A storm intensified this week into a hurricane in the Gulf of Mexico, a major source of U.S. oil and gas production and ...
Gulf of Mexico oil and gas production is almost fully restored following hurricane Francine, a statement posted on the Bureau of Safety and Environmental Enforcement’s (BSEE) website on Monday ...
Shares of energy companies rose as infrastructure disruption caused by Hurricane Francine trumped demand fears. Oil futures fell Friday, but rose 1.5% for the week as Francine curbed output in the ...
Oil prices rose on Tuesday as the market focused on U.S. production disruptions caused by Hurricane Francine, which knocked 12% of crude and 16% of natural gas output in the Gulf of Mexico offline.
Is is flooding or a hurricane? The difference could be costly. And determining which has often involved legal bills. Only a little more than one in five Florida properties are covered by both ...
NEW YORK: Oil prices rose 2pc on Monday as the ongoing impact of Hurricane Francine on output in the US Gulf of Mexico offset persistent Chinese demand concerns ahead of a US Federal Reserve rate ...
42% of crude, 52% of natural gas output in Gulf of Mexico shut Ports in Texas and Louisiana reopen Shell ramps up production at its platforms Sept 13 (Reuters) - U.S. Gulf Coast energy facilities ...
Despite the worst of Hurricane Francine having now passed, almost a fifth of the oil production in the Gulf of Mexico (GOM) is still out of action, amounting to almost 340,000 barrels per day (bpd ...
Francine—the first hurricane to form in four weeks—is expected to make landfall Wednesday along the Louisiana coast, bringing up to a foot of rainfall, damaging winds and a storm surge ...
1509 ET – Oil futures rise as Hurricane Francine causes some U.S. offshore production to be shut in, with the rebound from yesterday’s heavy selling tempered by weekly builds in U.S. crude and ...
The Atlantic hurricane season runs from June 1 through Nov. 30 with the peak of the season hitting now, Sept. 10. The most activity happens between mid-August and mid-October, according to the ...