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☆ Oil slips as U.S. storm threat eases, China stimulus disappoints
▼ + stars: | 2024-11-11 | by ( ) www.cnbc.com time to read: +2 min

Oil prices extended declines on Monday as the threat of a supply disruption from a U.S. storm eased and after China's stimulus plan disappointed investors seeking fuel demand growth in the world's No. Oil consumption in China, the world's driver of global demand growth for years, has barely grown in 2024 as its economic growth has slowed, gasoline use has declined with the rapid growth of electric vehicles and liquefied natural gas has replaced diesel as a truck fuel. Oil prices have also eased after concerns about supply disruption from storm Rafael in the U.S. Gulf of Mexico subsided. More than a quarter of U.S. Gulf of Mexico oil and 16% of natural gas output remained offline on Sunday, according to the offshore energy regulator. Looking ahead, uncertainty from policies under U.S. President-elect Donald Trump have clouded the global economic outlook although expectations that he could tighten sanctions on OPEC producers Iran and Venezuela and cut oil supply to global markets partly caused oil prices to gain more than 1% last week.

Persons: Tony Sycamore, Rafael, Donald Trump, refiners Organizations: Brent, West Texas, National People's Congress, ANZ, Central Economic Work Conference, U.S Locations: U.S, China, U.S . Gulf, Mexico, Iran, Venezuela

☆ Oil prices regain ground as investors eye U.S. election fallout
▼ + stars: | 2024-11-07 | by ( ) www.cnbc.com time to read: +2 min

Oil prices edged up on Thursday following a sell-off triggered by the U.S. presidential election, as risks to oil supply from a Trump presidency and a hurricane building in the Gulf Coast outweighed a stronger U.S. dollar and higher inventories. Brent crude oil futures rose 26 cents, or 0.35%, to $75.18 per barrel by 0125 GMT. Trump's election had initially triggered a sell-off that pushed oil prices down by more than $2 as the U.S. dollar rose to its highest level since September 2022. Donald Trump is expected to reimpose his "maximum pressure policy" of sanctions on Iranian oil. U.S. crude inventories rose by 2.1 million barrels to 427.7 million barrels in the week ending on Nov. 1, the U.S. Energy Information Administration said on Wednesday, compared with expectations for a 1.1 million-barrel rise.

Persons: Tony Sycamore, Brent, Donald Trump, Trump, Biden, Hurricane Rafael Organizations: U.S, Trump, Brent, . West Texas, IG, U.S . Bureau of Safety, Environmental Enforcement, U.S . Energy, Administration Locations: Gulf, Iran, Venezuela, China, North America, Hurricane, U.S . Gulf, Mexico

☆ Florida woman used Roblox to instruct 10-year-old to kill infant by dropping him on floor, officials say
▼ + stars: | 2024-10-22 | by ( Minyvonne Burke | Minyvonne Burke Is A Senior Breaking News Reporter For Nbc News. | ) www.nbcnews.com time to read: +3 min

An arrest report alleged that Sykes communicated with her 10-year-old daughter on the online gaming platform Roblox and instructed the girl "on various methods to kill the infant." "Sykes instructed the 10-year-old to drown the infant in the bathtub, burn the infant with scalding water, and drop the infant on the floor to kill the infant," the sheriff's office said. On Thursday, the sheriff's office was contacted by Gulf Coast Kids House about a 2-month-old infant who had suffered serious injuries after being dropped on the kitchen floor by the 10-year-old. Morgan Lewis, a spokesperson with the sheriff’s office, said the 2-month-old is expected to survive. The sheriff's office spokesperson said they do not foresee the 10-year-old being charged.

Persons: Tara Alexis Sykes, Sykes, Morgan Lewis, Chip W, Simmons Organizations: Escambia County Sheriff’s, Gulf Coast Kids House, Gulf Coast Kids Locations: Florida, Escambia County

☆ Oil edges lower after rallying to highest in over a month on Middle East war risk
▼ + stars: | 2024-10-08 | by ( ) www.cnbc.com time to read: +2 min

An oil pumpjack (L) operates as another (R) stands idle in the Inglewood Oil Field on January 28, 2022 in Los Angeles, California. Oil prices edged lower in early Asian trading hours on Tuesday as traders booked profits after prices rallied to their highest in over a month on Monday amid fears that the Middle East could be on the brink of a region-wide war. Israel has sworn to retaliate and is weighing its options, with Iran's oil facilities considered a possible target. However, some analysts believe that an attack on Iranian oil infrastructure is unlikely and have warned that oil prices could face considerable downward pressure if Israel focuses on any other target. U.S. crude oil inventories are expected to rise by 1.9 million barrels in the week ended Oct. 4, according to a preliminary Reuters poll.

Persons: Israel, Hurricane Milton Organizations: Inglewood Oil Field, . West Texas, Organization of Petroleum, ANZ Bank, American Petroleum Institute, Energy, Administration Locations: Inglewood, Los Angeles , California, Middle, Iran, Haifa, Israel, Lebanon, Gaza, Hurricane, Florida, U.S . Gulf of Mexico, .

