Hurricane

Irma Has Company; October Called 2 Cents Higher

October natural gas is set to open 2 cents higher Wednesday morning at $2.99 as traders balance near-term cooling with an ever more active tropical storm dynamic. Overnight oil markets were mixed.

September 6, 2017

Harvey Recovery Continues as Sabine Pass Loading LNG, While Irma Churns Toward U.S.

Cheniere Energy Inc.’s natural gas export facility in Sabine Pass, TX, on Wednesday was said to be loading its first cargo in more than a week following shut-ins from Hurricane Harvey.

September 6, 2017
Florida NatGas, Power Utilities Prep for Potential Category 5 Irma Landfall; BP Evacuates in GOM

Florida NatGas, Power Utilities Prep for Potential Category 5 Irma Landfall; BP Evacuates in GOM

Hurricane Irma, a catastrophic Category 5 storm that was barreling through the Caribbean on Wednesday, is likely to have some impact on natural gas markets if it strikes the United States, which forecasters were anticipating.

September 6, 2017

Eagle Ford Operators Slowly Ramping Up Post-Harvey

Eagle Ford Shale producers working in South Texas are getting back to business, with some of the largest operators expecting to be operating within a week or two at the same level they were before Hurricane Harvey forced them to shutter operations.

September 6, 2017

Harvey Still Impacting Gulf Coast Infrastructure, with Irma Lurking

The worst may not be over for the Gulf Coast oil and gas industry in what one forecaster expects to be themost costly natural disasterin U.S. history. And Hurricane Irma, a Category 2 storm as of Thursday midday, now is lurking on the same early path across the Atlantic that Harvey took.

August 31, 2017

Correction

In the article titled “NatGas Price Spikes Possible as Demand Returns, Production Cuts Linger Post-Harvey,” it states that in 2005, hurricanes Katrina/Rita temporarily shut-in 8 Bcf/d of demand and permanently destroyed 1.7 Bcf/d of demand. Hurricanes Gustav/Ike in 2008 temporarily shut-in more than 7 Bcf/d of demand and around 1 Bcf/d was permanently destroyed. This statement was based on a report from Genscape Inc. which has indicated the report contained a typo and that it was actually supply(not demand)that was shut-in and permanently destroyed during all of those storms.

August 30, 2017

Energy Sector Directing Millions to Gulf Coast Hurricane Relief Efforts

The devastation from Hurricane Harvey will be difficult to overcome, but the energy industry is making an effort to ease the pain by donating money and time to relief efforts along the Gulf Coast.

August 29, 2017

Futures Unimpressed by Harvey; September Called 2 Cents Lower

September natural gas is expected to open 2 cents lower Friday morning at $2.93 as traders view the impact of Hurricane Harvey largely as one of limiting demand. Overnight oil markets rose.

August 25, 2017
Gulf Coast Could See Renewed Storm-Related Volatility As LNG Exports Grow, But It Won’t Be Armageddon

Gulf Coast Could See Renewed Storm-Related Volatility As LNG Exports Grow, But It Won’t Be Armageddon

It’s been 12 long, relatively quiet years since Hurricanes Katrina and Rita, which at their highest intensity both ranked as Category 5 storms, washed across the U.S. Gulf of Mexico (GOM) and destroyed natural gas and platforms and onshore infrastructure.

July 17, 2017
Gulf NatGas/Oil Operators on Alert For Two Tropical Systems

Gulf NatGas/Oil Operators on Alert For Two Tropical Systems

The National Hurricane Center (NHC) on Tuesday was tracking a tropical storm in the central Gulf of Mexico (GOM) and another, weakening storm off the northern coast of South America, and both could pose threats to U.S. offshore natural gas and oil operations.

June 20, 2017
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