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Released October 17, 2019 | SUGAR LAND
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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
PIPELINES
Phillips 66 Sets Rates for Gray Oak Pipeline - Phillips 66 Partners LP (NYSE:PSXP) set spot rates of $4.75 a barrel to ship crude oil on its new 900,000-barrel-per-day Gray Oak crude pipeline within points in Texas, according to a filing this week. (Project 300406628) (Reuters)
LNG
Chevron Starts Maintenance at Gorgon LNG Plant in Australia - Chevron Corporation (NYSE:CVX) has started maintenance work at one of three trains at its Gorgon liquefied natural gas (LNG) export plant and plans to conduct another next year, according to a notice on the energy company's website. The company planned to shut more than half an LNG train at the facility from October 11 to November 29, and more than one LNG train over May 23-July 11, next year, according to the notice. (Outage 442476) (Reuters)
REFINING
U.S. Sanctions Benefit European Refiners - This Reuters article discusses how U.S. sanctions imposed last month on subsidiaries of Chinese shipping fleet Cosco have given an unexpected boost to European refiners as less crude oil from the North Sea and West Africa heads east. Complex refining margins for advanced facilities capable of extracting even more valuable products like diesel and gasoline, have been especially strong in Europe, according to industry sources. (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, 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.
PIPELINES
Phillips 66 Sets Rates for Gray Oak Pipeline - Phillips 66 Partners LP (NYSE:PSXP) set spot rates of $4.75 a barrel to ship crude oil on its new 900,000-barrel-per-day Gray Oak crude pipeline within points in Texas, according to a filing this week. (Project 300406628) (Reuters)
LNG
Chevron Starts Maintenance at Gorgon LNG Plant in Australia - Chevron Corporation (NYSE:CVX) has started maintenance work at one of three trains at its Gorgon liquefied natural gas (LNG) export plant and plans to conduct another next year, according to a notice on the energy company's website. The company planned to shut more than half an LNG train at the facility from October 11 to November 29, and more than one LNG train over May 23-July 11, next year, according to the notice. (Outage 442476) (Reuters)
REFINING
U.S. Sanctions Benefit European Refiners - This Reuters article discusses how U.S. sanctions imposed last month on subsidiaries of Chinese shipping fleet Cosco have given an unexpected boost to European refiners as less crude oil from the North Sea and West Africa heads east. Complex refining margins for advanced facilities capable of extracting even more valuable products like diesel and gasoline, have been especially strong in Europe, according to industry sources. (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, 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.