☆ Oil prices steady as China stimulus hopes fade, U.S. crude stockpiles fall
▼ + stars: | 2024-09-25 | by ( ) www.cnbc.com time to read: +2 min

General view of the Towers and oil platforms of the State oil Company of Venezuela, Venezuelan oil Company SA. Oil prices steadied on Wednesday after rising in the previous session on fading excitement for the economic stimulus in China, the world's biggest crude importer, though an industry report showing falling U.S. crude and fuel inventories supported the market. Analysts, however, warned that more fiscal help was needed to boost confidence in the world's second-largest economy, which reduced the initial impact on oil prices from the announcement. Still, declining U.S. crude oil and fuel stockpiles provided some support for the market, which has generally risen since prices fell to their lowest since 2021 on Sept. 10. U.S. oil stockpiles dropped by 4.34 million barrels last week while gasoline inventories fell by 3.44 million barrels and distillate stocks fell by 1.12 million barrels, according to market sources citing American Petroleum Institute figures on Tuesday.

Persons: Ibrahim Qubaisi, Israel, Qubaisi Organizations: State, Company, Venezuelan, Company SA, Brent, . West Texas, China, American Petroleum Institute, Hezbollah, Wednesday, Israel, Gulf Locations: Venezuela, China, U.S, East, Iran, Lebanon, Israel, Florida, Texas , Louisiana, Mississippi

☆ Oil prices rise on concerns of wider Middle East conflict, U.S. storm
▼ + stars: | 2024-09-24 | by ( ) www.cnbc.com time to read: +2 min

Oil prices rose on Tuesday on concerns the intensifying conflict between Israel and Hezbollah may impact supply in the key Middle East producing region and a tropical storm may impact output in the U.S., the world's biggest crude producer, later this week. Oil prices rose on Tuesday on concerns the intensifying conflict between Israel and Hezbollah may impact supply in the key Middle East producing region and a tropical storm may impact output in the U.S., the world's biggest crude producer, later this week. Brent crude futures for November were up 21 cents, or 0.3%, at $74.11 a barrel at 0030 GMT. "The oil market has been concerned that rising tensions in the region were dragging the OPEC oil producer closer to engagement," said ANZ bank said in a note, referring to Iran. U.S. oil producers were evacuating staff from Gulf of Mexico oil production platforms as forecasters predicted the second major hurricane in two weeks could tear through offshore oil producing fields.

Organizations: Brent, Hezbollah, ANZ, U.S, National Hurricane Center Locations: Israel, U.S, Lebanon, Iranian, Hamas, Gaza, Iran, Gulf Coast, Gulf, Mexico, Cuba

☆ Oil extends gains on U.S. output concerns, expected drop in stockpiles
▼ + stars: | 2024-09-17 | by ( ) www.cnbc.com time to read: +1 min

Oil prices extended gains on Tuesday as the market eyed U.S. output concerns in the aftermath of Hurricane Francine and expectations of lower U.S. crude stockpiles. The market is keeping a close watch on the upcoming decision by the U.S. Federal Reserve on the interest rate cut. A lower interest rate will reduce the cost of borrowing and can potentially lift oil demand by supporting economic growth. "Growing expectations of an aggressive rate cut boosted sentiment across the commodities complex," said ANZ analysts in a note, adding that ongoing supply disruptions also supported oil markets. China's oil refinery output fell for a fifth month in August amid declining fuel demand and weak export margins, government data showed on Saturday.

Persons: Hurricane Francine Organizations: Brent, Federal, U.S . Bureau of Safety, U.S . Federal Reserve, ANZ, Investors Locations: U.S . Gulf, Mexico, U.S, China

☆ Oil prices extend recovery rally to cap volatile week
▼ + stars: | 2024-09-13 | by ( ) www.cnbc.com time to read: +2 min

Brent crude futures rose by 34 cents, or 0.5%, to $72.31 per barrel by 0016 GMT. U.S. West Texas Intermediate crude futures rose by 38 cents, or 0.6%, to $69.35 a barrel. Official data showed nearly 42% of the region's oil output was shut-in as of Thursday. A shift towards lower-carbon fuels is also weighing on China's oil demand, speakers at the APPEC conference said this week. China's crude oil imports averaged 3.1% lower this year from January through August compared to the same period last year, customs data showed on Tuesday.

