Energy companies on Monday began preparations to resume oil and gas production in the U.S. Gulf of Mexico, a day after Tropical Storm Cristobal blew through with high winds and heavy rains.
FILE PHOTO: The logo of Royal Dutch Shell is seen at a petrol station in Sint-Pieters-Leeuw, Belgium January 30, 2019. REUTERS/Yves Herman/File Photo
Royal Dutch Shell Plc, Murphy Oil Corp and BP Plc were among the companies that said on Monday they were starting to resume normal operations and return workers to offshore facilities. U.S. Gulf Coast spot gasoline prices strengthened slightly on Monday, traders said, up 0.25 cent per gallon from Friday.
Exxon Mobil Corp, Shell and PBF Energy Inc kept their oil refineries in Louisiana in operation as Cristobal hit over the weekend, people familiar with the operations said.Exxon’s 502,500 bpd Baton Rouge, PBF’s 190,000 bpd Chalmette and Shell’s 225,300 bpd Norco, Louisiana, refineries were operating normally on Monday, the sources said.
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