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Gulf Oil Operators Chevron, BP, Equinor, Shell Brace as Tropical Storm Rafael Threatens Production

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million barrels of oil and 6.39 billion cubic feet of natural gas production per day, according to Earth Science Associates. Earlier forecasts from the Energy Information Administration had predicted as many as 25 storms, warning of record-breaking disruptions for the oil and gas industry.

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Happy Halloween! ExxonMobil, BP, Shell, and More Face Tricks and Treats in a Spooky Q3 Earnings Season

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Earnings per share plummeted to $2.25, and the decline was largely due to a 14% dip in crude realisations and a spine-tingling 60% decrease in natural gas realisations. Despite this trick rather than treat, ExxonMobil boosted production by 80,000 oil-equivalent barrels daily, driven by growth in the Permian Basin and Guyana.

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