Persons: Phillips, Hurricane Francine, Brent, Francine Organizations: Brent, . West Texas, UBS, Organization of Petroleum, International Energy Agency, U.S . Energy, Administration Locations: Linden , New Jersey, United States, U.S . Gulf of Mexico, Louisiana, China, U.S

☆ Oil prices flat as lower demand signs outweigh U.S. hurricane impact
▼ + stars: | 2024-09-12 | by ( ) www.cnbc.com time to read: +1 min

Oil prices were flat on Thursday as concerns about lower demand erased the gains from the previous session spurred by Hurricane's Francine's impact on output in the U.S., the world's biggest crude producer. But with the storm set to eventually dissipate after making landfall, the oil market's attention again turned to lower demand. U.S. oil stockpiles rose across the board last week as crude imports grew and exports dipped, the Energy Information Administration said on Wednesday. The data also showed gasoline demand fell to its lowest since May at the same time distillate fuel demand dropped, with refinery runs also declining. Earlier in the week, the Organization of the Petroleum Exporting Countries cut its forecast for global oil demand growth in 2024 and also trimmed its expectation for next year, its second consecutive downward revision.

Persons: Hurricane's, Brent Organizations: Hurricane, Energy Information Administration, Organization of, Petroleum, International Energy, ANZ Research Locations: Nolan , Texas, U.S, U.S . Gulf, Mexico, Louisiana

☆ Oil prices rebound on fears of supply disruption from tropical storm
▼ + stars: | 2024-09-11 | by ( ) www.cnbc.com time to read: +2 min

An oil pumpjack in the Inglewood Oil Field, seen from the Kenneth Hahn State Recreation Area, on July 13, 2022, in Los Angeles, California. Crude prices bounced on Wednesday as concerns about Tropical Storm Francine disrupting supply of oil outweighed worries about demand. OPEC also cut its 2025 global demand growth estimate to 1.74 million bpd from 1.78 million bpd. But the U.S. Energy Information Administration said on Tuesday global oil demand is set to grow to a bigger record this year while output growth will be smaller than prior forecasts. Meanwhile, China's daily crude oil imports rose last month to their highest in a year, customs data and Reuters records showed on Tuesday, as shipments staged a tentative recovery on lower crude oil prices and improving refining margins.

Persons: Kenneth Hahn, Brent, Hiroyuki Kikukawa, Storm Francine Organizations: Inglewood Oil, Recreation Area, Brent, NS, Nissan Securities, U.S, National Hurricane Center, U.S . Bureau of Safety, Environmental, Organization of, Petroleum, OPEC, U.S . Energy, Administration Locations: Inglewood, Los Angeles , California, Louisiana, Gulf, Mexico, U.S . Gulf, U.S

☆ Tropical Storm Francine forecast to strengthen into hurricane 'soon' as it aims for U.S. Gulf Coast
▼ + stars: | 2024-09-10 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | Dennis Romero | ) www.nbcnews.com time to read: +4 min

A strengthening Tropical Storm Francine is expected to become a hurricane long before it reaches the Louisiana coast Wednesday, federal forecasters said on Monday. Track Tropical Storm Francine’s path, forecast and hurricane statusThe hurricane center's latest forecast cone has the storm making landfall in Louisiana between the Texas border and New Orleans about 1 p.m. Wednesday. "Francine expected to become a hurricane soon," a National Hurricane Center said in the headline to its latest advisory. A hurricane watch remains in effect for almost the entire Louisiana coast from Cameron to Grand Isle. August’s tropical cyclone activity “was a little below normal” in terms of the number of named storms, the hurricane center said.

Persons: Francine, Jeff Landry, Monique B, Port Fourchon, Debby, Ernesto Organizations: National Hurricane Center, Lousiana, Mayor, NOAA, Atmospheric Administration Locations: Louisiana, Gulf of Mexico, Rio Grande, Mexico, Texas, Gulf, Galveston, New Orleans, Lafayette , Louisiana, Port Mansfield, Rio, La, Cameron, Grand Isle, Mississippi, Island , Texas, Alabama, Vermilion, Maurepas, Lake Pontchartrain, Bend, Florida, South Carolina, Bermuda, Pacific

Tropical Storm Francine is expected to strengthen to a hurricane by midweek when it reaches the U.S. Gulf Coast. The storm started as a disturbance in the Gulf of Mexico and strengthened into a tropical storm Monday. The National Oceanic and Atmospheric Administration had predicted above-normal hurricane activity in the Atlantic basin this year, forecasting 17 to 25 total named storms — which is defined as having winds of 39 mph or higher — with eight to 13 forecast to become hurricanes. The above-normal activity was forecast because of near-record warm ocean temperatures in the Atlantic, La Niña conditions in the Pacific, reduced Atlantic trade winds and less wind shear.

Persons: Francine Organizations: Atmospheric Administration Locations: Gulf Coast, Gulf of Mexico, Pacific

☆ Potential Tropical Cyclone Six forms, forecast to quickly strengthen into hurricane aiming for U.S. Gulf Coast
▼ + stars: | 2024-09-09 | by ( Marlene Lenthang | ) www.cnbc.com time to read: +2 min

Tropical Storm Beryl developed into a Category 1 hurricane as it hit the Texas coast late last night. A disturbance in the Gulf of Mexico is forecast to strengthen into a tropical storm Monday, and could become a hurricane before it reaches the U.S. Gulf Coast by midweek. Tropical storm watches are in effect for northeastern Mexico, as well as southern Texas. Potential Tropical Cyclone Six is expected to dump heavy rain and trigger flash flooding along the coast of northeast Mexico, southern Texas, southern Louisiana and southern Mississippi into Thursday morning, the hurricane center said. August's tropical cyclone activity "was a little below normal" in terms of the number of named storms, the hurricane center said.

