Thursday, April 3, 2025
Twin U.S. Gulf Coast storms stir deep production cuts by energy giants- oil and gas 360

Twin U.S. Gulf Coast storms stir deep production cuts by energy giants

Reuters HOUSTON – Energy companies are moving to cut production at U.S. Gulf Coast oil refineries after shutting half the area’s offshore crude oil output ahead of back-to-back storms aiming for the coast this week. Tropical Storms Marco and Laura, a rare double-team approach to the U.S. Gulf Coast, threaten days of heavy rains and strong winds this week. Producers

Total and Mozambique sign security pact for $20 billion natural gas project- oil and gas 360

Total and Mozambique sign security pact for $20 billion natural gas project

Reuters MAPUTO – French oil major Total has signed a security pact with the Mozambique government to protect a $20 billion natural gas (LNG) project being developed in the southern African country, the company said on Monday. Mozambican security forces have been battling a low-level insurgency against militias suspected of having links to Islamic State in the gas-rich north of