US Oil Firms Restore Operations In Storm-Tossed Gulf Of Mexico

Oct 12 13:10 2018 Print This Article

Major oil producers and drillers, including Exxon Mobil Corp. (NYSE: XOM), Chevron Corp. (NYSE: CVX) and BP Plc (NYSE: BP), on Oct. 11 began returning workers and restoring output at U.S. Gulf of Mexico facilities shut as Hurricane Michael blew through.

The U.S. offshore safety regulator’s daily update showed that 40% of Gulf oil output and 29% of natural gas production was locked in, slightly less than a day earlier.

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