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Released July 10, 2019 | SUGAR LAND
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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
PRODUCTION
Enterprise Begins Service on Natural Gas Processing Unit - Enterprise Products Partners (NYSE:EPD) announced that service has begun on the third natural gas processing unit at the company's facility in Orla, Texas. The unit increases the plant's processing capacity to 900 million cubic feet per day. (Project 300411151) (Business Wire)
Alberta Oil Producers Aim to End Production Cuts - This Reuters article discusses how major Canadian oil companies, which publicly disagreed over the Alberta government's forced oil production curtailments, are in lockstep over how to end the production limits. Senior executives from Suncor Energy (NYSE:SU), Canadian Natural Resources (NYSE:CNQ), Imperial Oil (TSX:IMO) and Cenovus Energy (NYSE:CVE) said at a TD Securities investor conference in Calgary on Tuesday that they are in talks with Premier Jason Kenney's Alberta government. The discussions center on ending the mandatory cuts just as added rail capacity to move crude comes online. (Reuters)
EIA: U.S. Oil Production to Reach Record Highs in 2019 - U.S. crude oil production will rise to an all-time high of 12.36 million barrels per day (BBL/d) in 2019 from a record high of 10.96 million BBL/d last year, the Energy Information Administration's (EIA) Short Term Energy Outlook said on Tuesday. The latest July output projection for 2019 was up from EIA's 12.32 million BBL/d forecast in June. (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.
PRODUCTION
Enterprise Begins Service on Natural Gas Processing Unit - Enterprise Products Partners (NYSE:EPD) announced that service has begun on the third natural gas processing unit at the company's facility in Orla, Texas. The unit increases the plant's processing capacity to 900 million cubic feet per day. (Project 300411151) (Business Wire)
Alberta Oil Producers Aim to End Production Cuts - This Reuters article discusses how major Canadian oil companies, which publicly disagreed over the Alberta government's forced oil production curtailments, are in lockstep over how to end the production limits. Senior executives from Suncor Energy (NYSE:SU), Canadian Natural Resources (NYSE:CNQ), Imperial Oil (TSX:IMO) and Cenovus Energy (NYSE:CVE) said at a TD Securities investor conference in Calgary on Tuesday that they are in talks with Premier Jason Kenney's Alberta government. The discussions center on ending the mandatory cuts just as added rail capacity to move crude comes online. (Reuters)
EIA: U.S. Oil Production to Reach Record Highs in 2019 - U.S. crude oil production will rise to an all-time high of 12.36 million barrels per day (BBL/d) in 2019 from a record high of 10.96 million BBL/d last year, the Energy Information Administration's (EIA) Short Term Energy Outlook said on Tuesday. The latest July output projection for 2019 was up from EIA's 12.32 million BBL/d forecast in June. (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.
