Released December 07, 2021 | SUGAR LAND
en
Energy Market highlights gathered by Industrial Info and IIR Energy
POWER
ISO New England: Extreme Winter Weather May Pose Risk to Power System - ISO New England, the power grid operator for six New England states, on Monday said a severe prolonged cold snap could lead to emergency actions in New England as fuel supply issues threaten the ability to meet consumer demand for electricity this winter. Natural gas pipeline constraints, coupled with global supply-chain issues related to deliveries of oil and liquefied natural gas (LNG), are placing New England's power system at heightened risk heading into the winter season, the power grid operator said. (Reuters)
NATURAL GAS
U.S. Natural Gas Down 11% - U.S. natural gas futures fell more than 11% on Monday to the lowest in more than four and a half months as forecasts for mild December temperatures lowered the demand outlook. Front-month gas futures dropped 47.5 cents, or 11.5%, to settle at $3.657 per million British thermal units, their lowest close since July 15. (Reuters)
CRUDE OIL
Russia's Rosneft, Indian Oil Corporation Sign Crude Oil Deal - Rosneft (Moscow, Russia) has signed a deal to supply refiner Indian Oil Corporation Limited (Mumbai, India) with up to 2 million metric tons of crude oil next year, the Russian oil producer said in a press release on its website. (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 commodity-trading community. We are the number one source for information about power plant 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.
POWER
ISO New England: Extreme Winter Weather May Pose Risk to Power System - ISO New England, the power grid operator for six New England states, on Monday said a severe prolonged cold snap could lead to emergency actions in New England as fuel supply issues threaten the ability to meet consumer demand for electricity this winter. Natural gas pipeline constraints, coupled with global supply-chain issues related to deliveries of oil and liquefied natural gas (LNG), are placing New England's power system at heightened risk heading into the winter season, the power grid operator said. (Reuters)
NATURAL GAS
U.S. Natural Gas Down 11% - U.S. natural gas futures fell more than 11% on Monday to the lowest in more than four and a half months as forecasts for mild December temperatures lowered the demand outlook. Front-month gas futures dropped 47.5 cents, or 11.5%, to settle at $3.657 per million British thermal units, their lowest close since July 15. (Reuters)
CRUDE OIL
Russia's Rosneft, Indian Oil Corporation Sign Crude Oil Deal - Rosneft (Moscow, Russia) has signed a deal to supply refiner Indian Oil Corporation Limited (Mumbai, India) with up to 2 million metric tons of crude oil next year, the Russian oil producer said in a press release on its website. (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 commodity-trading community. We are the number one source for information about power plant 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.
