HOUSTON: Hurricane Delta raked across the prime US offshore oil producing areas in the Gulf of Mexico on Thursday as energy companies pulled workers from offshore platforms and began securing coastal processing plants. The storm was about 400 miles (645km) south of Cameron, Louisiana, and grinding toward the Louisiana coast at 14 miles per hour (22 kmh). Its tropical-storm-force winds extend up to 125 miles, the National Hurricane Center said. Delta is expected to intensify further over the Gulf’s warm waters and become a major hurricane with winds of 115 miles per hour (185 kmh). It has halted 80 per cent of the region’s offshore oil and nearly 50 per cent of its natural gas output. “It is going to be a large, powerful storm,” said Weatherbell Analytics meteorologist Joe Bastardi. Delta will land just east of Cameron, Louisiana, an area still suffering the impact of Hurricane Laura’s 150 mph winds. Total SA began shutting a small oil-processing unit at its Port Arthur, Texas, refinery, people familiar with plant operation said. Cameron LNG closed its natural gas processing plant ahead of the storms arrival. US crude oil futures were up 2 per cent at US$40.76 a barrel on the shut-ins and prospects for a new… Read full this story
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