US upstream news
Chevron commits an additional US$250 000 to hurricane relief efforts
Chevron has announced a donation of US$250 000 to support relief and recovery efforts after Hurricane Milton devastated parts of Florida.
API data reveals huge rise in US crude oil inventories
Levels rose by almost 11 million bbl over the last few days, far higher than the previous week.
EIA: Hurricane Milton nears landfall on Florida’s west coast, disrupts energy infrastructure
According to the US Energy Information Administration, Hurricane Milton is expected to make landfall late Wednesday or early Thursday as a major hurricane on the west coast of Florida with sustained winds of 160 mph, creating the potential for significant disruptions to energy infrastructure.
EIA: short-term energy outlook
The US Energy Information Administration has released its short-term energy outlook for October.
Chevron shutters Gulf of Mexico oil platform as Hurricane Milton approaches
The US oil giant has closed its Blind Faith platform and evacuated staff as the category five storm approaches.
Rystad Energy's oil macro market update: 3 October 2024
Intensifying Middle East crisis pushes prices; high spare capacity keeps them in check for now – Rystad Energy's oil macro market update.
Hurricane Helene update: Gulf of Mexico's oil and gas operations recover
GlobalData: Gulf of Mexico's oil and gas operations recover as Hurricane Helene moves north.
MHI successfully delivers CO2 product compressor package for ExxonMobil’s Wyoming carbon capture project
MHI Compressor International Corporation successfully delivers CO2 product compressor package for ExxonMobil’s carbon capture project in Wyoming.
Devon Energy acquires Grayson Mill's US assets for US$5 billion
The acquired assets are expected to sustain a production level of around 100 000 boe/d by 2025, says GlobalData.
EIA: Category 3 Hurricane Helene nears landfall, disrupts energy infrastructure
As of 8:00 a.m. eastern time on 26 September, Hurricane Helene was expected to make landfall as a Category 3 hurricane on the eastern part of the Florida Panhandle late Thursday 26 September with sustained winds of 115 mph, creating the potential for significant disruptions to energy infrastructure.