Persons: Hurricane Beryl, Beryl, it's, Debby, Ernesto, Francine Organizations: Tropical, National Hurricane Center, Louisiana and, Atmospheric Administration Locations: Hurricane, Houston , Texas, Texas, Gulf, Mexico, Gulf Coast, Rio, Louisiana, Mississippi, Louisiana and Upper Texas, Bend, Florida, South Carolina, Bermuda, Pacific

☆ Oil rises on cooling U.S. inflation but heads for weekly dip
▼ + stars: | 2024-07-12 | by ( ) www.cnbc.com time to read: +2 min

Brent crude futures rose 33 cents, or 0.4%, to $85.73 a barrel by 0300 GMT. U.S. West Texas Intermediate crude futures climbed 46 cents, or 0.6%, to $83.08 a barrel. Indications of strong summer fuel demand in the U.S. also kept prices buoyed. Jet fuel demand on a four-week average basis was at its strongest since January 2020. The strong fuel demand encouraged U.S. refiners to ramp up activity and draw from crude oil stockpiles.

Persons: Brent, stoking, Jerome Powell, Jun Rong, Emril Jamil Organizations: Brent, . West Texas, Federal Reserve, Fed, IG, Jet, Gulf Locations: United States, U.S

☆ Oil prices edge higher as supply risks mount
▼ + stars: | 2024-06-28 | by ( ) www.cnbc.com time to read: +2 min

Oil prices rose in early Asian trading hours on Friday, setting up a third straight weekly jump, as concerns about supply problems from escalating geopolitical tensions and weather-related disruptions offset signs of weak demand. Oil prices rose in early Asian trading hours on Friday, setting up a third straight weekly jump, as concerns about supply problems from escalating geopolitical tensions and weather-related disruptions offset signs of weak demand. Oil prices have shrugged off signs of weak demand in the United States, the biggest oil consuming nation, and rallied higher as cross-border strains between Israel and Lebanon's Hezbollah escalated. On the demand front, rising U.S. crude stockpiles and weak gasoline consumption has kept a ceiling above oil prices. Government data this week showed an unexpected jump in crude inventories in the country as fuel demand weakened.

Persons: Brent Organizations: Brent, . West Texas, FGE Energy, U.S, National Hurricane Center Locations: United States, Israel, Iran, Lebanon, Turkey, U.S, Gulf Coast, Brent

☆ Oil prices underpinned by U.S. inventory data, attacks on Russian refineries
▼ + stars: | 2024-03-14 | by ( ) www.cnbc.com time to read: +2 min

This picture taken on Jan.12, 2024 shows onshore oil pumps in Tutong district in Brunei. Oil extended gains in Asian trade on Thursday after a surprise drop in U.S. crude stockpiles indicated strengthening demand, while possible supply disruptions following Ukrainian attacks on Russian refineries also underpinned prices. After seriously damaging Lukoil's refinery in Nizhny Novgorod on Tuesday, Ukraine hit refineries in the Rostov and Ryazan regions, Russian officials said. Two sources familiar with the situation told Reuters that the refinery had been forced to shut down two primary oil refining units. Gasoline inventories slid for a sixth straight week, falling by 5.7 million barrels to 234.1 million barrels, the EIA said, triple the expectations for a 1.9 million-barrel draw.

Persons: Vladimir Putin Organizations: Oil, U.S, West Texas, Rosneft's, Reuters, Energy Information Administration, EIA Locations: Tutong district, Brunei, Brent, Ukrainian, Nizhny Novgorod, Ukraine, Rostov, Ryazan, Rosneft's, Russian, Russia, U.S, Gulf

☆ The most visited National Park Service sites 2023
▼ + stars: | 2024-02-23 | by ( Forrest Brown | ) edition.cnn.com time to read: +5 min

“From Kaloko Honokōhau National Historic Park in Hawai’i to Congaree National Park in South Carolina, parks are attracting more visitors each year to learn about our shared history,” National Park Service Director Chuck Sams said in a news release. 1 spot as the most visited site in the US National Park system and accounts for 5.15% of all visits in the system. Beyond the summer seasonCongaree National Park in South Carolina is starting to grow in popularity, getting more recognition beyond its home state. National Park ServiceVisitation habits to NPS sites are changing with people finding ways to bypass the traditional warm-weather peak. Among the more famous ones were Joshua Tree National Park (3.27 million) and the Lincoln Memorial in Washington, D.C. (8.09 million).

