Gulf of Mexico oil facilities on lockdown as storm looms
Anadarko, Chevron, Phillips 66, ExxonMobil, and Royal Dutch Shell are all preparing for the worst as the storm could become a tropical cyclone
Houston — Anadarko Petroleum has joined major US oil producers shutting production and withdrawing staff from offshore platforms in the US Gulf of Mexico ahead of a storm threatening oil-producing areas.
US oil prices climbed 2.7% on Wednesday as more producers shut production and removed workers at Gulf oil and gas platforms. A tropical cyclone could form by Thursday, moving westwards over the northern Gulf of Mexico, with the potential to produce a storm surge from Louisiana to the upper Texas coast, according to the YS National Hurricane Centre.