Oil Traders Brace for US Gulf Coast Storm
Oil traders from Texas to Louisiana braced on Tuesday for supply disruptions as Tropical Storm Cindy, formed in the U.S. Gulf of Mexico, threatened to hit refining and production centers with wind and rain later this week.
Hurricane Patricia Brings Rain, Flooding to Louisiana
Torrential rainstorms battered Louisiana on Sunday, leaving thousands without power, after pounding southeastern Texas as the remnants of Hurricane Patricia converged with a second storm.
US, ATP-IP Reach Settlement over Unauthorized Oil Discharges
Under a settlement agreement with the United States, ATP Infrastructure Partners, LP (ATP-IP) will pay a $1 million civil penalty and perform corrective measures to resolve claims by the U.S.