trending Market Intelligence /marketintelligence/en/news-insights/trending/4lYiO1KKAuBK019YEglN2g2 content esgSubNav
In This List

Report: TC Energy shuts down Gulf Coast pipeline due to flooding

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Using ESG Analysis to Support a Sustainable Future

Research

US utility commissioners: Who they are and how they impact regulation

Blog

Q&A: Datacenters: Energy Hogs or Sustainability Helpers?


Report: TC Energy shuts down Gulf Coast pipeline due to flooding

Flash floods due to Tropical Depression Imelda caused several energy firms, including TC Energy Corp., to shut down their pipeline operations and terminals in southeastern Texas, Reuters reported Sept. 19.

TC Energy on Sept. 19 shut down its Marketlink oil pipeline from the Cushing, Okla., hub to Nederland, Texas, as flash floods disrupted operations at terminals on the Gulf Coast, Reuters said, citing traders familiar with the matter.

TC Energy shut the 750,000-barrel-per-day pipeline when Energy Transfer LP's Nederland terminal, which is connected to Marketlink, was also shut briefly on the same day, Reuters' sources said. The terminal experienced a power outage earlier that day, which has been restored to normal operations, an Energy Transfer spokesperson told Reuters.

Traders cited in the article said they expect the supply outages to disrupt loadings from the Gulf Coast and affect crude oil exports.

Other companies who temporarily suspended operations in the area include Phillips 66, which shut its Beaumont terminal in Nederland; and Exxon Mobil Corp., which took its crude oil refinery in Beaumont, Texas, offline, the report said. Other refineries in the area also cut back production, according to the report.