News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
PRODUCTION
U.S. Drillers Add Rigs for Second Week - U.S. energy firms last week added oil and natural gas rigs for a second week in a row for the first time since July 2024, energy services firm Baker Hughes Company (NASDAQ:BKR) (Houston, Texas) said. The oil and gas rig count rose by four to 586 in the week ending February 7. Baker Hughes said oil rigs rose by one to 480 last week, while gas rigs increased by two to 100. (Reuters)
LNG
FERC Releases Draft Environmental Report on Venture Global's CP2 LNG Project - U.S. liquefied natural gas (LNG) company Venture Global LNG's (NYSE:VG) (Arlington, Virginia) proposed CP2 export plant in Louisiana moved a step closer to construction after the U.S. Federal Energy Regulatory Commission (FERC) released a draft environmental report on Friday. In a filing on Friday, FERC said its staff prepared a draft supplement environmental impact statement (EIS) to address FERC's November 27 order addressing arguments raised about emissions from the plant. After taking another look at the plant's expected air emissions, FERC staff concluded in the current draft EIS that the project's emissions impacts "are not significant." FERC asked those interested in commenting on the draft EIS to submit comments by March 31. Subscribers to Industrial Info's Global Market Intelligence (GMI) Production Project Database can learn more by viewing the project report. (Reuters)
POWER
Enel Power Up Texas Solar & Storage System - Enel North America (Andover, Massachusetts) has brought online its Estonian Solar project in Delta County, Texas, which combines 202 megawatts (MW) of solar capacity with a 104-MW battery energy storage system. Subscribers to Industrial Info's Power Project Database can learn more by viewing the related project reports. (Renewables Now)
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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 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) 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).
PRODUCTION
U.S. Drillers Add Rigs for Second Week - U.S. energy firms last week added oil and natural gas rigs for a second week in a row for the first time since July 2024, energy services firm Baker Hughes Company (NASDAQ:BKR) (Houston, Texas) said. The oil and gas rig count rose by four to 586 in the week ending February 7. Baker Hughes said oil rigs rose by one to 480 last week, while gas rigs increased by two to 100. (Reuters)
LNG
FERC Releases Draft Environmental Report on Venture Global's CP2 LNG Project - U.S. liquefied natural gas (LNG) company Venture Global LNG's (NYSE:VG) (Arlington, Virginia) proposed CP2 export plant in Louisiana moved a step closer to construction after the U.S. Federal Energy Regulatory Commission (FERC) released a draft environmental report on Friday. In a filing on Friday, FERC said its staff prepared a draft supplement environmental impact statement (EIS) to address FERC's November 27 order addressing arguments raised about emissions from the plant. After taking another look at the plant's expected air emissions, FERC staff concluded in the current draft EIS that the project's emissions impacts "are not significant." FERC asked those interested in commenting on the draft EIS to submit comments by March 31. Subscribers to Industrial Info's Global Market Intelligence (GMI) Production Project Database can learn more by viewing the project report. (Reuters)
POWER
Enel Power Up Texas Solar & Storage System - Enel North America (Andover, Massachusetts) has brought online its Estonian Solar project in Delta County, Texas, which combines 202 megawatts (MW) of solar capacity with a 104-MW battery energy storage system. Subscribers to Industrial Info's Power Project Database can learn more by viewing the related project reports. (Renewables Now)
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) 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).
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