Hurricane


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S&P Global Platts FACTBOX: Utilities, Oil Producers Brace for Hurricane Michael Along US Gulf

With Hurricane Michael expected to make landfall on the Florida Panhandle as a Category 3 storm Wednesday, offshore oil and gas producers were busy evacuating crews and shutting in production Monday. By mid-day, nearly 20% of Gulf of Mexico oil production had been taken offline. That number will l ...

OilVoice Press - OilVoice


Posted 1 month agoOpinion > S&P Global PlattsOilutilities +8

FACTBOX: Utilities, Oil Producers Brace for Hurricane Michael Along US Gulf

With Hurricane Michael expected to make landfall on the Florida Panhandle as a Category 3 storm Wednesday, offshore oil and gas producers were busy evacuating crews and shutting in production Monday. By mid-day, nearly 20% of Gulf of Mexico oil production had been taken offline. That number will l ...

OilVoice Press - OilVoice


Posted 1 month agoOpinion > utilitiesProducerHurricane +4

Hurricane Path, Not Just Size, Can Have a Large Effect on Oil and Gas Production

Source: U.S. Energy Information Administration, based on the U.S. Bureau of Safety and Environment Enforcement The 2018 Atlantic hurricane season produced 13 named storms as of October 5, including 6 hurricanes. The most recent of these storms that made landfall in the United States were Tropi ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 month agoOpinion > United StatesHurricaneGusar +7

S&P Global Platts FACTBOX - Natural Gas Demand Normalizes as Utilities Restore Hurricane Florence Outages

With Tropical Depression Florence now making its way northeast through Appalachia, utilities in the Carolinas made progress restoring the grid Monday, leading to increased power demand. That recovery in load also increased natural gas demand for power generation, contributing to a near 30 cent/MMB ...

OilVoice Press - OilVoice


Posted 2 months agoOpinion > S&P Global Plattsnatural gasgas +7

S&P Global Platts FACTBOX- Tropical Storm Florence Continues to Slice Power, Natural Gas Demand Saturday

Tropical Storm Florence was moving slowly through the Carolinas Saturday, having left nearly 1 million people without power in the area. By midafternoon Saturday utilities in the Carolinas and Virginia were reporting roughly 900,000 outages. Natural gas demand for power generation fell commensurat ...

OilVoice Press - OilVoice


Posted 2 months agoOpinion > S&P Global PlattsUnited StatesStorm +7

Hurricane Florence Update: Florence Expected to Produce a Demand Loss of 180-220 MB/D - Issued Sept. 13, 2018 - S&P Global Platts Analytics

Hurricane Florence is now approaching the Carolinas shores, where 1 million people are under evacuation. An additional 10 million will be directly affected by the storm in the week after landfall. We estimate that over the past 4 days oil demand has increased by approximately 170 MB/D, 3/4 of whic ...

OilVoice Press - OilVoice


Posted 2 months agoOpinion > HurricaneHurricane FlorenceS&P Global Platts +2

S&P Global Platts FACTBOX: Hurricane Florence Expected Path Shifts South as Energy, Commodity Markets Brace For Impact

Hurricane Florence's outer band is expected to reach the US East Coast by midday Thursday with strong winds, heavy rains and flooding likely to impact energy and commodity markets. The now Category 3 hurricane's expected path has shifted south, with the eye expected to make landfall in South Carol ...

OilVoice Press - OilVoice


Posted 2 months agoOpinion > S&P Global PlattsHurricaneHurricane Florence +10

Hurricane Florence Update - S&P Global Platts Analytics

S&P Global Platts Analytics Oil Spotlight Hurricane Florence – A Wild Card for Product Pricing The expected storm track for Hurricane Florence has shifted over the last 24 hours to a somewhat more coastal and southerly track.  While this will exacerbate flooding along the coast, it may re ...

OilVoice Press - OilVoice


Posted 2 months agoOpinion > HurricaneHurricane FlorenceUnited States +2

Hurricane Florence Likely to Affect Southeast U.S. Electric Power, Transportation Fuels

Source: U.S. Energy Information Administration, Energy Disruptions Map Hurricane Florence is expected to make landfall near the area of Wilmington, North Carolina, and Myrtle Beach, South Carolina as a Category 2 storm on Friday. The storm's high winds and heavy rainfall are likely to affe ...

OilVoice Press - OilVoice


Posted 2 months agoOpinion > HurricaneHurricane FlorenceUnited States +3

See Hurricane Florence Update - Threat to East Coast Supply, But Demand Hit Too - Issued Sept. 11, 2018 - S&P Global Platts Analytics

S&P Global Platts Analytics Oil Spotlight Hurricane Florence update: threat to East Coast supply, but demand hit too Hurricane Florence is on track to make landfall Friday morning, near Wilmington (NC) as potentially a category 4 storm. The storm could have significant implications on oil mar ...

OilVoice Press - OilVoice


Posted 2 months agoOpinion > S&P Global PlattsUnited StatesEast Coast +5

Hurricane Lane Approaches Hawaii, Threatens Energy Infrastructure

Source: U.S. Energy Information Administration, Energy Disruptions Map Hurricane Lane, a Category 3 hurricane, is currently on track to pass just to the south and west of Hawaii, bringing torrential rainfall and high winds to the islands. If Hurricane Lane makes landfall, it would be the fir ...

OilVoice Press - OilVoice


Posted 2 months agoOpinion > EIAEnergy Information Administration EIAHurricane +3

Oil Price, Sound, Faroe, Frontera, DGO, UOG, Echo, RockRose, Eco (Atlantic), Hurricane, and Finally…

WTI $73.45 +69c, Brent $77.85 +23c, Diff -$4.40 -46c, NG $2.94 -4c Oil Price Oil appreciated yesterday but I can add little, all is going as expected with a few twists. Supply is under pressure from all sides, WTI is being squeezed as Canadian imports fall as do inventories with refinery capa ...

Malcolm Graham-Wood - Malcy's Blog


Posted 4 months agoOpinion > oil priceMalcyMalcy's +14

U.S. Crude Oil Exports Increased Following Hurricane-Related Refinery Disruptions

Source: U.S. Energy Information Administration, Petroleum Supply Monthly From late August through September 2017, Hurricane Harvey caused disruptions to the U.S. Gulf Coast refining sector, resulting in record-high U.S. crude oil exports when export facilities reopened after the storm an ...

OilVoice Press - OilVoice


Posted 9 months agoOpinion > EIAEnergy Information Administration EIAUnited States +5

S&P Global Platts Preview of U.S. EIA Data: Likely to Show Crude Stocks Fell 3.9 Million Barrels

Production disruptions in the U.S. Gulf of Mexico because of Hurricane Nate likely kept alive a streak of U.S. crude oil inventories declines that have helped keep a floor under New York Mercantile Exchange (NYMEX) crude prices, according to an S&P Global Platts preview of this week's pending U.S. ...

OilVoice Press - OilVoice


Posted 1 year agoPress > S&P Global PlattsGulf Of MexicoUnited States +3

Marathon Oil Provides Post Harvey Operational Update

Marathon Oil Corporation (NYSE:MRO) today announced that the Company expects third quarter 2017 U.S. E&P production available for sale to average toward the high end of its guidance of 230,000 to 240,000 net barrels of oil equivalent per day (boed), despite the temporary impacts experienced from Hu ...

OilVoice Press - OilVoice


Posted 1 year agoPress > Marathon OilEast TexasHurricane