Released February 19, 2020 | SUGAR LAND
en
News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
GASOLINE
U.S. Gasoline Prices Rise as Outages Hit Refineries - U.S. gasoline prices on Tuesday continued a week-long climb as unplanned weekend refinery outages compounded earlier shutdowns at major U.S. Gulf Coast and East Coast plants, gasoline traders said. Over the weekend, four refineries in Texas and Louisiana shut units directly making gasoline or portions of it. (Reuters)
LNG
Potential LNG Producers, Traders Stay Away as Prices Drop - This Bloomberg article explores how a plunge in prices is shaking some of the more marginal players out of the liquefied natural gas (LNG) market. Major utilities from Orsted A/S in Denmark to Iberdrola SA in Spain are exiting the business. The moves drain momentum from a push by companies in almost every corner of the energy industry to start trading LNG. (Bloomberg)
PRODUCTION
Texas Oil Production to Grow at Slower Pace - Texas oil production is expected to rise each month this year, but the growth rate is expected to slow, Norwegian energy research firm Rystad Energy said Tuesday in a report. Oil production from Texas wells increased to an estimated 5.4 million barrels per day in December, according to the report. Statewide fracking is expected to help boost production almost every month this year, but the pace of growth is seen slowing, Rystad said. (Houston Chronicle)
.....
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.
GASOLINE
U.S. Gasoline Prices Rise as Outages Hit Refineries - U.S. gasoline prices on Tuesday continued a week-long climb as unplanned weekend refinery outages compounded earlier shutdowns at major U.S. Gulf Coast and East Coast plants, gasoline traders said. Over the weekend, four refineries in Texas and Louisiana shut units directly making gasoline or portions of it. (Reuters)
LNG
Potential LNG Producers, Traders Stay Away as Prices Drop - This Bloomberg article explores how a plunge in prices is shaking some of the more marginal players out of the liquefied natural gas (LNG) market. Major utilities from Orsted A/S in Denmark to Iberdrola SA in Spain are exiting the business. The moves drain momentum from a push by companies in almost every corner of the energy industry to start trading LNG. (Bloomberg)
PRODUCTION
Texas Oil Production to Grow at Slower Pace - Texas oil production is expected to rise each month this year, but the growth rate is expected to slow, Norwegian energy research firm Rystad Energy said Tuesday in a report. Oil production from Texas wells increased to an estimated 5.4 million barrels per day in December, according to the report. Statewide fracking is expected to help boost production almost every month this year, but the pace of growth is seen slowing, Rystad said. (Houston Chronicle)
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.
