The effects of Hurricane Harvey resulted in shutdowns at oil and gas facilities along the United States Gulf Coast as severe rainfall continued over the weekend.
“The slow moving nature of the storm will likely lead to these shutdowns continuing in coming days and may generate persistent damage as well,” Damien Courvalin, head of energy research at Goldman Sachs, told The Washington Times.
“As of Monday afternoon more than 13% of all platforms in the Gulf of Mexico have been evacuated, and nearly 19% of all...
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