Persons: Chuck Sams, Lincoln, George Washington, Joshua, Joshua Tree, ”, —, ” Sams, “ Organizations: CNN, National, Service, NPS, Historic, Park Service, Recreation Area, Gulf, Lincoln, George Washington Memorial, Natchez, Glen, Vietnam Veterans Memorial, Washington , D.C, Zion, Yellowstone, Rocky, Yosemite National, Acadia, Teton, Lincoln Memorial Locations: Hawai’i, South Carolina, f11photo, Smoky, Mead, Arizona and Utah, Washington ,, Southern California, California, Olympic, Washington, Cuyahoga Valley, Ohio, Montana, Idaho, United States

Maxar Technologies Visual Investigations The $2.8 Billion Hole in U.S. Sanctions on Iran A Times investigation reveals how lax government oversight allowed shadowy oil tankers, covered by American insurance, to fund Iran’s regime. The American Club is one of only 12 major insurers of its kind, and the only one based in the United States. By then, the tankers had transported at least $2.8 billion in crude oil, based on the lowest reported prices of Iranian oil in 2023. The Treasury office has publicly enforced sanctions on the American Club only once in the past 20 years. Ultimately, the office said the American Club did “not appear to have been willful or reckless” and the case was settled.

Persons: Biden, ”, penna gabrielle toyomi, penna selene gabrielle, gabrielle, selene, lisa marianne selene, Samir Madani, Maggie Hassan, Daniel Tadros, “, Mr, Tadros, Shipowners, ” Mr, Madani of TankerTrackers.com, David Tannenbaum Organizations: Maxar, Maxar Technologies, Sanctions, U.S, White, New York Times, Times, Treasury Department, American Club, Treasury, cathay kirin, Copernicus, Planet Labs, Star, American, The Times, Revolutionary Guards Corps, Anadolu Agency, Getty, Club’s, Hamas, Bloomberg, United Against Nuclear, Nuclear, Glory, United, National Iranian Tanker, Labs, Copernicus Sentinel, Club, International Maritime Organization, AIS, Spire Locations: Gulf of Oman, American, U.S, Iran, New York, New Hampshire, United States, Hong Kong, Kharg, Kpler, China, Israel, Yemen, United Against Nuclear Iran, Nuclear Iran, United Arab Emirates, Asaluyeh, Dubai, of Oman, Persian, Oman, Cuba, Sudan, MarineTraffic, SynMax, TankerTrackers.com

Looking at export inspection data versus export sales data suggests that the actual shipments, not demand, are the standout factor. USDA predicts U.S. wheat exports at a 52-year low of 19.05 million tons in 2023-24, which began on June 1. As of Oct. 26, export sales totaled 11.4 million tons, some 60% of the full-year target, above the date’s recent average of 58%. USDA’s projections call for 2023-24 U.S. wheat exports to decline 8% on the year, and export sales were down 7% as of Oct. 26. Since June 1, wheat export inspections at the U.S. Gulf are down 40% from a year ago, while the Pacific Northwest volume is down 16%.

Persons: Karen Braun, Matthew Lewis Organizations: Weekly, U.S . Department of Agriculture, USDA, Reuters, Thomson Locations: NAPERVILLE , Illinois, States, U.S, Mississippi, Gulf, Pacific, Pacific Northwest, China, United States

☆ Analysis: Canada may struggle to recoup $26 billion cost of Trans Mountain pipeline
▼ + stars: | 2023-10-12 | by ( Nia Williams | ) www.reuters.com time to read: +5 min

Prime Minister Justin Trudeau's Liberal government bought Trans Mountain in 2018 for C$4.5 billion to rescue the expansion project, which has struggled with years of regulatory delay and massive cost overruns. A Reuters survey of five analysts and investors valued Trans Mountain between C$15 billion and C$25 billion, based on factors including projected earnings and oil shipping tolls. Trans Mountain Corp (TMC) CEO Dawn Farrell told local media last week the sale could wrap up by early 2025, just as Canada heads into a federal election. Trans Mountain offers strategic value as it is the only pipeline taking crude from Canada's oil patch to the Pacific, and on to Asian refining markets. "It's hard to imagine...that a pipeline like Trans Mountain would ever be built again," Poscente said.

Persons: Justin Trudeau's, Ryan Bushell, Dawn Farrell, Michael Dunn, Paul Poscente, Poscente, Pembina, Scott Burrows, Enbridge, Marc Weil, Dave Szybunka, Szybunka, Rod Nickel, Steve Scherer, Denny Thomas, Marguerita Choy Organizations: Ottawa, Justin Trudeau's Liberal, Reuters, Newhaven Asset Management, Trans Mountain Corp, Mountain, Cenovus Energy, Nations, Axxcelus, Chinook, Pembina Pipeline Corp, Indigenous Pipeline, TC Energy, Keystone, TC, Canoe Financial, Thomson Locations: Canada, Alberta, Trans, Newhaven, Pembina, U.S, Gulf, Calgary, Winnipeg, Ottawa

☆ Maps of the 2023 ‘Ring of Fire’ Solar Eclipse
▼ + stars: | 2023-10-11 | by ( Jonathan Corum | Katrina Miller | ) www.nytimes.com time to read: +13 min

Maps of the 2023 ‘Ring of Fire’ Solar EclipseOn Saturday, Oct. 14, an annular or “ring of fire” solar eclipse will sweep across much of the Western Hemisphere. Viewers outside the path of annularity will see the crescent sun of a partial solar eclipse. The map below shows the path of the eclipse, and the approximate local time when the ring of fire will be visible. NEV. CALIF. Ely Los Angeles Las Vegas Salt Lake City San Diego WYO. Corpus Christi MEXICO 12:00 p.m. MISS.

