Released February 13, 2020 | SUGAR LAND
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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
FINANCIAL
Noble Energy Lowers Annual Capital Spending - Noble Energy (NYSE:NBL) announced that it expects capital spending of $1.6 billion to $1.8 billion in 2020, a reduction of approximately $560 million from 2019. (Business Wire)
REFINING
Fire Occurs at ExxonMobil's Baton Rouge Refinery - A fire broke out late Tuesday at Exxon Mobil Corporation's (NYSE:XOM) (ExxonMobil) refinery in Baton Rouge, Louisiana. The fire has been extinguished, and there were no injuries. (Offline Events 503990, 503991, 503974, 503980) (Houston Chronicle)
CRUDE OIL
U.S. Crude Supplies Rise - Data from the U.S. Energy Information Administration (EIA) showed that U.S. crude supplies rose by 7.5 million barrels for the week ended February 7. That followed increases in each of the previous two weeks. (Market Watch)
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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.
FINANCIAL
Noble Energy Lowers Annual Capital Spending - Noble Energy (NYSE:NBL) announced that it expects capital spending of $1.6 billion to $1.8 billion in 2020, a reduction of approximately $560 million from 2019. (Business Wire)
REFINING
Fire Occurs at ExxonMobil's Baton Rouge Refinery - A fire broke out late Tuesday at Exxon Mobil Corporation's (NYSE:XOM) (ExxonMobil) refinery in Baton Rouge, Louisiana. The fire has been extinguished, and there were no injuries. (Offline Events 503990, 503991, 503974, 503980) (Houston Chronicle)
CRUDE OIL
U.S. Crude Supplies Rise - Data from the U.S. Energy Information Administration (EIA) showed that U.S. crude supplies rose by 7.5 million barrels for the week ended February 7. That followed increases in each of the previous two weeks. (Market Watch)
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.
