At least one oil and gas platform in the U.S. Gulf of Mexico was shut on Monday and Florida ports imposed restrictions on vessel navigation as Hurricane Milton rapidly intensified.Most energy infrastructure on the U.S. Gulf Coast, including oil and gas production facilities, liquefied natural gas (LNG) plants and refineries, is expected to be out of the storm path
U.S. Gulf of Mexico energy firms on Friday were lumbering back from hurricane disruptions as offshore oil and gas producers ramped up operations after halving the key energy region's output, ports reopened, and onshore terminals accepted oil and liquefied natural gas (LNG) tankers.Hurricane Francine shut in up to 42% of the region's offshore oil and 53% of its natural gas production.
Offshore drilling contractor Seadrill is looking to buy more assets or create a larger player by merging with peers, the company's CEO said on Wednesday.Norwegian-born billionaire John Fredriksen lost the control of the company, once the world's largest driller by market cap, to its creditors over two debt restructurings since 2014.
Energy facilities along the U.S. Gulf Coast have begun scaling back operations and evacuating some production sites as Tropical Storm Francine swept through the energy-rich region, and was poised to strengthen into a hurricane later Tuesday.Francine was advancing toward the U.S. Gulf of Mexico, set to become the fourth hurricane of the Atlantic season, which concludes on November 30.
U.S. Gulf of Mexico oil and gas producers were evacuating staff and curbing drilling to prepare for Tropical Storm Francine on Monday as it churned through the energy region on a path to bring high winds and drenching rains to the U.S. mid-South.Francine is likely to bring life-threatening storm surge to the upper Texas and Louisiana coasts and hurricane-force winds to Southern Louisiana this
A power outage in the Rotterdam port area in the Netherlands briefly interrupted operations at one of Europe's biggest oil refineries on Tuesday, the plant's operator BP said.Electricity grid operator TenneT said the problem was solved shortly after 1000 GMT. It said that BP's 400,000 barrels per day oil refinery, Europe's second largest, was among the plants affected
Austal USA held a ceremony marking the official start of construction on the first U.S. Coast Guard Heritage-class Offshore Patrol Cutter (OPC) to be built at its Mobile, Ala., shipyard. The vessel, named Pickering (WSMM 919), is the lead vessel in a series potentially comprising up to 11 cutters under a contract valued at $3.3 billion.
The 2024 IMO Award for Exceptional Bravery at Sea is to go to two sets of nominees: the captain and crew of the oil tanker Marlin Luanda for containing a fire after the ship was struck by an anti-ship missile; and the captain and crew of the tugboat Pemex Maya for their rescue of six shipwrecked people from four different vessels during a hurricane.
The largest ports in Texas closed operations and vessel traffic on Sunday as Hurricane Beryl intensified as it approached the Texas coast near Houston.Beryl, which left a trail of destruction this week in the Caribbean, killing at least 11 people, was now a category 1 hurricane and may strengthen into a category 2 by landfall on Monday, the U.S. National Hurricane Center (NHC) said.
The river Rhine in south Germany reopened to cargo shipping on Friday after being closed by high water since the weekend, navigation authorities said.Falling water levels after dryer weather this week mean Rhine river shipping has re-started around Maxau in south Germany, the German inland waterways navigation agency said. This means sailings to Switzerland are again possible.
Trader Gunvor and French major TotalEnergies have stored North Sea crude in at least four tankers in the past month as on-water stockpiling of the grades hits a 2-1/2 year high, a fresh sign of weak appetite for oil from refiners.At least 2.6 million barrels of North Sea crude grades Forties and Gullfaks have been put in floating storage in Europe, the highest volume since January 2022
A South Korean-flagged chemical tanker has capsized off the coast of Yamaguchi prefecture in western Japan, with seven deaths confirmed, public broadcaster NHK reported on Wednesday, citing the coastguard.The tanker, Keoyoung Sun, was anchored due to bad weather and requested assistance after 7:00 a.m. on Wednesday (2200 GMT on Tuesday), reporting the vessel was tilting over, NHK reported.