The Company reported fiscal fourth quarter and fiscal year 2024 net income of $0.76 and $3.43 per diluted share, respectively, including select items (1) that had a neutral impact on fiscal fourth ...

Decades back, free-swimming coral larvae (planulae) had the misfortune to settle on steel supports, pipes, jacket legs, extensions, and pretty much every piece of metal that makes up oil rigs and ...

The U.S. Gulf of Mexico rig count is the poster child for the ravaging effects of low oil and natural gas prices. Demand in the region has steadily declined since early 1998 and currently stands ...

Several companies evacuated workers from rigs before the system entered the Gulf of Mexico. Large swells, high surf, and life-threatening rip currents continue along the Gulf shores between ...

The NHC said swells generated by the remnant low are expected to cause life-threatening surf and rip current conditions along the Gulf of Mexico through the weekend. The remnant low is expected to ...

Chevron said it was transporting all personnel to shore and was shutting production at oil rigs in the Gulf of Mexico ahead of Rafael's approach. Shell and BP moved some non-essential personnel ...

GOOD NEWS IS IT’S GOING TO BE A SLOWER APPROACH INTO THE GULF OF MEXICO, WHICH IS ACTUALLY VOTING A BIT BETTER IN OUR FAVOR. BUT THE BAD NEWS IS BECAUSE IT’S GOING TO MEANDER HERE, IT WILL ...

The forecast map below is for late Sun., Nov. 10th showing a weakening Rafael over the Western Gulf of Mexico as steering currents collapse. The model has been pretty steady on intensity while ...

Rafael continues to weaken and is now a tropical storm. Over the weekend it will meander slowly around the Gulf of Mexico, where it will eventually weaken into a tropical depression. A trough of ...