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Ameren, Occidental Petroleum, Low British Gas Stores: Your Daily Energy News

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Released on Monday, January 13, 2025
News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.

POWER
200-MW Solar Farm Begins Delivering Power to Ameren Missouri
- EDF Renewables North America (San Diego, California) last week announced the commissioning of the 200-megawatt Huck Finn solar park in Audrain County, Missouri, which is now part of the portfolio of utility Ameren Missouri (St. Louis, Missouri). Subscribers to Industrial Info's Global Market Intelligence (GMI) Project Database can learn more by viewing the project report. (Renewables Now)

CRUDE OIL
Occidental Says it Realized Lower Crude Oil Prices in Fourth Quarter
- U.S. shale producer Occidental Petroleum Corporation (NYSE:OXY) (Houston, Texas) said the prices received for oil production during the fourth quarter were lower than the preceding three months, as global demand for the commodity weakened. Crude oil prices declined about 6% in the quarter ended December 31 from the prior three months, and fell nearly 12% from a year ago. (Reuters)

NATURAL GAS
Centrica: British Natural Gas Levels 'Concerningly Low'
-The U.K.'s gas stores have fallen "concerningly low" after freezing temperatures across Britain significantly boosted demand, the owner of British Gas, Centrica plc (Windsor, England), has warned. Centrica said the U.K. "has less than a week of gas demand in store" and that Britain's storage sites are 26% lower than they were at the same time last year, leaving them around half full. (The Independent)

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About IIR Energy
Energy asset information on power plants, oil refineries and natural gas infrastructure is now more important than ever. A unit of Industrial Info Resources, IIR Energy provides infrastructure information on these assets, as well as real-time tracking of planned and unplanned interruptions affecting the commodity-trading community. We are the number one source for information about power plant outages, refinery turnarounds and midstream natural gas disruptions.

About Industrial Info
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).

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