EPIC Crude Holdings, PSEG: Your Daily Energy News

News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.

PIPELINES
EPIC Commences Service on Texas Crude Oil Pipeline - EPIC Crude Holdings announced the successful commissioning of its 30-inch permanent crude oil pipeline. The pipeline extends from EPIC's Crane terminal to Robstown, Texas, with an initial capacity of approximately 600,000 barrels of oil per day and is expected to be in full service on April 1, 2020. (Projects 300340737, 300426965, 300426974) (Business Wire)

EARNINGS REPORTS
PSEG Boosts Net Income - Power company Public Service Enterprise Group (NYSE:PEG) (PSEG) reported full-year 2019 net income of $1.69 billion, compared with $1.44 billion in 2018. (PR Newswire)

CRUDE OIL
U.S. Crude Oil Stocks Rise - U.S. crude oil inventories rose by 452,000 barrels in the week ended February 21 to 443.3 million barrels. Gasoline stocks fell by 2.7 million barrels in the week to 256.4 million barrels. Distillate stockpiles, which include diesel and heating oil, fell by 2.1 million barrels in the week to 138.5 million barrels. (Reuters)

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About Industrial Info
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.