Persons: Eugene MINN, Louis KAN, Butte Eugene, Ely San Francisco Columbus, Charlotte N.C, Casper, KAN, Torreón, Torreón San Antonio Austin, Eugene Medford, Central Time TEXAS Dallas Torreón, Central Time TEXAS Dallas Torreón San Antonio Austin Organizations: Central, Central America, Viewers, Edmonton BRITISH COLUMBIA SASKATCHEWAN ALBERTA Vancouver, Regina, Seattle Winnipeg Shadow, Ottawa VT, Toronto Medford Boston, Minneapolis S.D ., New York Chicago Des Moines Philadelphia, Reno Salt Lake City NEB . Sacramento OHIO Omaha N.J, Ely, Ely UTAH Columbus San, Indianapolis NEV, Ocean, Fresno COLO, Richmond Louisville St, Las Vegas, Alamos, Flagstaff Santa Fe Los Angeles TENN ., Memphis Albuquerque Columbia, OKLA, San Diego Little Rock, Atlanta Birmingham N.M, Lubbock MISS, Tucson Las, Dallas Jackson ALA, El, El Paso Midland, Odessa, Central Time, Houston New, Tampa Beeville, Corpus Christi, Tampico, Mérida, Mérida Guadalajara JAMAICA, Mexico City Toluca, Puebla Chetumal, Tegucigalpa Guatemala, SALVADOR, NICARAGUA PANAMA, Time, Time Panama City, Edmonton, Edmonton BRITISH COLUMBIA ALBERTA Vancouver SASKATCHEWAN, Calgary MANITOBA Regina QUEBEC ONTARIO Seattle Winnipeg Shadow, Spokane Missoula Portland MAINE Montreal, Boise Toronto, S.D . Minneapolis, S.D . Minneapolis Rapid City N.Y . IDAHO Buffalo, New York Chicago Philadelphia Des Moines Reno, Ely San, Ely San Francisco Columbus UTAH, Time Fresno Richmond Louisville St, Vegas CALIF, Los Alamos Nashville, Santa Fe Los Angeles TENN ., Phoenix San Diego Little Rock, Lubbock Tucson Birmingham, MISS, Dallas Midland Jackson ALA, Time Austin, Time Austin Hermosillo New, Antonio, Tampa, Corpus Christi Miami, Mexico City, Managua Pacific, Pacific Time, Pacific Time BRITISH COLUMBIA Vancouver Seattle Portland, Spokane Medford, Calgary San, Calgary San Francisco Sacramento Missoula, Ely Los Angeles Las, Flagstaff, S.D, Denver, Colorado Springs, Colorado Springs Tucson Pueblo, Colorado Springs Tucson Pueblo Los Alamos Albuquerque NEB, Wichita Kansas City Midland Oklahoma City Odessa, Central Time TEXAS, ARK, Torreón San Antonio Austin Little, Laredo Monterrey, Houston, Christi, Jackson León, New, New Orleans Tampico Mexico City, Tampa Campeche Mérida, Miami Cancún, Havana, SALVADOR Tegucigalpa, Eugene Medford Spokane, San Francisco Sacramento Reno, MONT . IDAHO Fresno, Flagstaff Durango Phoenix Denver, Tucson Pueblo, Midland Oklahoma City Odessa, Central Time TEXAS Dallas, Central Time TEXAS Dallas Torreón San, Laredo Monterrey Beeville Houston, Tampico Mexico City, Campeche Mérida, COSTA RICA, Pacific, San Francisco Sacramento Reno Boise CALIF ., San Francisco Sacramento Reno Boise CALIF . IDAHO Fresno, Portland Toronto, Chicago Denver New, Francisco UNITED STATES, Los Angeles Dallas Atlanta, Austin Houston San, Gulf of Mexico Miami, MEXICO Havana, COLOMBIA Bogotá, Natal Cali, Manaus, Salvador, Portland, Denver New, Angeles Phoenix Atlanta Dallas, Time San, Gulf of Mexico Miami MEXICO Havana, Bogotá Natal, Cali Recife, Manaus Quito, ECUADOR Salvador Pacific Ocean BRAZIL PERU Brasília, Pacific Time Chicago Denver, New York, CANADA, STATES, NASA, Goddard, University of Arizona, NOAA Locations: Oregon, Texas, of Mexico, Central, Calgary, Regina MANITOBA ONTARIO QUEBEC, Seattle, Pacific Time Spokane Missoula N.D . MAINE Portland MONT, Bismarck