Storm could hit Pemex oil operations in Bay of Campeche Fifth named storm since January to menace Atlantic basin Tropical Storm Earl could slam into Belize overnight Wednesday as a Category 1 hurricane before entering Mexico’s Bay of Campeche where Petroleos Mexicanos operates offshore oil rigs and platforms. Earl was 185 miles (298 kilometers) east-southeast of Belize City with top winds of 70 miler per hour, the U.S. National Hurricane Center said in an advisory at 1 p.m. New York time. A U.S. Air Force reconnaissance plane is flying through the storm looking for evidence it has gown into a hurricane with winds exceeding 74 mph. Forecasts for Earl’s track have drifted south over the past 24 hours, lessening the possibility of a direct hit on oil operations in the Bay of Campeche, which is part of the Gulf of Mexico. More than three-quarters of the crude produced by […]