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13.10.26 - 02:12
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Saudi Energy Conference Loses Shell, Exxon, BP Execs - Who Bail After Houthi Strikes (ZeroHedge)
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Saudi Energy Conference Loses Shell, Exxon, BP Execs - Who Bail After Houthi Strikes
Via The Cradle
Several top energy executives were dropped from the schedule of Saudi Arabia's ongoing WPC Energy Congress in Riyadh on Monday, as the kingdom insists on holding the conference despite the threat to the capital posed by the Ansarallah-led Yemeni Armed Forces (Houthis).
The event began on October 11 and is meant to run until 15 October. The head executives of ExxonMobil, TotalEnergies, Shell, Chevron, and BP were expected at the event.
Source: Asharq Al-AwsatOn Monday, they were no longer listed on the agenda that the conference organizers put out.
"To everyone who traveled to Riyadh, thank you," said Saudi Energy Minister Abdulaziz bin Salman while making the opening comments at the WPC Energy Congress.
"You know this country is safe and that we hold your protection at whole heart… Our gathering here does not mean the risk is gone," he said.
He said that...
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10.10.26 - 13:15
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Hurricane Isaias Slams Gulf Coast, Knocks Out Power To 830,000 As Major Refineries Are Spared (ZeroHedge)
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Hurricane Isaias Slams Gulf Coast, Knocks Out Power To 830,000 As Major Refineries Are Spared
Hurricane Isaias knocked out power to about 830,000 homes and businesses across Florida, Alabama, and Georgia and disrupted oil and natural gas operations in the Gulf of America, but the good news: it narrowly missed major refineries.
The Category 2 hurricane made landfall near Destin, Florida, at 8:30 local time, with sustained winds of 105 miles per hour before weakening into what the National Hurricane Center calls a "post-tropical cyclone." Strong winds damaged roofs, toppled trees and downed power lines, while flooding was reported across Florida and Alabama.
Gulf oil production fell sharply late in the week as Isaias forced offshore platform evacuations and drilling rig relocations. A slight eastward shift in the storm's track spared Chevron's Pascagoula refinery in Mississippi, reducing the risk of a major refining disruption. The focus today now shifts to damaged infrastructure as...
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