Petrochemicals
Petrochemicals , Natural Gas , Crude Oil , Pipelines
Storm Knocks Out US Gulf of Mexico Natural Gas Pipeline
An offshore natural gas pipeline that serves four major U.S. Gulf of Mexico production platforms remained out of commission on Aug. 31, pipeline operator Enbridge said, following Hurricane Laura.
Exploration & Production , Petrochemicals , Crude Oil
US Gulf of Mexico Oil Output Remains Lower in Wake of Storm
U.S. Gulf of Mexico crude oil output remained down 70%, according to data released on Aug. 30, as oil and gas companies continued to return crews to offshore facilities that were evacuated ahead of Hurricane Laura.
Petrochemicals , Liquefied Natural Gas (LNG) , Natural Gas , Crude Oil
US Oil, Gas Exports Severely Disrupted by Hurricane Laura
The closures of Houston Port, Beaumont and Port Arthur due to Hurricane Laura were expected to reduce seaborne crude oil export capacity in the U.S. by nearly 1 million bbl/d.
Exploration & Production , Petrochemicals , Natural Gas , Crude Oil , Pipelines
US Energy Firms Assess Damage as Hurricane Laura Races North
Operators were scheduling reconnaissance flights over the more than 300 offshore oil and gas platforms and drilling rigs prior to Hurricane Laura reaching the Gulf of Mexico oil fields.
Petrochemicals , Crude Oil
Stronger Hurricane Laura Takes Aim at Heart of US Oil Refining Industry
Six oil-processing plants that convert nearly 2.33 million bbl/d of oil into fuel, and account for about 12% of U.S. processing, were shut down on Aug. 26. as Hurricane Laura moves toward the Texas/Louisiana coast.
Exploration & Production , Petrochemicals , Natural Gas , Crude Oil , Midstream
Hurricane Laura Poses Biggest Threat to US Oil in 15 Years
Oil producers on Aug. 25 had evacuated 310 offshore facilities and shut 1.56 million bbl/d of crude output, 84% of Gulf of Mexico's offshore production, near the 90% outage that Katrina brought 15 years ago.
Exploration & Production , Petrochemicals , Natural Gas , Crude Oil , Midstream
Twin US Gulf Coast Storms Stir Deep Production Cuts by Energy Giants
Oil and gas firms had shut wells in the U.S. Gulf of Mexico accounting for 1 million bbl/d of oil on Aug. 23, as one storm is forecast to become a damaging Category 2 hurricane.
Petrochemicals , Crude Oil
What’s Affecting Oil Prices This Week? (Aug. 24, 2020)
The Brent-WTI differential is expected to narrow during the week—stemming from WTI gaining support from the hurricanes headed toward the U.S. Gulf Coast.
Petrochemicals , Natural Gas liquids (NGL)
Asia to Import Record LPG in 2020 as Pandemic Boosts Demand
Households in lockdown ramped up purchases for cooking; petrochemical output has increased to make protective gear.
Petrochemicals , Crude Oil , Trade , Midstream
What’s Affecting Oil Prices This Week? (Aug. 17, 2020)
The tip of the iceberg—what comes next for global refining capacity?