By Brian K. Sullivan (Bloomberg) --After a frenzied start, the Atlantic hurricane season could turn out to be the most active since 2005, when a record 28 storms formed. Colorado State University has raised its annual forecast to call for 20 named storms, up from its outlook issued in June calling for 19. Five tropical storms have already spun out of the western Atlantic … [Read more...]
U.S. Gulf of Mexico Energy Production to Resume After Storm Passes
HOUSTON, June 8 (Reuters) - Energy companies on Monday began preparations to resume oil and gas production in the U.S. Gulf of Mexico, a day after Tropical Storm Cristobal blew through with high winds and heavy rains. Producers had evacuated 182 offshore facilities and shut in about a third of oil and gas production in U.S. Gulf of Mexico wells as of Monday. Royal Dutch … [Read more...]
Cristobal Slows as it Approaches Louisiana Coast
HOUSTON, June 7 (Reuters) - Tropical Storm Cristobal on Sunday slowed its advance through the Gulf of Mexico, bringing a coastal storm surge, high winds and rain to southeast Louisiana, where it is expected make landfall later today. The storm was about 30 miles (48 km) southeast of Grand Isle, Louisiana, at 1 p.m. on Sunday and moving at north at about 5 miles per hour. It is … [Read more...]
Energy Industry Faces Hurricane Challenges Amid Pandemic
By Erwin Seba HOUSTON, June 4 (Reuters) - As oil and gas companies began shutting offshore production before the first tropical storm of the season in the U.S. Gulf of Mexico, experts said restarting wells and refineries will take longer and prove more costly this year because of COVID-19. Well shut-ins typically last a few days or weeks at most, but oil companies have … [Read more...]
U.S. Gulf Put on Notice as Tropical Storm Cristobal Gains Strength
By Brian K. Sullivan (Bloomberg) --Tropical Storm Cristobal, now gaining strength in the southern Gulf of Mexico, could grow into a hurricane as it moves toward the Texas and Louisiana coasts early next week, threatening offshore oil platforms, coastal refiners and agriculture. The system’s winds have reached 40 miles (64 kilometers) per hour, the U.S. National Hurricane … [Read more...]