Exxon Shuts Major Texas Refinery After Flooding

ExxonMobil started on Thursday morning to shut down its 369,024-bpd crude oil refinery at Beaumont in Texas as tropical storm Imelda brought flooding to parts of southern Texas, sources familiar with Exxon’s refinery operations told Reuters on Thursday. The Houston and Galveston areas and southeast Texas were bracing this week for the tropical storm Imelda which moved inland from just south of the coast where it had formed in the Gulf of Mexico. Imelda made landfall on Tuesday afternoon near Freeport, Texas. As it moves inland over Texas,…