The volume of oil shut in by Hurricane Ida in the Gulf of Mexico rose on Thursday to 1.7 million barrels per day of offshore oil output, up 240,000 barrels Continue Reading
The refineries in Louisiana that were shut ahead of or during the passing of Hurricane Ida this weekend could take weeks to restart as power and water services have yet Continue Reading
Highlights Production to stay shut-in pending confirmation Shore base, heliport temporarily relocated BP said Sept. 2 that flyovers across the US Gulf of Mexico have indicated “no obvious major damage” Continue Reading
U.S. Gulf Coast energy companies on Friday advanced the recovery from Hurricane Ida on a few fronts, but slipped elsewhere as lack of crews, power and fuel reversed earlier production Continue Reading
Most ports along the U.S. Gulf Coast had reopened on Thursday following lengthy closures from Hurricane Ida, which lashed southern Louisiana with 150-mile-per-hour winds that caused extensive infrastructure damage and Continue Reading
The global shortage of computer chips is getting worse, forcing automakers to temporarily close factories including those that build popular pickup trucks. General Motors announced Thursday, Sept, 2, 2021 that Continue Reading
Reviving Louisiana refineries shut by Hurricane Ida could take weeks and cost operators tens of millions of dollars in lost revenue as water and electrical power are slowly restored, analysts Continue Reading
U.S. crude stocks dropped sharply while petroleum products supplied by refiners hit an all-time record despite the rise in coronavirus cases nationwide, the Energy Information Administration said on Wednesday. Crude Continue Reading
U.S. oil and gas companies strained to get offshore operations back up and running on Thursday as the extent of Hurricane Ida’s damages became more apparent. Ida’s 150-mile-per-hour (240 kph) Continue Reading
As oil prices rise and demand recovers, the U.S. oil industry is raising drilling and completion activity and has started to re-hire workers it had dismissed at the peak of Continue Reading
