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U.S. Gulf of Mexico oil, gas producers begin restarting after Barry

2 hours ago DieselGasoil Comments Off on U.S. Gulf of Mexico oil, gas producers begin restarting after Barry
HOUSTON (Reuters) – U.S. oil companies on Monday began restoring some of the more than nearly 74% production shut at U.S. Gulf of Mexico platforms ahead of Hurricane Barry, the U.S. offshore drilling regulator said. There was 1.3 million barrels per day (bpd) of oil production off line in the U.S.-regulated areas of the Gulf Read More

Targa Resources Partners LP Announces Monthly Distribution on Preferred Units

2 hours ago DieselGasoil Comments Off on Targa Resources Partners LP Announces Monthly Distribution on Preferred Units
HOUSTON, July 15, 2019 (GLOBE NEWSWIRE) — Targa Resources Partners LP (“Targa Resources Partners” or the “Partnership”) (NYSE: NGLS PR A) announced its monthly distribution on the Partnership’s 9.00% Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (“Series A Preferred Units”) for July 2019. Targa Resources Partners LP announced today that the board of Read More

Oil dips as US Gulf production, refining operations return to normal

2 hours ago DieselGasoil Comments Off on Oil dips as US Gulf production, refining operations return to normal
New York — Oil futures settled lower Monday, shedding risk premiums as Hurricane Barry continued to weaken far inland and Gulf Coast oil operations began to normalize. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now NYMEX August WTI closed at $59.58/b, down 63 cents, while ICE September Brent fell Read More

Delek US Holdings Names Daryl Schofield EVP of Business Development

9 hours ago DieselGasoil Comments Off on Delek US Holdings Names Daryl Schofield EVP of Business Development
BRENTWOOD, Tenn., July 15, 2019 (GLOBE NEWSWIRE) — Delek US Holdings, Inc. (NYSE: DK) (“Delek”) today announced that Daryl Schofield will join Delek in August as Executive Vice President of Business Development. In his position, Schofield will focus on enhancing and implementing Delek’s ambitious growth strategy. Uzi Yemin, Chairman, President and CEO of Delek, said, Read More

Remnants of storm Barry dump more rain in the U.S. southeast

13 hours ago DieselGasoil Comments Off on Remnants of storm Barry dump more rain in the U.S. southeast
NEW ORLEANS (Reuters) – The remnants of the once mighty storm Barry, the first hurricane of the 2019 season, dumped dangerous amounts of rain as it crawled north through the United States on Monday after coming ashore west of New Orleans at the weekend. Crews clear debris from Highway 23 during Hurricane Barry in Plaquemines Read More

Barry likely to weaken further by Monday evening: NHC

17 hours ago DieselGasoil Comments Off on Barry likely to weaken further by Monday evening: NHC
Crews clear debris from Highway 23 during Hurricane Barry in Plaquemines Parish, Louisiana, U.S. July 14, 2019. REUTERS/Jonathan Bachman (Reuters) – Tropical depression Barry is expected to weaken further in the next 24 hours, the National Hurricane Center said in its latest advisory. The system, located 70 miles (115 km) north of Shreveport, Louisiana with Read More

Crude oil futures slip as Storm Barry weakens, IEA report bearish

18 hours ago DieselGasoil Comments Off on Crude oil futures slip as Storm Barry weakens, IEA report bearish
Singapore — Crude oil futures were lower during mid-morning trade in Asia Monday as markets began to recover from Tropical Storm Barry, while a bearish outlook on oil fundamentals by the International Energy Agency also pushed prices lower. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now At 10:40 am Read More

New Orleans cargo traffic set to resume as Barry weakens

1 day ago DieselGasoil Comments Off on New Orleans cargo traffic set to resume as Barry weakens
Washington — The port of New Orleans opened to some traffic Sunday and was expected to resume normal cargo operations Monday as Tropical Storm Barry headed further inland. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Register Now The storm was expected to weaken to a tropical depression later Sunday, the Read More

Louisiana refinery preps for restart as Storm Barry blows over

1 day ago DieselGasoil Comments Off on Louisiana refinery preps for restart as Storm Barry blows over
HOUSTON (Reuters) – Phillips 66 was preparing on Sunday to begin a restart on Monday of its southeast Louisiana refinery, which was shut because of the threat of Tropical Storm Barry, the company said. The Phillips 66 Lake Charles Refinery is pictured in West Lake, Louisiana, U.S., June 12, 2018. REUTERS/Jonathan Bachman Barry has shut Read More