Featured Gas Oil

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

By Thompson ABISOLA

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.

Related posts

LASUTH holds woman’s corpse in morgue over N860,000 debt

Our Reporter

FG achieves 35% in-country value growth via local content

Abisola THOMPSON

Buhari should explain why he refused to sack service chiefs – PANDEF

Our Reporter

World’s largest passenger aircraft lands Accra again

Our Reporter

Nigeria records 6 COVID-19 related deaths, 537 across 7 states, FCT

Our Reporter

NCDMB unveils Ministerial Regulations, urges compliance from industry operators

Emeka Ugwuanyi