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UPDATE 3-U.S. Gulf Coast prepares for second hurricane in a month

Sun, 13th Sep 2020 20:08

(Updates with latest details on storm speed and location, new
oil facility closures in Gulf of Mexico)

HOUSTON, Sept 13 (Reuters) - Tropical Storm Sally
strengthened off the west coast of Florida on Sunday and was
poised to become a category 2 hurricane, bringing the threat of
dangerous storm surges and high winds to the U.S. Gulf Coast,
the National Hurricane Center (NHC) said.

The storm track was disrupting oil production in the U.S.
Gulf of Mexico for a second time in less than a month. The
Miami-based NHC said the storm was likely to reach hurricane
strength on Monday, and approach the north-central Gulf Coast
late on Monday and Tuesday.

Hurricane conditions were expected by early Tuesday from
Grand Isle, Louisiana to Ocean Springs, Mississippi, including
New Orleans, the center said.

Louisiana Governor John Bel Edwards said he had spoken
earlier in the day to U.S. President Donald Trump and had also
requested a federal declaration of emergency in advance of
Sally, which allows for early support from the federal
government.

"We have every reason to believe that this storm represents
a very significant threat to the people of southeast Louisiana,"
Bel Edwards told a news conference.

As of 4 p.m. CDT (2100 GMT), Sally was about 165 miles (265
km) south of Panama City, Florida, and heading west-northwest
with top sustained winds of 60 miles per hour (95 kph).

Sally is expected to become a category 2 hurricane with
100-mile-per-hour (161-kph) winds by the time it makes landfall
in southeast Louisiana on Tuesday, an official with the U.S.
National Weather Service said.

"VERY, VERY HEAVY RAINFALL"

Sally carried the danger of storm surges - when the ocean
rises at the coast over normal tide levels - of up to 11 feet
(3.35 m), and rainfall of up to 12 inches (30 cm), the center
said.

"The biggest issue here is going to be life-threatening
storm surge and then the very, very heavy rainfall that's going
to accompany this," said Jim Foerster, chief meteorologist for
DTN, an energy, agriculture and weather data provider.

The storm follows Laura, which rampaged across the Gulf of
Mexico three weeks ago and grew into a Category 4 hurricane with
150 mph (240 kph) winds. It shut hundreds of offshore oil
facilities, leveled coastal Louisiana towns and left residents
of Louisiana and Texas without power for weeks.

On Sunday, two more oil companies, BP Plc and Equinor
ASA, evacuated staff from some offshore platforms
following similar action by Chevron Corp and Murphy Oil
Corp on Saturday.

BP said it evacuated non-essential workers from its Nakika
and Thunderhorse platforms in the northeastern Gulf of Mexico,
while Equinor shit its Titan platform.

Laura halted up to 1.5 million barrels per day of output and
a half dozen refineries, two of which are still in the process
of making repairs.

Mandatory evacuation was also ordered in parts of Louisiana
on Sunday.

Further off in the Atlantic Ocean, Hurricane Paulette was
moving closer to Bermuda, and was expected to move near or over
the island on Monday morning, the NHC said. Paulette was
carrying top sustained winds of 75 mph (120 kph) and was
expected to strengthen during Sunday.

(Reporting by Gary McWilliams
Additional reporting by Joshua Franklin in Boston
Writing by Frances Kerry
Editing by Susan Fenton, Nick Zieminski and Diane Craft)

More News
18 Apr 2024 14:45

BP's gas and renewables boss steps down, as CEO shrinks leadership

LONDON, April 18 (Reuters) - BP said on Thursday its head of natural gas and low carbon energy Anja-Isabel Dotzenrath will step down after just over two years, while CEO Murray Auchincloss announced plans to simplify its management structure.

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18 Apr 2024 14:12

UK shareholder meetings calendar - next 7 days

Friday 19 April 
Murray International Trust PLCAGM
Quantum Exponential Group PLCGM re delisting or potential investment in company
Monday 22 April 
Renalytix PLCGM
Travis Perkins PLCAGM
Tuesday 23 April 
AIQ LtdAGM
NatWest Group PLCAGM
Taylor Wimpey PLCAGM
Wednesday 24 April 
abrdn PLCAGM
abrdn Equity Income Trust PLCAGM
AssetCo PLCAGM
Breedon Group PLCAGM
British American Tobacco PLCAGM
Bunzl PLCAGM
Coro Energy PLCAGM
Croda International PLCAGM
Entain PLCAGM
Greencoat UK Wind PLCAGM
Primary Health Properties PLCAGM
Serco Group PLCAGM
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Admiral Group PLCAGM
Beazley PLCAGM
BP PLCAGM
CLS Holdings PLCAGM
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Develop North PLCAGM
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Hammerson PLCAGM
Helios Towers PLCAGM
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International Biotechnology Trust PLCAGM
London Stock Exchange Group PLCAGM
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Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
18 Apr 2024 12:02

LONDON MARKET MIDDAY: FTSE 100 up despite hawkish Fed rates outlook

(Alliance News) - Stock prices in London were higher on Thursday afternoon, despite the prospect of higher for longer US interest rates hanging over stocks.

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18 Apr 2024 09:04

IN BRIEF: BP trims executive team in operational restructuring

BP PLC - London-based oil and gas major - Announces organisational restructuring. Intends to keep its three businesses - production & operations, gas & low carbon energy and customers & products - enabled by trading & shipping. Plans to integrate the current regions, corporates & solutions organisation into the businesses and functions. BP will now be supported by five functions: finance; technology; strategy, sustainability & ventures; people & culture; and legal. BP explains these changes will "reduce duplication and reporting line complexity".

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18 Apr 2024 08:11

BP cuts size of executive team, shakes up structure

(Sharecast News) - BP has trimmed its executive team as part of a shake-up of its organisational structure, it was confirmed on Thursday.

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17 Apr 2024 18:58

Shell urges investors to reject shareholder group's climate demands

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17 Apr 2024 17:36

Sustainable Finance Newsletter - Republican AGs look to limit climate groups

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Shell urges investors to reject shareholder group's climate demands

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17 Apr 2024 10:38

Carbon Done Right advances Sierra Leone rewilding project

(Alliance News) - Carbon Done Right Developments Inc on Wednesday said it has received the fourth disbursement of financing for its reforestation project in West Africa.

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15 Apr 2024 17:10

LONDON MARKET CLOSE: Investors show nerves after Iran launches drones

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London close: Stocks slip on renewed geopolitical tensions

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15 Apr 2024 11:56

LONDON MARKET MIDDAY: Oil falls despite rising Iran-Israel tensions

(Alliance News) - London's FTSE 100 was down at midday on Monday, as oil majors BP and Shell were hurt by falling prices, with investors showing caution following Iran's strikes on Israel over the weekend.

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15 Apr 2024 08:59

LONDON MARKET OPEN: FTSE 100 falls as oil lower despite Iran strikes

(Alliance News) - Stock prices in London opened lower on Monday, with a decline in oil prices sending Shell and BP lower, in a cautious start to the week following Iran's strikes on Israel over the weekend.

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13 Apr 2024 16:52

Sector movers: Investors seek out safe havens across all asset classes

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12 Apr 2024 17:28

FTSE 100 sets near record close as commodity stocks shine

FTSE 100 up 0.9%, FTSE 250 off 0.3%

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