(Bloomberg) — The power of hurricanes to drive up oil prices is diminishing as the proportion of U.S. crude coming from the Gulf of Mexico falls to a 14-year low...
(Bloomberg) — BP Plc’s proposed $7.8 billion partial settlement of 2010 Gulf of Mexico oil-spill claims shouldn’t be approved because last month’s hurricane shows how the extent of the spill’s...
Nearly half of the oil production in the U.S. Gulf of Mexico remained shut-in Wednesday as producers continue to restore production following Hurricane Isaac. The Bureau of Safety and Environmental Enforcement...
It’s about time we have some photo evidence of the grounded Hansa Berlin in Cuba. gCaptain broke the news that the Hansa Berlin containership quietly grounded (well, maybe not so...
Editor’s Note: While Hurricane Isaac mostly spared Gulf of Mexico oil and gas production, concerns are mounting over the condition of Port Fourchon, LA where the main hub of the Gulf...
BSEE reports that all dynamically positioned drilling rigs in the U.S. Gulf of Mexico moved off location prior to the storm and have been accounted for. (Bloomberg) — Hurricane Isaac...
(Bloomberg) — Rising gasoline prices and production cuts tied to a storm named Isaac churning across the Gulf of Mexico have some energy analysts predicting the U.S. will announce a...
UPDATE: The Bureau of Safety and Environmental Enforcement (BSEE) Hurricane Response Team has reported that approximately 93.28 percent of the current daily oil production in the Gulf of Mexico has been shut-in...
Editor’s NOTE: With Hurricane Issac threatening a direct hit on New Orleans Wednesday, which happens to be the seventh anniversary of Hurricane Katrina, BSEE provides the following update on the U.S. Gulf of...
(Bloomberg) — The Louisiana Offshore Oil Port, the single largest entry point for crude coming into the U.S., plans to suspend offloading oil tankers tomorrow afternoon as Tropical Storm Isaac moves through the...
(Bloomberg) — Tropical Storm Isaac, which has delayed the opening of the Republican National Convention and scrubbed more than 650 flights, is expected to strengthen as it makes its way...
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