The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRDSA.L Share News (RDSA)

  • There is currently no data for RDSA

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE 1-Shell removing non-essential workers from Gulf of Mexico

Mon, 15th Jun 2015 01:50

(Recasts with Shell removing non-essential workers, details,background)

By Erwin Seba

HOUSTON, June 14 (Reuters) - Leading Gulf of Mexico oilproducer Shell Oil Co, the U.S. arm of Royal Dutch Shell Plc, said it was removing non-essential workers fromoffshore platforms as a precautionary measure ahead of alow-pressure storm system given an 80 percent chance of becominga tropical cyclone in the next 48 hours.

Shell said there would be no impact to offshore productiondue to the removal of non-essential workers ahead of the stormsystem's approach to the U.S. Gulf Coast.

The U.S. National Hurricane Center has warned that tropicalstorm conditions could appear along the coasts of Texas andLouisiana as early as Tuesday.

Earlier in the day, Shell said it was only monitoring thestorm system as did BP Plc.

But by Sunday night, Shell said it was withdrawing workerswho primarily provide support services to workers who operateoff-shore platforms.

"Shell has initiated efforts to reduce non-essentialpersonnel on some offshore assets as a precautionary measure inaddition to normal preparations for heavy weather," said Shellspokesman Ray Fisher.

Removal of non-essentials can also be the first taken priorto temporarily closing production, which happens when productionworkers are removed to safer areas on-shore.

U.S. oil companies have been closely watching the largetropical disturbance.

The system does not yet have a closed circulation needed toclassify it as a tropical storm or hurricane, but was producingwinds near gale force or about 38 miles per hour (61 kilometersper hour), or about half the strength of winds generated in theweakest hurricane.

The Hurricane Center as well as academic and private weatherforecasters are expecting a below-average number of stormsduring this year's Atlantic Ocean hurricane season. The seasonbegan on June 1 and lasts through Nov. 30.

Some forecasters have warned that the best chance for atropical storm to develop in the oil production areas off theU.S. Coast could come early in the season. A strong El Nino isexpected to form in the eastern Pacific later this summer andwould probably send high winds across the southern UnitedStates, disrupting tropical storm development.

The Gulf of Mexico produces 17 percent of U.S. crude oilproduction and 5 percent of dry national gas output, accordingto the U.S. Energy Information Administration.

Gulf Coast states of Texas, Louisiana and Mississippi arealso home to more than 45 percent of the nation's crude oilrefining capacity, according to the EIA. (Reporting by Erwin Seba; Editing by Bernard Orr and SandraMaler)

More News
20 Jan 2022 12:01

LONDON MARKET MIDDAY: FTSE 100 stalls as AB Foods drags on index

LONDON MARKET MIDDAY: FTSE 100 stalls as AB Foods drags on index

Read more
20 Jan 2022 09:54

UPDATE 2-Oil stocks, GSK weakness pull FTSE 100 lower; Deliveroo jumps

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Deliveroo fourth-quarter order growth jumps* Premier Foods top midcap gainer on strong profit outlook* Unilever abandons plan to buy GSK's ...

Read more
19 Jan 2022 21:37

Shell to carry out Pernis, Netherlands oil refinery maintenance until end of June

AMSTERDAM, Jan 19 (Reuters) - Royal Dutch Shell said on Wednesday it plans to carry out major maintenance work at its Pernis oil refinery in the Netherlands in the coming five months."We will inspect a large number of installations from the insid...

Read more
19 Jan 2022 08:56

LONDON MARKET OPEN: FTSE 100 steady despite UK inflation intensifying

LONDON MARKET OPEN: FTSE 100 steady despite UK inflation intensifying

Read more
18 Jan 2022 17:05

LONDON MARKET CLOSE: Stocks fall on worries over higher interest rates

LONDON MARKET CLOSE: Stocks fall on worries over higher interest rates

Read more
18 Jan 2022 13:08

UPDATE 1-Norway awards 53 new petroleum production licences

(Adds detail, quotes)OSLO, Jan 18 (Reuters) - Norway awarded 53 new petroleum production licences on the Norwegian continental shelf in the latest licensing round for mature areas, the oil and energy ministry said on Tuesday.Stakes were offered to...

Read more
18 Jan 2022 13:00

Angry investors seek to appoint board member to Third Point UK fund

LONDON, Jan 18 (Reuters) - Activist investors in Third Point's London-listed fund want independent director Richard Boleat appointed to the board to improve corporate governance, they said in a letter to shareholders on Tuesday.Third Point Investo...

Read more
18 Jan 2022 12:51

UPDATE 2-Climate activists lose court case against UK oil regulator

(Adds reaction from government minister)By Shadia NasrallaLONDON, Jan 18 (Reuters) - A UK High Court on Tuesday threw out a case brought by climate activists against the country's oil and gas regulator OGA, rejecting their argument that the OGA's ...

Read more
18 Jan 2022 12:51

UPDATE 1-Climate activists lose court case against UK oil regulator

(Add climate activists' response)By Shadia NasrallaLONDON, Jan 18 (Reuters) - A UK High Court on Tuesday threw out a case brought by climate activists against the country's oil and gas regulator OGA, rejecting their argument that the OGA's actions...

Read more
18 Jan 2022 12:14

LONDON MARKET MIDDAY: Markets red as inflation worries return to fore

LONDON MARKET MIDDAY: Markets red as inflation worries return to fore

Read more
18 Jan 2022 09:44

LONDON BROKER RATINGS: Goldman Sachs raises BT to Conviction Buy

LONDON BROKER RATINGS: Goldman Sachs raises BT to Conviction Buy

Read more
18 Jan 2022 09:03

LONDON MARKET OPEN: FTSE 100 slips despite oil boosting BP and Shell

LONDON MARKET OPEN: FTSE 100 slips despite oil boosting BP and Shell

Read more
17 Jan 2022 10:33

UPDATE 2-Oil majors, Iberdrola among winners set to harness Scottish wind

(Updates throughout)By Nina ChestneyLONDON, Jan 17 (Reuters) - Utility Iberdrola and oil majors BP and Shell are among companies offered seabed rights to develop offshore wind projects in the first tender of its kind in over a decade, Crown Estate...

Read more
17 Jan 2022 10:33

UPDATE 3-Scottish wind sale nets nearly $1 billion with Shell, BP among winners

(Adds comment from Shell, BP, analysts)By Nina ChestneyLONDON, Jan 17 (Reuters) - BP, Shell and utility Iberdrola were among the winners of seabed rights to develop Scottish offshore wind projects, in an auction which raised nearly 700 million pou...

Read more
17 Jan 2022 10:33

UPDATE 1-Crown Estate Scotland offers 17 projects seabed rights for offshore wind

(Adds more detail)By Nina ChestneyLONDON, Jan 17 (Reuters) - Crown Estate Scotland said on Monday it has offered seabed right agreements to 17 projects in its ScotWind leasing round which is aimed at supporting wind energy development.Out of 74 ap...

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.