Shell moves Gulf of Mexico staff ahead of storm
Houston
SHELL Oil Co, the US arm of Royal Dutch Shell, said it was removing non-essential workers from offshore platforms as a precautionary measure ahead of a low-pressure storm system given an 80 per cent chance of becoming a tropical cyclone in the next 48 hours.
Shell said there would be no impact to offshore production due to the removal of non-essential workers ahead of the storm system's approach to the US Gulf Coast. The US National Hurricane Center has warned tropical storm conditions could appear along the coasts of Texas and Louisiana as early as Tuesday.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
Exxon-Pioneer deal gets green light from US FTC, Pioneer exec barred from board
Shell maintains pace of buybacks as profit beats estimates
Gold prices drift higher as Fed stands pat on key interest rate
Oil falls to 7-week low on surprise US storage build, Middle East hopes
US, Philippines eye agreement to cut China nickel dominance
Oil eases on higher US crude output, hopes of Israel-Hamas ceasefire