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Released January 22, 2021 | SUGAR LAND
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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
POWER
Dominion Acquires Ohio Solar Facility - Dominion Energy (NYSE:D) announced that one of its subsidiaries has acquired the 150-megawatt Hardin solar generating facility, which recently entered service in Hardin County, Ohio, from Invenergy. Facebook (NASDAQ:FB) will take the electricity generated at the facility as well as the renewable energy credits, under a long-term agreement signed prior to the project's construction. (Project 300347634) (PR Newswire)
PRODUCTION
Biden Suspends Federal Oil & Gas Leasing Permits - The Biden administration has temporarily suspended oil and gas leasing and permitting on federal lands and waters while it evaluates the legal and policy implications of the program, according to a Department of Interior memo. The move appears to be a first step in delivering on newly sworn-in President Joe Biden's campaign promise to ban all new federal drilling permits. (Reuters)
FINANCIAL
TC Energy to Cut Jobs as Keystone XL Pipeline Nixed - TC Energy Corporation (NYSE:TRP) will eliminate more than 1,000 construction jobs in coming weeks and halt work on the Keystone XL oil pipeline after U.S. President Joe Biden revoked the project's presidential permit, the company said in an email to employees. Biden's decision to cancel the permit is seen as the project's death knell, after more than a decade of legal battles and shifting fortunes based on who held office in the White House. Click here for Industrial Info's project reports on Keystone XL. (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.
POWER
Dominion Acquires Ohio Solar Facility - Dominion Energy (NYSE:D) announced that one of its subsidiaries has acquired the 150-megawatt Hardin solar generating facility, which recently entered service in Hardin County, Ohio, from Invenergy. Facebook (NASDAQ:FB) will take the electricity generated at the facility as well as the renewable energy credits, under a long-term agreement signed prior to the project's construction. (Project 300347634) (PR Newswire)
PRODUCTION
Biden Suspends Federal Oil & Gas Leasing Permits - The Biden administration has temporarily suspended oil and gas leasing and permitting on federal lands and waters while it evaluates the legal and policy implications of the program, according to a Department of Interior memo. The move appears to be a first step in delivering on newly sworn-in President Joe Biden's campaign promise to ban all new federal drilling permits. (Reuters)
FINANCIAL
TC Energy to Cut Jobs as Keystone XL Pipeline Nixed - TC Energy Corporation (NYSE:TRP) will eliminate more than 1,000 construction jobs in coming weeks and halt work on the Keystone XL oil pipeline after U.S. President Joe Biden revoked the project's presidential permit, the company said in an email to employees. Biden's decision to cancel the permit is seen as the project's death knell, after more than a decade of legal battles and shifting fortunes based on who held office in the White House. Click here for Industrial Info's project reports on Keystone XL. (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.
