Shell Says Monitoring Tropical Disturbance 35 For Potential Impacts To Its Assets And Operations In The Gulf Of Mexico; Shell Has Shut In Production At Its Stones Asset And Has Curtailed Production At Appomattox; Continue To Evacuate Non-essential Personnel From Assets In Mars Corridor; Currently, There Are No Other Impacts On Our Production Across The Gulf Of Mexico
Portfolio Pulse from Benzinga Newsdesk
Shell is monitoring Tropical Disturbance 35 for potential impacts on its Gulf of Mexico operations. Production has been shut at the Stones asset and curtailed at Appomattox. Non-essential personnel are being evacuated from the Mars Corridor, with no other production impacts reported.
September 23, 2024 | 4:54 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Shell is taking precautionary measures due to Tropical Disturbance 35, affecting its Gulf of Mexico operations. Production is shut at Stones and curtailed at Appomattox, with evacuations in the Mars Corridor.
The tropical disturbance poses a direct threat to Shell's operations in the Gulf of Mexico, leading to production shutdowns and curtailments. This is likely to have a negative short-term impact on Shell's stock due to potential disruptions and financial implications.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100