Kristen Hays

Fed hawks call for retreat from mortgage stimulus

August 24, 2021 at 2:52 p.m.

HOUSTON/MILAN (Reuters) - A trio of hawkish regional Federal Reserve officials are calling for the U.S. central bank to stop buying mortgage-backed bonds, citing the recent improvement in the housing...

Analysis: Despite U.S. oil boom, some states fear fuel scarcity

August 24, 2021 at 2:08 p.m.

HOUSTON/NEW YORK (Reuters) - The U.S. oil and gas renaissance that has bestowed unexpected prosperity on states from North Dakota to Pennsylvania and boosted distillate production to a record high...

U.S. government issues corrective order for Exxon spill

August 24, 2021 at 6:48 a.m.

LITTLE ROCK/HOUSTON (Reuters) - U.S. pipeline regulators on Tuesday ordered Exxon Mobil Corp to take necessary corrective action for its ruptured pipeline that spilled thousands of barrels of crude oil...

BP oil spill probe did not address cost overruns: executive

August 24, 2021 at 5:02 a.m.

NEW ORLEANS (Reuters) - BP Plc's investigation of its disastrous 2010 Gulf of Mexico blowout did not address the impact of cost overruns on the well, a BP executive said...

BP, contractors start trial for worst U.S. offshore spill

August 24, 2021 at 4:54 a.m.

NEW ORLEANS (Reuters) - A long-awaited trial over the biggest U.S. offshore oil spill began on Monday, with governments, businesses and individuals blaming BP Plc mostly for the 2010 disaster...

U.S. Gulf Coast oil spillers about to face day in court

August 24, 2021 at 4:44 a.m.

(Reuters) - Nearly three years after a deepwater well rupture killed 11 men, sank a rig and spewed 4 million barrels of oil into the Gulf of Mexico, BP and...

Shell shuts Norco refinery after cutting rates during Isaac

December 24, 2018 at 8:08 p.m.

HOUSTON (Reuters) - Royal Dutch Shell shut the Norco, Louisiana, refinery that ran at reduced rates when Hurricane Isaac came ashore, the company said on Thursday, but it gave no...

Oil companies recover from Isaac, one refinery flooded

December 24, 2018 at 8:12 p.m.

HOUSTON (Reuters) - Most oil and gas companies in the U.S. Gulf Coast region on Thursday prepared to gradually restart installations there following Hurricane Isaac, while one refinery reported flooding...

Shell shuts Norco refinery after cutting rates during Isaac

August 23, 2021 at 6:14 p.m.

HOUSTON (Reuters) - Royal Dutch Shell shut the Norco, Louisiana, refinery that ran at reduced rates when Hurricane Isaac came ashore, the company said on Thursday, but it gave no...

U.S. Gulf oil industry largely shut down as Isaac nears

December 24, 2018 at 7:51 p.m.

HOUSTON (Reuters) - U.S. Gulf of Mexico oil production dropped by more than 90 percent and coastal refineries shut down on Tuesday as Hurricane Isaac approached the Louisiana coastline. Government...

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