Factbox-US Gulf Coast energy facilities brace for Storm Francine

(Reuters) - 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. Francine could intensify into a Category 2 hurricane, ahead of its expected landfall along the Louisiana coast on Wednesday evening, the National Hurricane Center said.

Offshore production in the U.S. Gulf of Mexico, which accounts for approximately 1.8 million barrels per day or about 15% of the nation’s total crude output, could face disruptions as the storm progresses. Such interruptions have the potential to affect U.S. oil supplies, leading to upward pressure on prices for domestic oil and offshore crude grades.

The U.S. Coast Guard has imposed vessel restrictions at some Texas ports, including Brownsville, Corpus Christi, and Freeport, which are key hubs for oil imports and exports. The ports of Houston and Galveston in Texas, along with New Orleans in Louisiana, remained open to vessel traffic on Monday, and the Louisiana Offshore Oil Port (LOOP) was operating under normal conditions.

OPERATOR FACILITY CAPACITY DATE DETAILS



ExxonMobil (NYSE:XOM ) Hoover offshore platform - Sept. 09 Shut-in output and evacuated staff



Chevron (NYSE:CVX ) Gulf of Mexico - Sept. 09 Evacuating

facilitiesAnchor platform, non-essential staff from four

Tahiti oil platform offshore platforms, shutting in

oil and gas output at two offshore

production platforms

Shell (LON:SHEL ) Perdido oil platform, Whale 125,000 barrels of oil Sept. 09 Evacuating

platform equivalent per day non-essential personnel from three

(boe/d) for Perdido oil offshore oil platforms, paused

platform; 100,000 boe/d drilling operations at two others

for Whale platform

Freeport (LNG) LNG export plant in Texas 2.1 billion cubic feet Sept. 09 Begun storm preparations at its

per day Texas plant

Cameron (LNG) LNG export plant in Louisiana - Sept. 10 Amount of natural gas flowing to

the export plant dropped

Enbridge (NYSE:ENB ) Inc South Marsh Island 76,Ship - Sept. 10 Pulled employees from



Shoal 207, 332 platforms several offshore U.S. Gulf of

Mexico platforms

Source: Investing.com

Publicații recente
Stock Market Today: Dow closes at record as energy stocks ride oil prices higher
28.09.2024 - 00:00
Biden still opposes Nippon Steel deal's bid for U.S. Steel
28.09.2024 - 00:00
Brazil stocks lower at close of trade; Bovespa down 0.21%
28.09.2024 - 00:00
Mizuho is bullish on this underperforming chip stock
28.09.2024 - 00:00
Hybrid, electric car sales to outpace rest of the market in Brazil in 2030, study shows
28.09.2024 - 00:00
U.S. stocks mixed at close of trade; Dow Jones Industrial Average up 0.33%
28.09.2024 - 00:00
Canada stocks lower at close of trade; S&P/TSX Composite down 0.32%
28.09.2024 - 00:00
Citi warns some employees about misconduct by staff, contractors, memo says
27.09.2024 - 23:00
Nvidia falls as Beijing discourages local companies from buying Nvidia chips - BBG
27.09.2024 - 23:00
Volkswagen cuts guidance again as demand softens
27.09.2024 - 23:00
US-Mexico rail delays hit farm sector ahead of possible ports strike
27.09.2024 - 23:00
US fines Air Canada over flights over prohibited Iraqi airspace
27.09.2024 - 23:00
Fed chair Powell speech, Chicago PMI in focus Monday
27.09.2024 - 22:00
Carnival Corp, Park City Group set to report earnings Monday
27.09.2024 - 22:00
Alibaba, Nvidia among Friday's afternoon market cap stock movers
27.09.2024 - 22:00

© Analytic DC. All Rights Reserved.

new
Prezentare generală a pieței Cheltuielile de consum din SUA au înregistrat o creștere moderată în august
Bine ați venit în mesageria de suport!!
*
*

Solicitarea dvs. a fost trimisă cu succes!
Veți fi contactat în scurt timp.