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+Vote!

Crude Oil Falls on Minimal U.S. Storm Damage, Stronger Dollar

Royal Dutch Shell Plc, Total SA, ConocoPhillips and Valero Energy Corp. are among oil and gas producers, and refiners that have started initial inspections of facilities.

+Vote!

Gustav spares oil facilities

... reopening of refineries.Pipelines and 14 refineries operated by companies including Marathon Oil Corp. and Valero Energy Corp. remained shut in Louisiana, home to 17 percent of U.S. oil-processing capacity, the federal Energy Department said. Gasoline futures, which fell 3.8 percent Tuesday, may rebound as power failures delay recovery, said Andy Lipow, president of Lipow Oil...

12Vote!

Oil industry tallies up damage from Gustav

Oil companies, rig owners and refiners spread out across the Gulf Coast to look for damage from Hurricane Gustav on Tuesday, and some were already putting equipment and people back in place to resume operations.

5Vote!

Oil down sharply as Gustav seen weakening

... companies were shutting down productions and evacuating facilities ahead of the storm. Exxon Mobil Corp., Royal Dutch Shell PLC and Valero Energy Corp., North America's largest refiner, were among the companies that said they had shut down Gulf Coast refineries, primarily in south Louisiana.Altogether, about 2.4 million barrels of refining capacity have been halted, roughly...

1Vote!

Oil down sharply as Gustav seen weakening

... companies were shutting down productions and evacuating facilities ahead of the storm. Exxon Mobil Corp., Royal Dutch Shell PLC and Valero Energy Corp., North America's largest refiner, were among the companies that said they had shut down Gulf Coast refineries, primarily in south Louisiana.Altogether, about 2.4 million barrels of refining capacity have been halted, roughly...

1Vote!

Traders abroad don't see Gustav as energy threat

... companies are shutting down productions and evacuating facilities ahead of the storm. Exxon Mobil Corp., Royal Dutch Shell PLC and Valero Energy Corp., North America's largest refiner, were among the companies that said they had shut down Gulf Coast refineries, primarily in south Louisiana.Altogether, about 2.4 million barrels of refining capacity have been halted, roughly...

+Vote!

Oil prices down despite Hurricane Gustav

... companies are shutting down productions and evacuating facilities ahead of the storm. Exxon Mobil Corp., Royal Dutch Shell PLC and Valero Energy Corp., North America's largest refiner, were among the companies that said they had shut down Gulf Coast refineries, primarily in southern Louisiana.Altogether, about 2.4 million barrels of refining capacity have been halted, roughly...

+Vote!

On first scan, little oil damage seen from Gustav

... of the country's total -- were shut by late Monday, but early signs suggested many had been spared.Valero Energy Corp said an initial check of its 250,000 barrels per day (bpd) refinery at St Charles, Louisiana, refinery showed no significant structural damage from Gustav, and that the plant had electrical power.ConocoPhillips said remote sensors showed that its Magnolia platform...

4Vote!

Oil down sharply as Gustav threat eases

... companies are shutting down productions and evacuating facilities ahead of the storm. Exxon Mobil Corp., Royal Dutch Shell PLC and Valero Energy Corp., North America's largest refiner, were among the companies that said they had shut down Gulf Coast refineries, primarily in south Louisiana.Altogether, about 2.4 million barrels of refining capacity have been halted, roughly...

+Vote!

Gustav's impact on Gulf Coast refineries

Last updated August 31, 2008 2:06 p.m. PTGustav's impact on Gulf Coast refineriesBy THE ASSOCIATED PRESSBelow are some of the Gulf Coast refineries idled by the threat of Hurricane Gustav, their locations and their daily crude refining capacity. The region accounts for nearly half of U.S. refining capacity:-Marathon Oil Corp., Garyville, La., 256,000 barrels.-Valero Energy Corp.,...

+Vote!

Oil extends fall as Gustav concerns ebb further

... is home to a quarter of U.S. oil output and more than a third of U.S. refining capacity.SPARED'Valero Energy Corp said an initial check of its 250,000 barrels per day (bpd) refinery at St Charles, Louisiana, refinery showed no significant structural damage from Gustav, and that the plant had electrical power.ConocoPhillips said remote sensors showed that its Magnolia platform in the...

1Vote!

Refineries shut down; gas prices could spike

... Katrina and Rita devastated the region's energy infrastructure three years ago.Exxon Mobil Corp., Royal Dutch Shell PLC and Valero Energy Corp., North America's largest refiner, were among the companies that have shut down their Gulf Coast refineries, primarily in south Louisiana.Altogether, about 2.4 million barrels of refining capacity have been halted, about 15 percent of...

4Vote!

Threat of Gustav halts 15% of U.S. oil-refining capacity

... Katrina and Rita devastated the region's energy infrastructure three years ago. Exxon Mobil Corp., Royal Dutch Shell and Valero Energy Corp., North America's largest refiner, were among the companies that said they had shut down Gulf Coast refineries, primarily in south Louisiana. Altogether, 2.4 million barrels of refining capacity have been halted, roughly 15 percent of the...

1Vote!

About 15 percent of refining capacity halted

HOUSTON — Hurricane Gustav's threat to the Gulf Coast halted about 15 percent of U.S. refining capacity Sunday, though for now, prices at the pump have not risen drastically. However, analysts and others say a prolonged disruption in refining could cause price spikes of 20 cents per gallon or more. Exxon Mobil Corp., Royal Dutch Shell PLC and Valero Energy Corp., North America's...

3Vote!

Gulf Coast refineries stop production

... Katrina and Rita devastated the region's energy infrastructure three years ago.Exxon Mobil Corp., Royal Dutch Shell PLC and Valero Energy Corp., North America's largest refiner, were among the companies that said they had shut down Gulf Coast refineries, primarily in south Louisiana.Altogether, about 2.4 million barrels of refining capacity have been halted, roughly 15 percent...