Nearly 30% of US Gulf of Mexico oil output offline
Fifth of US Gulf of Mexico Crude Oil and 28% of Gas Offline, Regulator Says
HOUSTON (Reuters) - Nearly a fifth of crude oil production and 28% of natural gas output in U.S. Gulf of Mexico federal waters remained offline in the aftermath of Hurricane Francine, the U.S. offshore energy regulator said on Sunday.
Nearly 30% of US Gulf of Mexico oil output offline after storm
Nearly 30% of U.S. Gulf of Mexico crude oil production and 41% of its natural gas production remained offline on Saturday following Hurricane Francine, the U.S. offshore energy regulator said.
Hurricane Francine officially forms in Gulf of Mexico
Meteorologists are tracking Hurricane Francine as it makes its way northeast through the western Gulf of Mexico. The storm is expected to make landfall as a category 2 storm with winds in excess of 96 mph somewhere along Louisiana's southwestern coastline on Wednesday.
Oil set for weekly gain after hurricane halts 40% of US Gulf of Mexico output
Oil prices rose on Friday and were on track to record their first weekly gain in a month after oil and gas operations in the Gulf of Mexico were halted due to Hurricane Francine. Brent, the benchmark for two thirds of the world’s oil,
US Gulf of Mexico oil firms begin hurricane damage checks, ports reopen
U.S. Gulf of Mexico oil producers on Thursday were conducting safety checks and preparing to restart some output after Hurricane Francine disrupted operations, while a Louisiana oil refinery ramped up production and export ports reopened.
Over 40% of U.S. Gulf of Mexico oil output shut-in by Francine but little damage seen
Crude oil prices rose for the second straight session on Thursday, as Hurricane Francine forced many offshore wells to shut in production, but gains were capped by ongoing concerns over the outlook for crude demand.
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Carnival Valor could change course in Gulf of Mexico as Francine inches closer to New Orleans
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Gulf of Mexico drillers gradually resume activities in wake of hurricane
Hurricane Francine led to a significant shutdown in oil and gas production in the US Gulf of Mexico, impacting a fifth of oil ...