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TC Energy, Weatherford International: Your Daily Energy News

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

Released on Thursday, October 10, 2019
News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.

PIPELINES
Trump's Fast-Tracking Pipeline Projects Hits Legal Roadblocks
- This Reuters article provides a good summary of the snags hit in proceeding with construction on TC Energy's (NYSE:TRP) Keystone XL crude oil pipeline and Dominion's (NSYE:D) Atlantic Coast and EQM Midstream's (NYSE:EQM) Mountain Valley natural gas pipelines. (Projects 300168253, 300167416, 300243526, 300168124, 300393622, 30018314, 34000908, 47000438) (Reuters)

CRUDE OIL
U.S. Crude Oil Inventories Rise
- U.S. crude oil stockpiles rose by 2.9 million barrels last week, to 425.6 million. U.S. crude oil production reached a record of 12.6 million barrels per day. (Reuters)

PRODUCTION
Struggling Weatherford Wins Three Oil Field Contracts in Iraq
- Struggling oilfield service company Weatherford International has landed three contracts in the oil fields of Iraq. In a statement released Tuesday afternoon, Weatherford reported that the company has been awarded a pair of two-year drilling rig contracts and a five-year oil well service contract in the Middle Eastern nation. (Houston Chronicle)

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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 trading, logistics and marketing communities. We are the number one source for information about electricity 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. For more information on our coverage, send inquiries to info@industrialinfo.com or visit us online at http://www.industrialinfo.com.
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