UPDATE 1-U.S. energy companies monitor storms in Gulf - News

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UPDATE 1-U.S. energy companies monitor storms in Gulf

By: AFX | 06 Nov 2009 | 11:39 AM ET

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HOUSTON, Nov 6 (Reuters) - U.S. oil producers and refiners said operations were normal in and around the Gulf of Mexico early Friday as they monitored weather systems that could threaten offshore platforms and coastal facilities in the next several days. "No shutdowns at this time. We will continue to monitor the weather along the Gulf Coast and take appropriate precautions as necessary," said Bill Day, spokesman for Valero Energy Corp , largest U.S. refiner. "We monitor all storms. We'll take action when it's appropriate," said Apache Corp spokesman Bill Mintz. Apache has extensive oil and gas production in the Gulf. Other companies who described themselves as watching and waiting included Shell, BP Plc and Marathon. Companies were faced with two systems -- former Hurricane Ida moving over Honduras and Nicaragua Friday and disturbed weather in the southwestern Gulf -- which could threaten Gulf area operations, energy traders and weather forecasters said. Although there have been several serious storms elsewhere, the 2009 hurricane season, which ends Nov. 30, has had little or no effect on Gulf of Mexico oil and gas operations this year. The Gulf of Mexico accounts for 25 percent of domestic U.S. oil production and 15 percent of natural gas output. About 40 percent of the nation's refining capacity is concentrated on the U.S. Gulf coast. (Reporting by Bruce Nichols in Houston, Haitham Haddadin, Joshua Schneyer in New York, Janet McGurty in Toronto; editing by Jim Marshall and Lisa Shumaker) ((Email: b.nichols@thomsonreuters.com; +1 713 210 8510; Reuters Messaging: bruce.nichols.reuters.com@reuters.net)) Keywords: STORM ENERGY/GULF (For help: Click "Contact Us" in your desk top, click here or call 1-800-738-8377 for Reuters Products and 1-888-463-3383 for Thomson products; For client training: training.americas@thomsonreuters.com ; +1 646-223-5546) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.

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