Producers shut 19% of Gulf of Mexico oil output as storm looms

Tue, Oct 9, 2018 | By publisher


Foreign

OIL and gas producers have shut 19 per cent of oil production and 11 per cent of natural gas production in the U.S. Gulf of Mexico.

They are shut ahead of Hurricane Michael, the Bureau of Safety and Environmental Enforcement (BSEE) said on Monday.

The closures represent 324,190 barrels of oil per day and 283.88 million cubic feet per day of natural gas, BSEE said.

The reports are compiled from eight companies imputs. Exxon Mobil, BP and Equinor have all evacuated staff ahead of the storm.

-Reuters/NAN

– Oct. 9, 2018 @ 09:19 GMT |

Tags:


Koreans, Nigerians celebrate 2024 Nobel Prize laureate, Han Kang

KOREANS and Nigerians in Federal Capital Territory (FCT), on  Friday  celebrated Korean literary icon, Han Kang, for winning the 2024  Nobel...

Read More
Morocco accelerates regionalisation process with 4 new agreements

TANGIER (Morocco), Dec. 21, 2024 (NAN) The Kingdom of Morocco’s 12 regions and several ministerial departments, have signed four framework...

Read More
South Korean President Fails To Appear Before Corruption Watchdog

SOUTH Korea’s impeached President Yoon Suk Yeol failed to appear before the country’s corruption watchdog on Wednesday, it said, after...

Read More