"Hurricane Ida" News

Opinion: Global Oil Market is Tight, Despite what Producers Say

Oct 18, 2021

Global petroleum inventories have fallen to their lowest seasonal level for seven years as producers have failed to raise output to match the rapid rebound in consumption since last year’s coronavirus-driven recession.In contrast to shortages in coal…

Shell Restarts Gulf of Mexico Olympus Platform After Hurricane

Oct 04, 2021

Royal Dutch Shell on Monday said it has restarted production at its Olympus platform in the Mars Corridor in the Gulf of Mexico following repairs to portion of its West Delta 143 offshore facility in the aftermath of Hurricane Ida.The remaining assets in that corridor…

Three More Offshore Rigs Return to U.S. Gulf of Mexico

Oct 04, 2021

U.S. energy firms [last] week added oil and natural gas rigs for a fourth week in a row as more storm-hit offshore units resumed service in the Gulf of Mexico, and as crude prices this week hit three-year highs, prompting drillers to return to the wellpad…

California Lawmakers Look to Ban Offshore Drilling after Spill

Oct 06, 2021

Democratic members of Congress from California seized on the oil spill off the state's coast to promote federal legislation to ban all offshore oil drilling, as investigators searched for what caused the pipeline to burst.About 3,000 barrels (126…

Gulf of Mexico: Shell's Enchilada, Auger Platforms Back Online

Sep 13, 2021

Royal Dutch Shell Plc said its Enchilada/Salsa and Auger assets in the Gulf of Mexico were back online after they were shut due to Hurricane Ida.'Our Enchilada/Salsa and Auger assets are now back online,' Shell said in a statement late on Friday about the facilities southwest of New Orleans…

BP's Gulf of Mexico Platforms Back Online after Storm

Sep 23, 2021

BP on Wednesday said all four of its offshore facilities in the Gulf of Mexico have resumed operations, having been brought back online and producing as of Sept. 12 post-Hurricane Ida.The company on Sept. 7 said it had resumed operations at its Atlantis and Mad Dog platforms…

LOOP Did Not Deliver Sour Crude from Storage in September

Oct 01, 2021

The Louisiana Offshore Oil Port (LOOP), the largest U.S. privately owned deepwater crude terminal, said on Friday it made no deliveries of sour crude from storage last month, following two storms that hit the U.S. Gulf Coast.The facility closed on August 28 ahead of Hurricane Ida…

Noble Corp. Sends Force Majeure Notice to Shell over Drillship Damaged in Storm

Sep 03, 2021

Offshore drilling contractor Noble Corporation has sent a force majeure notice to its client Shell over the Noble Globetrotter II drillship contract after the rig was damaged earlier this week in the U.S. Gulf of Mexico in severe weather during Hurricane Ida…

Oxy Says Seven of Its Ten Offshore Oil Platforms in U.S. Gulf of Mexico Still Offline

Sep 08, 2021

Occidental Petroleum Corp on Wednesday said in a securities filing seven of its 10 offshore oil production platforms in the U.S. Gulf of Mexico remain offline since Hurricane Ida.Hurricane Ida tore through the Gulf of Mexico late last month…

U.S. Gulf of Mexico: Three Offshore Rigs Return to Work in Storm Aftermath

Sep 27, 2021

U.S. energy firms this week added oil and natural gas rigs for a 14th month in a row as more offshore units in the Gulf of Mexico returned to service after shutting when Hurricane Ida slammed into the coast in late August.This week, 3 offshore rigs returned in the Gulf of Mexico…

Number of Production Floater Contracts in Near-term Queue at Record High

Sep 27, 2021

Crude prices have climbed to the upper-$70s, sustained by continued demand growth and the OPEC+ production curtailment agreement. Excess oil inventory has largely been eliminated, natural gas supply shortages have appeared in Europe and LNG prices have soared…

Brent Heading for $80 a Barrel. Hits Highest Since October 2018

Sep 27, 2021

Oil prices rose for a fifth straight day on Monday with Brent at its highest since October 2018 and heading for $80 amid supply concerns as demand picks up in parts of the world with the easing of pandemic restrictions.Brent crude was up 92 cents or 1…

First Look at Louisiana Offshore Oil Port Finds No Major Damage after Hurricane

Sep 01, 2021

The Louisiana Offshore Oil Port (LOOP), the largest deepwater oil import and export terminal on the U.S. Gulf Coast, has found no major damages to its marine operations during an initial review [of the impact of the hurricane Ida], but operations remain offline as assessments continue…

Gulf of Mexico: Offshore Rigs Start to Return after Ida -Baker Hughes

Sep 13, 2021

U.S. energy firms [last week] added oil and natural gas rigs for a fifth time in six weeks as offshore oil units in the Gulf of Mexico slowly started to return after Hurricane Ida slammed into the coast.[Last week], four offshore oil rigs returned in Louisiana…

Talos Energy Says Oil Leaking into in U.S. Gulf of Mexico has Slowed

Sep 06, 2021

U.S. offshore oil producer Talos Energy said on Sunday that the rate of oil flowing from a spill of unknown origin in U.S. Gulf of Mexico following Hurricane Ida appears to have decreased.Clean-up crews and a dive team were at the leak site…

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