Port Fourchon Sees Weeks for Ida Recovery
Port Fourchon, America’s biggest base supporting the U.S. Gulf of Mexico offshore oil industry, appears to have largely withstood a powerful punch left by Hurricane Ida after the Category 4 Continue Reading
Ida’s fury hits US oil production, gasoline supplies
U.S. Gulf Coast energy companies began damage reviews at offshore production facilities and started evaluating onshore power losses after Hurricane Ida caused devastation in Louisiana and rampaged through offshore oil Continue Reading
Already tight U.S. East Coast gasoline supplies face hurricane squeeze
Tight supplies of gasoline on the U.S. East Coast are being pressured by refinery outages from Hurricane Ida and the shutdown of a major pipeline that supplies fuel to the Continue Reading
U.S. producers cut 95% of Gulf of Mexico oil output due to Ida
Oil production in the U.S. Gulf of Mexico on Monday remained largely halted in the aftermath of Hurricane Ida, with 1.72 million barrels of output suspended, according to offshore regulator Continue Reading
Emerging Economies Deserve A Chance At Oil Riches, Too
Emerging economies must continue to rely on fossil fuels while demand is high, largely ignoring the developed world’s green transition and taking this opportunity to develop their economies and boost Continue Reading
Ida Shuts in Majority of Gulf of Mexico Production
The Bureau of Safety and Environmental Enforcement estimates that approximately 95.65 percent of the current oil production in the Gulf of Mexico has been shut in as a result of Continue Reading
Oil firms cut 96% of U.S. Gulf of Mexico crude output as Hurricane Ida slams coast
Energy firms on Sunday had suspended 1.74 million barrels per day of oil production in the U.S. Gulf of Mexico, according to the Bureau of Safety and Environmental Enforcement (BSEE), Continue Reading
U.S. oil and gas rig count rises for 13th month in a row -Baker Hughes
U.S. energy firms this week added oil and natural gas rigs for a fourth week, resulting in the 13th monthly increase in a row, even as a major storm approaches Continue Reading
Oil firms cut U.S. Gulf of Mexico output by 59% ahead of Ida
Oil producers on Friday have shut-in 59% of Gulf of Mexico crude production as the ninth-named storm of the season barreled towards the key U.S. offshore oilfields, according to the Continue Reading
‘Extremely dangerous’ Hurricane Ida knocks out more oil than Katrina
U.S. oil and gas companies on Friday cut more than 1.6 million barrels of oil production as a major storm churned toward oilfields that provide 17% of the nation’s oil Continue Reading