US Gulf of Mexico production numbers released Aug 25 by the federal Bureau of Safety and Environmental Enforcement show that producers have little output in the region along the predicted Continue Reading
US Gulf Coast gasoline differentials spiked Aug. 24 as the region monitored approaching tropical storms Marco and Laura. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Continue Reading
Resurging production in North Dakota’s Bakken Shale following a wave of spring shut-ins has pushed Canadian exports to the US Midwest on Northern Border Pipeline down to its lowest flow Continue Reading
Oil and chemical facilities located along the Texas and Louisiana Gulf Coast are shuttering, securing equipment or running through emergency protocols ahead of a strong hurricane set to rip through Continue Reading
More than one million barrels of oil per day have been shut in on the U.S. Gulf of Mexico, as of August 23, as Hurricane Marco and Tropical Storm Laura Continue Reading
Energy companies moved to cut production at U.S. Gulf Coast oil refineries on Monday after shutting half the area’s offshore crude oil output as back-to-back storms took aim at the Continue Reading
Coastal residents in low-lying areas of Louisiana and Cuba were evacuating on Sunday, while roads turned to rivers in Haiti’s capital city, as twin hurricanes threatened the Caribbean and U.S. Continue Reading
The Covid-19 pandemic has added severe financial strain on a North American upstream industry that was already reeling under billions of dollars of debt. With WTI climbing past $40 a Continue Reading
Offshore drilling major Valaris became the latest victim of the crisis this week as it filed for bankruptcy in the U.S., proposing a swap of some $6.5 billion in debt Continue Reading
US Gulf of Mexico producers have opted to shut more of their production and evacuate crews Aug. 23 as meteorologists revised the tracks of two tropical storms, Marco and Laura, Continue Reading
