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Cheniere, Duke Energy: Your Daily Energy News

Scan through a selection of energy-related news highlights that we think will interest our clients.

Released on Wednesday, August 26, 2020
News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.

LNG
Cheniere Suspends Operations at Sabine Pass LNG Plant
- U.S. liquefied natural gas company Cheniere Energy Incorporated (NYSE:LNG) said on Tuesday it temporarily suspended operations and evacuated personnel at its Sabine Pass LNG export terminal in Louisiana as Hurricane Laura churns toward the plant site. Click here for outage reports. (Plant 3007400) (Reuters)

POWER
Duke Energy Announces Addition of Battery Storage at Florida Solar Site
- Duke Energy Corporation (NYSE:DUK) announced that will add 18 megawatts of battery energy storage at its Lake Placid Solar Power Plant in Highlands County, Florida. (Plant 3362117) (PR Newswire)

CRUDE OIL
Oil Hits Five-Month High Ahead of Hurricane Laura
- Crude oil prices rose to a five-month high on Tuesday as U.S. producers shut most offshore output in the Gulf of Mexico ahead of Hurricane Laura. Brent futures rose 73 cents, or 1.6%, to settle at $45.86 a barrel, while U.S. West Texas Intermediate (WTI) crude rose 73 cents, or 1.7%, to settle at $43.35. That was the highest closes for both benchmarks since March 5. (Reuters)

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About Industrial Info
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