News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
CORPORATE
Total to Divest $5 Billion in Assets - French energy giant Total (NYSE:TOT) will sell about $5 billion of assets, mostly from its exploration and production business, as it sharpens its focus on low-breakeven projects that can weather weak oil prices. (Reuters)
PIPELINES
U.S. Court Vacates Permit for Dominion's Atlantic Coast Pipeline - A U.S. appeals court on Friday vacated a permit by the U.S. Fish and Wildlife Service that allowed Dominion Energy (NYSE:D) to build its Atlantic Coast natural gas pipeline from West Virginia to North Carolina in areas inhabited by threatened or endangered species. Dominion suspended construction of the long-delayed project in early December after the 4th U.S. Circuit Court of Appeals in Richmond, Virginia, stayed the Fish and Wildlife Service's permit. (Projects 300168253 , 300167416, 300243526, 300168124) (Reuters)
LNG
U.S. Approves Commercial Service for Sempra's Cameron LNG Plant - U.S. energy regulators on Friday approved Sempra Energy's (NYSE:SRE) request to commence commercial service of the first liquefaction train at its $10 billion Cameron liquefied natural gas export (LNG) terminal in Louisiana. (Project 300073863) (Reuters)
PRODUCTION
U.S. Drillers Cut Oil Rigs - U.S. drillers cut the number of rigs drilling for oil by three for the week ending July 26, to 776, the lowest since February 2018. (Reuters)
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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, eight 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.
CORPORATE
Total to Divest $5 Billion in Assets - French energy giant Total (NYSE:TOT) will sell about $5 billion of assets, mostly from its exploration and production business, as it sharpens its focus on low-breakeven projects that can weather weak oil prices. (Reuters)
PIPELINES
U.S. Court Vacates Permit for Dominion's Atlantic Coast Pipeline - A U.S. appeals court on Friday vacated a permit by the U.S. Fish and Wildlife Service that allowed Dominion Energy (NYSE:D) to build its Atlantic Coast natural gas pipeline from West Virginia to North Carolina in areas inhabited by threatened or endangered species. Dominion suspended construction of the long-delayed project in early December after the 4th U.S. Circuit Court of Appeals in Richmond, Virginia, stayed the Fish and Wildlife Service's permit. (Projects 300168253 , 300167416, 300243526, 300168124) (Reuters)
LNG
U.S. Approves Commercial Service for Sempra's Cameron LNG Plant - U.S. energy regulators on Friday approved Sempra Energy's (NYSE:SRE) request to commence commercial service of the first liquefaction train at its $10 billion Cameron liquefied natural gas export (LNG) terminal in Louisiana. (Project 300073863) (Reuters)
PRODUCTION
U.S. Drillers Cut Oil Rigs - U.S. drillers cut the number of rigs drilling for oil by three for the week ending July 26, to 776, the lowest since February 2018. (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 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, eight 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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