Mexico's Pemex Reports No Damage from Hurricane Dolly

MEXICO CITY (Dow Jones Newswires), July 24, 2008

Mexican state oil firm Petroleos Mexicanos hasn't found any signs of damage after Hurricane Dolly passed through the company's northern operations on Wednesday.

The company said in a statement that staff flew over oil and natural gas installations offshore and on land on Wednesday. Pemex implemented a hurricane contingency plan earlier this week, evacuating staff from an offshore platform and securing equipment to prevent wind damage.

Dolly has been downgraded to a tropical storm as it moved through Texas. A storm warning for the Texas coast from Brownsville to Port Aransas will probably be removed later Thursday morning, the U.S. National Hurricane Center said Thursday.

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