Butte, Eugene, Ottawa, Boise, Minneapolis S.D, Minneapolis S.D . IDAHO Rapid City N.Y, Buffalo CONN . Milwaukee WYO, Casper Detroit IOWA, New York Chicago, Reno Salt Lake City NEB . Sacramento OHIO, Ely UTAH, Ely UTAH Columbus San Francisco, Denver, Ocean Kansas, Richmond, Louis KAN . VA, CALIF . KY, Las, Las Vegas Durango Wichita, N.C, Flagstaff Santa Fe Los Angeles, Flagstaff Santa Fe Los Angeles TENN . Oklahoma, Memphis, San, Lubbock, Tucson Las Cruces, El Paso, El Paso Midland LA, Odessa San Angelo, Houston New Orleans San Antonio Chihuahua, Tampa Beeville FLA, Corpus, Corpus Christi Laredo, Miami Gulf, Mexico Monterrey, Havana MEXICO CUBA, Mérida Guadalajara, Campeche, Mexico, Puebla, BELIZE HONDURAS, GUATEMALA, Ocean Managua, NICARAGUA, NICARAGUA PANAMA COSTA RICA, Time Panama, Time Panama City San, Edmonton BRITISH, Spokane Missoula Portland MAINE, Spokane Missoula Portland MAINE Montreal MONT, N.D, Bismarck, Butte, Butte Eugene MINN, Boise Toronto Boston Medford, S.D, S.D . Minneapolis Rapid City N.Y, S.D . Minneapolis Rapid City N.Y . IDAHO Buffalo CONN . Milwaukee WYO, Salt Lake City NEB . OHIO, Omaha, Ely San Francisco, W.VA . Kansas, Time, Vegas, Durango KY, Wichita, Los, Santa Fe Los Angeles, Santa Fe Los Angeles TENN . Oklahoma, Flagstaff ARK, Phoenix, Atlanta, TEXAS, El Paso LA, Time Austin Hermosillo, Time Austin Hermosillo New Orleans Houston Chihuahua, Tampa FLA, Gulf of Mexico Monterrey, JAMAICA Guadalajara, Mexico City Campeche, BELIZE, HONDURAS, Tegucigalpa, Managua, NICARAGUA PANAMA, COSTA RICA, Pacific Time BRITISH, Pacific Time BRITISH COLUMBIA Vancouver Seattle Portland Eugene, Spokane, Calgary San Francisco Sacramento, Calgary San Francisco Sacramento Missoula Reno Boise IDAHO Butte Fresno, NEV . CALIF, Ely Los Angeles, Ely Los Angeles Las Vegas Salt Lake City San Diego WYO . UTAH, Rapid, Flagstaff Durango, COLO, Colorado Springs Tucson, Colorado Springs Tucson Pueblo Los Alamos, Santa Fe N.M, Hermosillo Las Cruces Omaha, El Paso Chihuahua Lubbock, Wichita Kansas City Midland Oklahoma City Odessa San Angelo, Torreón San, Houston MEXICO, New Orleans Tampico Mexico, New Orleans Tampico Mexico City Puebla, FLA, Miami, Havana GUATEMALA, CUBA, HONDURAS Managua, JAMAICA COSTA RICA, Panama, PANAMA, COLOMBIA, Pacific, Pacific Time Seattle Portland, San Francisco, San Francisco Sacramento Reno Boise, MONT . IDAHO, Ely Los Angeles Las Vegas Salt, WYO . UTAH, Flagstaff Durango Phoenix, Tucson Pueblo Los Alamos Albuquerque Santa Fe, Las Cruces, Midland Oklahoma City Odessa OKLA, Angelo, Central Time TEXAS Dallas Torreón San Antonio, Laredo Monterrey Beeville, Corpus Christi MEXICO, Tampico Mexico, GUATEMALA BELIZE, COSTA, San Francisco Sacramento Reno Boise CALIF, San Francisco Sacramento Reno Boise CALIF . IDAHO, Tampico, South America, Brazil, Chicago Denver New York, Francisco, Austin Houston San Antonio, Gulf of Mexico, MEXICO, JAMAICA BELIZE, HONDURAS GUATEMALA, PANAMA COSTA RICA, VENEZUELA, Recife, Manaus Quito, ECUADOR, Ocean PERU, Rio de Janeiro BOLIVIA, Toronto, Denver New York, Time San Antonio, Gulf of Mexico Miami MEXICO, Mexico City BELIZE JAMAICA, ECUADOR Salvador Pacific Ocean BRAZIL PERU, Havana, Mexico City BELIZE, PANAMA COSTA RICA VENEZUELA, Cali, Natal, Salvador BRAZIL, Mexico MEXICO, Time COLOMBIA BRAZIL, United States, New York City

