In this list
Electric Power | Natural Gas | Oil

US NOAA sees above-average Atlantic hurricane season with up to six major hurricanes

Energy | Electric Power | Energy Transition

Europe’s solar revival dream overshadowed by harsh new realities

Electric Power | Electricity | Energy | Energy Transition

European Long-Term Power Forecast

Energy | Oil | Energy Transition

APPEC 2023

Energy | Oil | Electric Power | Energy Transition | Natural Gas | Crude Oil | Nuclear | Renewables | Electricity

US POWER TRACKER: NYISO summer forward power prices 53% to 64% lower on year

Energy | Energy Transition | Petrochemicals | Oil | Coal | Natural Gas | Agriculture | Electric Power | Hydrogen | Emissions | Carbon | Polymers | LPG | Refined Products | Aromatics | Fuel Oil | Jet Fuel | Gasoline | Crude Oil | Biofuels | Renewables | Electricity

Insight Conversation: Saif Humaid al Falasi, ENOC Group

For full access to real-time updates, breaking news, analysis, pricing and data visualization subscribe today.

Subscribe Now

US NOAA sees above-average Atlantic hurricane season with up to six major hurricanes


Risks to production, refining, exports, ports

NOAA predicts up to 21 named storms

2021 season was third-most active

  • Author
  • Meghan Gordon
  • Editor
  • Jim Levesque
  • Commodity
  • Electric Power Natural Gas Oil
  • Topic
  • Infographics

US energy and commodity markets are set for another busy Atlantic hurricane season that poses risks to the Gulf Coast refining hub, offshore Gulf of Mexico oil and gas production, US electricity demand and fuel supplies.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

The US National Oceanic and Atmospheric Administration sees a 65% probability of an above-normal season, with:

  • 14-21 named storms;
  • six-10 hurricanes with winds of 74 mph or higher, and
  • three-six major hurricanes with winds 111 mph or higher

Strong US oil and gas exports and the largest-ever release from the Strategic Petroleum Reserve pose new risks for energy flows this hurricane season, on top of the usual risks to electricity demand and domestic fuel supplies.

NOAA attributed the expected increased activity to the ongoing La Nina system, warmer-than-average sea surface temperatures, weaker tropical Atlantic trade winds, and a more intense West African monsoon.

The 2021 Atlantic hurricane season was the third-most active for named storms, causing $78.5 billion in US damages, NOAA said.

Hurricane Ida in August 2021 shut 75% of Louisiana's refining capacity and nearly 95% of offshore Gulf of Mexico oil and gas output.

Click to see the full-size infographic.