Another disappointment to jolt the oil services sector: Baker Hughes Co. reported a third-quarter earnings stumble that included pain from Hurricane Ida and a warning of hampered growth for oil demand.
New York and the U.S. Northeast are facing another flood threat just three weeks after the remnants of Hurricane Ida devastated the region, but the heavy rain expected through Sept. 24 won’t match that storm’s deadly deluge.
Royal Dutch Shell Plc warned that production from two of its largest Gulf of Mexico fields won’t resume until next year after Hurricane Ida inflicted “significant structural damage.”
The Customized Logistics & Delivery Association (CLDA) has set up a fund to help its members who were victims of Hurricane Ida, the organization announced Sept. 8.September 17, 2021
Just over 20% of U.S. Gulf of Mexico oil and natural gas production is back online after Hurricane Ida battered southeast Louisiana, marking an even slower comeback than in the wake of Katrina.
President Joe Biden redoubled his push for a $1 trillion infrastructure bill on Sept. 7, using flood-stricken areas of New York and New Jersey as a backdrop to underscore the threat climate change poses to critical services.
WASHINGTON — Shaken by haunting images of surging rivers, flooded roads and subways and other damage caused by the remnants of Hurricane Ida, lawmakers from both parties are vowing to upgrade the nation’s aging infrastructure network.
ExxonMobil Corp. is tapping the U.S. Strategic Petroleum Reserve to revive gasoline production in Louisiana after Hurricane Ida left much of the devastated state’s refining and oil production offline.
BATON ROUGE, La. — A critical port that serves as the primary support hub for the Gulf of Mexico’s deepwater offshore oil and gas industry sustained less damage from Hurricane Ida’s direct hit than initially feared and should be back to working operations “in the near future,” a port leader said Sept. 2.