Post Tagged with: "Hurricane Ida"

Shell reports structural damage to West Delta facilities from Hurricane Ida

Shell reports structural damage to West Delta facilities from Hurricane Ida

World Oil


Shell Offshore Inc., a subsidiary of Royal Dutch Shell plc, has conducted a comprehensive damage assessment of its West Delta-143 (WD-143) offshore facilities from Hurricane Ida that revealed significant structural damage.

Shell estimates that its WD-143 “A” platform …

September 20, 2021 - 2:00 pm Closing Bell Story‎, Crude Oil News, Energy News, Offshore
Source: Reuters

Hit to oil output from Ida overshadows demand impact, says Goldman

Nasdaq


Goldman Sachs said Hurricane Ida had a larger impact on oil production than on refinery demand, causing a net “bullish” impact on U.S. and global storage levels.

The investment bank, in a note dated Sept. 9, described the hit …

September 13, 2021 - 12:30 pm Closing Bell Story‎, Crude Oil News, Energy News
Source: Reuters

Traders chase Russian oil to fill U.S. supply gap after Hurricane Ida

Nasdaq


MOSCOW, Sept 10  – Trading houses are rushing to supply Russian Urals crude to the United States where oil production was hammered by Hurricane Ida in August, three trading sources said on Friday.

Ida, one of the most devastating …

September 10, 2021 - 2:30 pm Closing Bell Story‎, Crude Oil News, Energy News, International
Source: Reuters

Exxon draws from U.S. Strategic Petroleum Reserve for Louisiana refinery

World Oil


(Bloomberg) –The U.S. Department of Energy has authorized Exxon Mobil Corp. to receive crude from the Strategic Petroleum Reserve to kickstart the production of fuels while most oil production in the Gulf of Mexico remains shut.

The oil

September 3, 2021 - 12:00 pm Closing Bell Story‎, Crude Oil News, Energy News
Source: World Oil

Noble provides clarity on Globetrotter II drillship, during and after hurricane Ida

World Oil


As many industry professionals and the public are aware, there has been considerable confusion and a number of discrepancies in various accounts of what happened to the Noble Globetrotter II drillship, as it tried to evade Hurricane Ida …

September 3, 2021 - 10:00 am Closing Bell Story‎, Crude Oil News, Energy News
Source: World Oil

Port Fourchon, other Gulf oil facilities likely offline for weeks after Ida

World Oil


HOUSTON (Bloomberg) –Port Fourchon, America’s largest base supporting the U.S. Gulf of Mexico offshore oil industry, will take weeks to recover after Hurricane Ida tore through the Louisiana community, leaving a wake of destruction in its path.

“How

Source: CNBC

Floods, outages stall oil firms’ efforts to restart after Ida

CNBC


Widespread flooding from Hurricane Ida and power outages on Tuesday slowed efforts by energy companies to assess damages at oil production facilities, ports and refineries.

Nearly all of Louisiana lost electrical power on Monday after one of the most …

August 31, 2021 - 10:30 am Closing Bell Story‎, Crude Oil News, Energy News
Source: World Oil

Oil prices slip, gasoline jumps as Hurricane Ida disrupts infrastructure

World Oil


(Bloomberg) –U.S. gasoline futures jumped after Hurricane Ida barreled ashore in Louisiana, disrupting processing facilities. Oil reversed early gains as local rigs may have escaped significant damage and the OPEC+ producers’ cartel is expected on Wednesday to endorse …

Source: Reuters

Ida’s fury hits U.S. oil production, gasoline supplies

Nasdaq


HOUSTON – Hurricane Ida pummeled U.S. Gulf Coast energy suppliers, knocking out most of the region’s offshore wells, nearly half its motor fuel production and closing energy-export ports.

 

The storm moved into Mississippi on Monday after leaving a …