TASS news agency cited Energy Minister Nikolai Shulginov as saying the government "at all levels" had been discussing partial permission for fuel exports. Europe could also fill some of the gap left by the Russia gasoline ban. Northwest European suppliers, which lost market share in West Africa to Russian supplies this year, could step in, FGE said. Since banning Russian fuel imports, Europe has been seeking suppliers elsewhere, including from the Middle East. As a result, traders said they expected Northeast Asian refiners in China and South Korea to boost diesel exports to Europe.

Persons: Tatiana Meel, Alexander Novak, Vortexa, Nikolai Shulginov, JP Morgan, FGE, Edmund Blair, Mark Potter Organizations: REUTERS, Traders, Kremlin, Kommersant, TASS, Analysts, FGE Energy, WHO, BE, European Union, Gulf, Diesel, Northwest, Competition, Thomson Locations: Nakhodka Bay, Nakhodka, Russia, LONDON, SINGAPORE, Soviet, United States, Ukraine, Europe, Brazil, Turkey, North, West, East, Gulf, gasoil, India, Africa, Kpler, U.S, Gulf Coast, America, West Africa, China, South Korea

Oct 3 (Reuters) - BP Plc (BP.L) is exploring the sale of a 49% stake in its U.S. oil and gas pipeline network in the Gulf of Mexico, hoping to raise as much as $1 billion, according to people familiar with the matter. While it boosted its shareholder payout by 10% in second-quarter earnings in August, BP's net debt stood at $23.7 billion. BP has placed its stakes in U.S. Gulf of Mexico pipelines in a new company in which it will hold a 51% position and sell the rest, the sources said. The pipelines entity generates 12-month earnings before interest, tax, depreciation and amortization of around $200 million, the sources added. Among the pipelines in which BP holds stakes are the 161-mile Mars Oil Pipeline, the 89-mile Endymion Oil Pipeline and the 115-mile Cleopatra Gas Pipeline, according to its website.

Persons: Bernard Looney, Shariq Khan, David French, Ron Bousso, Cynthia Osterman Organizations: BP Plc, BP, Argos, Pipeline, Gas, Sixth Street Partners, Sixth, Bloomberg News, Thomson Locations: Gulf of Mexico, Gulf, Mexico, U.S . Gulf of Mexico, Bengaluru, New York, London

☆ When Will the Saltwater Wedge Reach New Orleans?
▼ + stars: | 2023-09-29 | by ( Mira Rojanasakul | ) www.nytimes.com time to read: +11 min

When Will the Saltwater Wedge Reach New Orleans? Lake Pontchartrain By Oct. 28, saltwater is expected to reach a major intake valve at Carrollton that serves most of the city. Gulf of Mexico Lake Pontchartrain By Oct. 28, saltwater is expected to reach a major intake valve at Carrollton that serves most of the city. Gulf of Mexico Lake Pontchartrain By Oct. 28, saltwater is expected to reach a major intake valve at Carrollton that serves most of the city. Gulf of Mexico Lake Pontchartrain By Oct. 28, saltwater is expected to reach a major intake valve at Carrollton that serves most of the city.

Persons: Biden, Bernard, It’s, ”, Jeffrey Graschel, hydrologist, doesn’t, CONN, Matthew Roe, “ It’s, ” Mr, Graschel Organizations: New, Jefferson, Salvador Pointe à, Army Corps of Engineers, Copernicus, Midwest, U.S . Drought Monitor, National Weather Service, NEV, ALA, MISS, Oregon State University In, NOAA’s National Centers for Environmental Information, National Weather, Army Corps Locations: Orleans, Mississippi, New Orleans, Louisiana, Pontchartrain, Carrollton, Algiers, Salvador, la, Mexico Lake Pontchartrain, Salvador Pointe à la, Mexico, Gulf, Ohio, Slidell, La, Minnesota, MAINE, MINN, VT, N.H . IDAHO, S.D, N.Y, WIS, R.I, PA, IOWA, NEB . OHIO, UTAH, COLO . CALIF . VA, KAN . MO, KY, N.C, TENN, OKLA, ., MISS . TEXAS LA, FLA, NEV . UTAH, CONN, WYO, NEV . OHIO, Myrtle Grove, ”

The diesel ban will have the biggest impact because Russia is the world's top seaborne exporter of the fuel, just ahead of the United States. Europe could also fill some of the gap left by the Russia gasoline ban. Northwest European suppliers, which lost market share in West Africa to Russian supplies this year, could step in, FGE said. Since banning Russian fuel imports, Europe has been seeking suppliers elsewhere, including from the Middle East. As a result, traders said they expected Northeast Asian refiners in China and South Korea to boost diesel exports to Europe.

Persons: Alexey Malgavko, Vortexa, JP Morgan, said.Turkey, FGE, Edmund Blair Organizations: Traders, Kremlin, FGE Energy, WHO, BE, European Union, Gulf, Diesel, Northwest, Competition, Thomson Locations: Omsk, Russia, LONDON, SINGAPORE, Soviet, United States, Ukraine, Europe, Brazil, Turkey, North, West, East, Gulf, gasoil, India, Africa, Kpler, U.S, Gulf Coast, America, West Africa, China, South Korea

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