Hurricane Ida damages Shell’s facilities; 80% offshore oil still down
Hurricane Ida left a big toll on the energy sector. As of September 2, oil major Royal Dutch Shell said it identified damage from the...
Tag : U.S. Gulf of Mexico
Offshore oil in the U.S. still struggling to restart; refineries restart slowly
Offshore oil production in the U.S. is still struggling to come back online after Hurricane Ida landed in Louisiana last Sunday. After a week of...
Quantum Energy launches HEQ Deepwater for GoM developments
Quantum Energy Partners, a leading provider of private equity capital to the global energy industry, announced this Monday that, along with its partner Houston Energy;...
Hurricane fears pushes oil above $70 per barrel
Hurricane fears is pushing oil prices well above $70 per barrel; many companies began shutting down production in the Gulf of Mexico, as a storm...
Gulf of Mexico oil producers consolidate faster during the pandemic
Gulf of Mexico oil producers are consolidating at a faster rate, primarily due to the pandemic; U.S. government data shows, quoted by Reuters. Crushed prices...
BHP examining sale of O&G assets and shift to a low-carbon industry
Today, FT reported that BHP is allegedly examining options for its oil and gas assets, including a sale. Thus, the decision comes as the miner...
How offshore wind energy will be shaped in the U.S.: WEF
The nascent offshore wind energy industry in the United States is part of the Biden-Harris administration’s efforts to advance the United States in its climate...
Talos Energy and Storegga form CCS joint venture to seize market in the GOM
Talos Energy and Storegga announced this Tuesday a new joint venture focused on carbon capture and storage solutions (CCS); the joint venture will be particularly...