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August 27, 2020

U.S. LNG loading delays expected as hurricane slams Gulf Coast- oil and gas 360

U.S. LNG loading delays expected as hurricane slams Gulf Coast

August 27, 2020

Reuters SINGAPORE  – Loadings of liquefied natural gas (LNG) cargoes from the United States are expected to be delayed as a powerful storm strikes at the heart of the U.S. oil and gas industry on the Gulf Coast, forcing several LNG plants to shut. Hurricane Laura made landfall early on Thursday in southwestern Louisiana as one of the most powerful

Oil prices slip as Hurricane Laura makes Gulf Coast landfall- oil and gas 360

Oil prices slip as Hurricane Laura makes Gulf Coast landfall

August 27, 2020

Reuters LONDON  – Oil prices fell on Thursday as a massive hurricane in the Gulf of Mexico made landfall in the heart of the U.S. oil industry, forcing oil rigs and refineries to shut down. Brent crude LCOc1 futures for October, which expire on Friday, fell 50 cents, or 1.1%, to $45.14 a barrel by 1359 GMT. The more active

Crude oil or cooking oil? For some U.S. refiners, it's now a choice-oil and gas 360

Crude oil or cooking oil? For some U.S. refiners, it’s now a choice

August 27, 2020

Reuters NEW YORK – Refiners have always produced fuel using crude oil. Now some are using grease. A slump in demand for gasoline since the onset of the coronavirus pandemic has several refining companies accelerating their plans to retrofit facilities to produce so-called renewable diesel made from, among other things, used cooking oil from fast-food restaurants. The shift helps, they

Weekly Gas Storage: Inventories increase by 76 Bcf- oil and gas 360

Weekly Gas Storage: Inventories increase by 45 Bcf

August 27, 2020

Natural Gas Inventories as of August 21, 2020 The EIA has released its natural gas inventory report, showing a net increase of 45 Bcf as of August 21, 2020. Working gas in storage was 3,420 Bcf as of Friday, August 21, 2020, according to EIA estimates. This represents a net increase of 45 Bcf from the previous week. Stocks were

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