Tuesday, March 4, 2025
Shell begins Perdido evacuation as Hurricane Beryl threatens operations- oil and gas 360

Shell begins Perdido evacuation as Hurricane Beryl threatens operations

Oil Price Shell announced on Wednesday that it had safely paused some drilling operations in the Gulf of Mexico as Hurricane Beryl was preparing to deliver a massive blow to Jamaica, Reuters reported, noting that so far no impact on GOM production had been noted. On Wednesday, Shell said it had begun evacuating non-essential crew at its Perdido asset in

Geopolitical risk premium in U.S. gas prices is evaporating- oil and gas 360

Geopolitical risk premium in U.S. gas prices is evaporating

Oil Price U.S. natural gas prices are back to reflecting the domestic supply and demand balances, shaking off – for now – the geopolitical premium that ruled the energy and natural gas markets throughout most of 2022 after the Russian invasion of Ukraine in February. U.S. weather forecasts for the winter, storage levels, and production trends were the biggest drivers

U.S. oil M&A activity rises in second quarter on Appalachian gas deals: Enverus- oil and gas 360

U.S. oil M&A activity rises in second quarter on Appalachian gas deals: Enverus

Reuters Dealmaking activity in the U.S. oil patch improved in the second quarter, after a subdued start to the year, helped by deals targeting assets in the gas-rich Appalachian region, according to data from oil and gas analytics firm Enverus.   U.S. gas prices recovered in the last three months as a drop in oil output to counter a collapse