Monday, January 6, 2025

Shipping Resumes in Houston Channel Fouled by Chemical Spill

From Bloomberg The U.S. Gulf Coast’s most important industrial waterway partially reopened on Monday after it was polluted with cancer-causing benzene and toxic runoff from the region’s worst chemical disaster in more than a decade. A two-mile (3.2-kilometer) stretch of the Houston Ship Channel’s that’s been closed for three days will be open during daytime hours while the clean-up continues. Pilots have been ordered

Total Wants to Drill for Oil in the World’s Fastest Ocean Current

From Bloomberg Total SA’s discovery of South Africa’s first oil in deep water could prove to be a bonanza for a country lacking crude reserves of its own and prompt a rush from other majors. That’s if they’re able to solve the engineering challenges of operating in one of the fastest ocean currents in the world. The Brulpadda find, with reserves estimated

Duke Energy Needs ‘Plan B’ If Atlantic Coast Pipeline Fails, CEO Says

From Bloomberg Duke Energy Corp. will need another way to shuttle natural gas to customers in the U.S. Southeast if the troubled Atlantic Coast shale pipeline fails to overcome legal setbacks, Chief Executive Officer Lynn Good said. “Atlantic Coast pipeline was sized and designed with a time frame to meet the needs of our customers,” Good said Monday in an interview

Stalled Aramco IPO Sets Back Deal-Making at U.S. Subsidiary Motiva

From Reuters Saudi Aramco’s delayed initial public offering is sidelining grand North American expansion plans at its U.S. refining subsidiary Motiva Enterprises LLC, people familiar with the matter said, at a time when its rivals grew their market share. After dissolving a partnership with Royal Dutch Shell PLC two years ago, Motiva set out to rebuild and boost market share

Shell - Oil & Gas 360

Shell Starts Exploratory Drilling for Oil and Gas Off Bulgarian Coast

From Reuters Royal Dutch Shell said on Tuesday it will start drilling an exploration well in a block off Bulgaria’s Black Sea coast next month for oil and gas. Shell has teamed up with Spain’s Repsol and Australia’s Woodside Energy after sealing a contract with Bulgaria in 2016 for deepwater exploratory drilling as part of Sofia efforts to end its