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.
Last month's CrowdStrike IT outage that grounded scores of flights created new problems for California's fuel market, forcing U.S. traders to store jet fuel destined for the state on waterborne tankers, storage broker The Tank Tiger told Reuters this week.The outage exacerbated existing constraints on petroleum storage in California
Humans have sailed the world’s oceans for thousands of years, but they haven’t all reached port. Researchers estimate that there are some three million shipwrecks worldwide, resting in shallow rivers and bays, coastal waters and the deep ocean. Many sank during catastrophes – some during storms or after running aground, others in battle or collisions with other vessels.