Jordan Cove LNG Project, Dakota Access Pipeline: Your Daily Energy News

Energy Market highlights gathered by Industrial Info and IIR Energy

LNG
Pembina Pauses Jordan Cove LNG Project - Canadian energy company Pembina Pipeline Corporation (NYSE:PBA) paused development of its proposed Jordan Cove liquefied natural gas (LNG) export plant in Oregon, according to an appeals court filing. In the filing on Thursday, Pembina said it was assessing "the impact of recent regulatory decisions involving denial of permits or authorizations necessary for the project to move forward." The company asked the U.S. Court of Appeals for the District of Columbia Circuit to place the case in abeyance pending the outcome of that re-assessment. The U.S. Federal Energy Regulatory Commission approved construction of Jordan Cove and its Pacific Connector gas pipeline in March 2020, but the project failed to receive water permits from Oregon. (Projects 22001194, 300080797) (Reuters)

PRODUCTION
U.S. Rig Count Falls for First Week Since March - U.S. energy firms cut the number of oil rigs operating for the first week since March. U.S. oil rigs fell one to 343 in the week ending April 23, while gas rigs remained unchanged at 94, according to data on Friday from energy services firm Baker Hughes Company. Before this week, drillers added rigs for five weeks in a row. (Reuters)

PIPELINES
U.S. Appeals Court Denies Dakota Access Pipeline Rehearing Request - A U.S. appeals court on Friday denied Dakota Access LLC's petition for a rehearing of a court decision that canceled a key permit for its oil pipeline and ordered an environmental review, court documents show. The decision by the United States Court of Appeals for the District of Columbia means the Dakota Access Pipeline technically is still trespassing on federal land because it does not have a permit to cross under the Dakotas' Lake Oahe. The pipeline is currently operating indefinitely but will be reassessed once the environmental review of the line is completed in March 2022. (Pipeline 3517800) (Reuters)

.....

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), 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.