Record U.S. LNG Exports, Plains All American Acquisition: Your Daily Energy News

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

LNG
U.S. Hits Highest LNG Exports Ever in August - U.S. exports of liquefied natural gas (LNG) reached an all-time high in August as plants exited planned maintenance programs and Venture Global LNG's (Arlington, Virginia) Plaquemines facility continued to increase output, preliminary data from financial firm LSEG show. August exports totaled 9.33 million metric tons, beating the previous monthly record set in April of 9.25 million tons and higher than the 9.1 million tons exported in July, according to LSEG data. (Reuters)

POWER
U.K. Extends Life of Two Nuclear Power Plants - British Gas owner Centrica (Windsor, England) said on Tuesday the life of two nuclear power stations in the U.K., in which it has a 20% share, has been extended until 2028. Heysham 1 and Hartlepool power stations, which are operated by French state-owned utility EDF, are now expected to generate electricity until March 2028, Centrica said. Subscribers to Industrial Info's Global Market Intelligence (GMI) Plant Database can click here for the plant profiles. (Reuters)

CORPORATE
Plains All American to Buy EPIC Crude Stake for $1.6 Billion - Plains All American Pipeline LP (Houston, Texas) said on Tuesday it would buy a 55% stake in pipeline operator EPIC Crude Holdings (San Antonio, Texas) from units of Diamondback Energy Incorporated (Midland, Texas) and Kinetik Holdings (Midland) for $1.57 billion, including $600 million in debt. (Reuters)

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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).