Released December 04, 2020 | SUGAR LAND
en
News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
ENVIRONMENTAL
Pioneer Natural Aims to Reduce Greenhouse Gas, Methane Emissions - Pioneer Natural Resources (NYSE:PXD) set targets to reduce its greenhouse gas and methane emissions on Wednesday, becoming the latest oil and gas company to set long-term climate goals. Pioneer Natural said it is aiming for a 25% reduction in greenhouse gas intensity and a 40% cut in methane intensity by 2030. That includes the assets of Parsley Energy, which it acquired in October. The company also set a goal to limit its flaring intensity to less than 1% of natural gas produced. (Reuters)
Trump Administration Rule Would Reduce Environmental Reviews of LNG Projects - The Trump administration's Energy Department on Thursday issued a rule to exclude some licensing of liquefied natural gas (LNG) projects from environmental reviews that have been required by U.S. law, in a show of support for the fossil fuel industry. The rule, which the Department of Energy issued in a pre-publication notice in the Federal Register, frees LNG export and import license applications from including environmental reviews that have been required under the National Environmental Policy Act. (Reuters)
POWER
Close to 100,000 Californians Lose Power Because of Fire Risk - A high risk of fires due to weather conditions in California prompted Sempra Energy's (NYSE:SRE) San Diego Gas & Electric (SDG&E) and Edison International's (NYSE:EIX) Southern California Edison to shut off power supply to close to 100,000 customers on Thursday. SDG&E said in a statement it had shut off supply to about 64,503 customers in parts of California including portions of Nestor and San Marcos, while Southern California Edison said it had cut supply to 33,164 customers. (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.
ENVIRONMENTAL
Pioneer Natural Aims to Reduce Greenhouse Gas, Methane Emissions - Pioneer Natural Resources (NYSE:PXD) set targets to reduce its greenhouse gas and methane emissions on Wednesday, becoming the latest oil and gas company to set long-term climate goals. Pioneer Natural said it is aiming for a 25% reduction in greenhouse gas intensity and a 40% cut in methane intensity by 2030. That includes the assets of Parsley Energy, which it acquired in October. The company also set a goal to limit its flaring intensity to less than 1% of natural gas produced. (Reuters)
Trump Administration Rule Would Reduce Environmental Reviews of LNG Projects - The Trump administration's Energy Department on Thursday issued a rule to exclude some licensing of liquefied natural gas (LNG) projects from environmental reviews that have been required by U.S. law, in a show of support for the fossil fuel industry. The rule, which the Department of Energy issued in a pre-publication notice in the Federal Register, frees LNG export and import license applications from including environmental reviews that have been required under the National Environmental Policy Act. (Reuters)
POWER
Close to 100,000 Californians Lose Power Because of Fire Risk - A high risk of fires due to weather conditions in California prompted Sempra Energy's (NYSE:SRE) San Diego Gas & Electric (SDG&E) and Edison International's (NYSE:EIX) Southern California Edison to shut off power supply to close to 100,000 customers on Thursday. SDG&E said in a statement it had shut off supply to about 64,503 customers in parts of California including portions of Nestor and San Marcos, while Southern California Edison said it had cut supply to 33,164 customers. (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.
