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U.S. Refiners Ready for First-Quarter Maintenance After Rough Weather

SUGAR LAND--December 28, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--Refineries across the U.S. are soldiering on amid last week's blast of brutal winter weather. Oil futures briefly rallied to three-week highs amid a spate of temporary shutdowns and reduced run rates, but long-term projects and routine maintenance schedules seem largely unaffected. Industrial Info is tracking more than 50 maintenance-related projects at refineries across the U.S. that are set to kick off from January through March, led by top-tier companies such as Phillips 66 (NYSE:PSX) (Houston, Texas) and Valero Energy Corporation (NYSE:VLO) (San Antonio, Texas). Other companies featured: Motiva Enterprises LLC, LyondellBasell Industries NV (NYSE:LYB), Exxon Mobil Corporation (NYSE:XOM) and Koch Industries Incorporated.

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