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TC Energy to Issue Second Quarter Results August 1

25 mins ago DieselGasoil Comments Off on TC Energy to Issue Second Quarter Results August 1
CALGARY, Alberta, July 15, 2019 (GLOBE NEWSWIRE) — News Release — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy) will hold a teleconference and webcast on Thursday, August 1, 2019 to discuss its second quarter 2019 financial results which will be released pre-market. Russ Girling, TC Energy President and Chief Executive Officer, Don Marchand, Executive Read More

U.S. judge slashes Roundup jury award to $25.3 million from $80.3 million

55 mins ago DieselGasoil Comments Off on U.S. judge slashes Roundup jury award to $25.3 million from $80.3 million
FILE PHOTO: A logo of Bayer AG is pictured at the so called ‘Chempark’, the main plant and headquarters of German pharmaceutical and chemical maker Bayer AG in Leverkusen, Germany, July 3, 2019. REUTERS/Thilo Schmuelgen (Reuters) – A federal judge on Monday slashed a damages award that Bayer AG (BAYGn.DE) owed a California man who Read More

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

55 mins 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

Analysis: US crude stocks likely dip last week in wake of Barry-induced shut-ins

1 hour ago DieselGasoil Comments Off on Analysis: US crude stocks likely dip last week in wake of Barry-induced shut-ins
Highlights Crude stocks expected down 4.2 million barrels at 454.8 million barrels Hurricane Barry shuts-in bulk of Gulf of Mexico offshore production Export slowdown likely blunts overall crude draw New York — Production shut-ins in the Gulf of Mexico ahead of Hurricane Barry likely contributed to a sharp decline in US crude stocks last week, Read More

More than half of US Gulf of Mexico oil, gas output remains shut after Barry: BSEE

1 hour ago DieselGasoil Comments Off on More than half of US Gulf of Mexico oil, gas output remains shut after Barry: BSEE
Washington — About 1.3 million b/d, or 69%, of oil production and 1.7 Bcf/d, or 61%, of natural gas output in the Gulf of Mexico remains shut as drillers start returning to platforms evacuated ahead of Hurricane Barry, the US Bureau of Safety and Environmental Enforcement said Monday. Not registered? Receive daily email alerts, subscriber Read More

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

1 hour 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

Oil prices fall on fading storm impact, Chinese economic data

3 hours ago DieselGasoil Comments Off on Oil prices fall on fading storm impact, Chinese economic data
NEW YORK (Reuters) – Oil prices edged lower on Monday on signs that the impact of a tropical storm on U.S. Gulf Coast production and refining would be short-lived, while Chinese economic data dimmed the crude demand outlook. A horizontal drilling rig on a lease owned by Parsley Energy operates at sunrise in the Permian Read More

U.S. Gulf of Mexico oil, gas production begins restarting after Barry

3 hours ago DieselGasoil Comments Off on U.S. Gulf of Mexico oil, gas production begins restarting after Barry
HOUSTON (Reuters) – U.S. offshore oil producers restarted 4% of the production shut by Tropical Storm Barry last week, according to a report on Monday by the U.S. Bureau of Safety and Environmental Enforcement (BSEE). A total of 69%, or 1.3 million barrels per day (bpd), of oil production in the U.S.-regulated areas of the Read More

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

17 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

23 hours 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