. 30 said its Port Manatee, Port Sutton and Tampaplex terminals in Florida sustained minimal damage due to Hurricane Idalia, and that it was also planning to shut its Charleston area terminals later in the day.
The U.S. energy company said it was planning to reopen the terminals on Aug. 31, while its Tampa facilities including the Tampa refined products terminal and Central Florida Pipeline system have resumed normal operations.
The Port Manatee, Port Sutton and Tampaplex terminals handle commodities such as fertilizers, scrap metal, pet coke and coal, while the Charleston terminals move chemicals and petroleum.
Kinder Morgan's Central Florida Pipeline (CFPL) system consists of a 110-mile petroleum pipeline transporting gasoline and batched denatured ethanol, and an 85-mile petroleum line that moves diesel and jet fuel, according to the company website.
"Our Orlando refined products facility was not impacted and remained operational throughout the storm. Additionally, we have prepared portions of our Products (SE) Pipe Line system and KMST facilities in the path of the storm, though we do not expect significant impacts at this time," the company said in a statement.
U.S. oil producer Chevron on Tuesday said it evacuated staff from three U.S. Gulf of Mexico oil production platforms.
Oil prices were near flat as investors digested Idalia's path and its effect on fuel demand, while U.S. government data showing tighter-than-expected crude supplies limited losses. Idalia came ashore as a Category 3 storm on Wednesday morning in Florida, knocking out power to more than 280,000 homes.
Recommended Reading
Key Energy Buys Endeavors’ Well Servicing Business
2024-05-20 - Key Energy Services’ deal comes as Endeavor Energy Resources is selling its upstream assets to Diamondback Energy.
Seadrill Sells Three Jackups for $338MM to Gulf Drilling International
2024-05-17 - Seadrill Ltd. is also selling its 50% equity interest in the joint venture that operates the rigs offshore Qatar.
Could Crescent, SilverBow Buy More in South Texas After $2.1B Deal?
2024-05-17 - The combination of Crescent Energy and SilverBow Resources will yield one of the Eagle Ford’s top producers—and the pro forma E&P could look to gobble up more acreage in South Texas after closing.
Permian Powerhouse: Apache Doubles Down on Core Assets After Callon Acquisition
2024-05-16 - Apache CEO John Christmann detailed plans for the Permian Basin and Suriname during the SUPER DUG Conference & Expo.
OEP Completes Acquisition of TechnipFMC’s Measurement Solutions Business
2024-03-27 - One Equity Partners said TechnipFMC’s measurement solutions business will be rebranded as Guidant and specialize in measurement technology, automation solutions and global systems.