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Released July 11, 2019 | SUGAR LAND
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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
LNG
Cheniere Must Do Work on LNG Storage Terminals - U.S. energy and safety regulators told Cheniere Energy Incorporated (NYSE:LNG) on Tuesday the company had to take several steps before the agencies would authorize the return to service of two liquefied natural gas (LNG) storage tanks that leaked at the Sabine Pass LNG export terminal in Louisiana. The U.S. Department of Transportation's Pipeline and Hazardous Materials Safety Administration and the Federal Energy Regulatory Commission told Cheniere that neither agency is prepared to authorize a return to service at this time. (Plant 1061191) (Reuters)
Tellurian Signs LNG Purchase Deal With Total - Tellurian Incorporated (NASDAQ:TELL) announced that it has entered into definitive agreements with Total S.A. (NYSE:TOT), for Total to purchase 1 million tonnes per year of LNG from the Driftwood LNG terminal and for Total to invest $500 million in Driftwood Holdings LP. (Project 300292225) (Business Wire)
CRUDE OIL
U.S. Crude Stocks Fall Nearly 10 Million Barrels - U.S. crude inventories fell by 9.5 million barrels in the week ending July 5, as refineries processed the most crude oil since January, the Energy Information Administration said on Wednesday. Stocks have now fallen for four consecutive weeks. (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.
LNG
Cheniere Must Do Work on LNG Storage Terminals - U.S. energy and safety regulators told Cheniere Energy Incorporated (NYSE:LNG) on Tuesday the company had to take several steps before the agencies would authorize the return to service of two liquefied natural gas (LNG) storage tanks that leaked at the Sabine Pass LNG export terminal in Louisiana. The U.S. Department of Transportation's Pipeline and Hazardous Materials Safety Administration and the Federal Energy Regulatory Commission told Cheniere that neither agency is prepared to authorize a return to service at this time. (Plant 1061191) (Reuters)
Tellurian Signs LNG Purchase Deal With Total - Tellurian Incorporated (NASDAQ:TELL) announced that it has entered into definitive agreements with Total S.A. (NYSE:TOT), for Total to purchase 1 million tonnes per year of LNG from the Driftwood LNG terminal and for Total to invest $500 million in Driftwood Holdings LP. (Project 300292225) (Business Wire)
CRUDE OIL
U.S. Crude Stocks Fall Nearly 10 Million Barrels - U.S. crude inventories fell by 9.5 million barrels in the week ending July 5, as refineries processed the most crude oil since January, the Energy Information Administration said on Wednesday. Stocks have now fallen for four consecutive weeks. (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.
