Oil and gas operators are once again preparing as a tropical disturbance heads into the US Gulf of Mexico.
Over 101,000 barrels of oil per day and 180 million cubic feet of gas per day still suspended due to Hurricane Francine ...
Shell is watching Tropical Disturbance 35 in Gulf of Mexico and will shut down production at some fields and evacuate personnel as a precaution.
The U.S. Federal Reserve conducting a 50 basis point interest rate cut was the catalyst that stocks needed to bounce back ...
A slow permit process has idled oil rigs and threatened prospects for rig owners, despite the end of the moratorium on drilling in the Gulf of Mexico. A platform fire this week brings new ...
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Fifth of US Gulf of Mexico Crude Oil and 28% of Gas Offline, Regulator Says HOUSTON (Reuters) -Nearly a fifth of crude oil production and 28% of natural gas output in U.S. Gulf of Mexico ...
NEW YORK, Sept 13 (Reuters) - Oil prices fell on Friday as U.S. Gulf of Mexico crude production resumed following Hurricane Francine and rising data showed a weekly rise in U.S. rig count.
“Even though the [U.S.] rig count ... the Gulf of Mexico this week — an example of the uncertainty that comes with hurricane season. As of Thursday, more than 730,000 barrels of oil a day ...