Gulf of Mexico

U.S. Gulf Coast energy firms face another hurricane hit

Evacuations were underway on Monday from offshore U.S. Gulf of Mexico oil platforms as onshore oil refiners began preparing for…

4 years ago

Oil rises on declining inventories and weaker dollar

Oil prices edged higher on Thursday, supported by a sharp decline in U.S. crude stocks and a weaker dollar, though…

4 years ago

Floods, outages stall energy firms’ restart efforts after Ida

Widespread flooding, power outages and debris-strewn roads slowed recovery efforts by energy companies on Tuesday after Hurricane Ida ripped into…

4 years ago

Oil edges lower as U.S. pushes OPEC to pump more

Oil slipped on Tuesday as OPEC and allies geared up for a meeting on Wednesday amid calls from the United…

4 years ago

Marketmind: Just a little bit longer

A consensual takeaway from Federal Reserve Chairman Jerome Powell's remarks at the Jackson Hole Symposium is that investors will be…

4 years ago

BHP, Woodside investors jittery over $29 billion petroleum merger

Shares in BHP Group (BHP.AX) and Woodside Petroleum (WPL.AX) fell on Wednesday as investors on both sides raised questions about the value of the…

4 years ago

U.S. Gulf of Mexico oil producers consolidation accelerates

Oil and gas producers in U.S. Gulf of Mexico have consolidated at a faster rate during the pandemic, new government…

4 years ago