Released January 21, 2022 | SUGAR LAND
en
Energy Market highlights gathered by Industrial Info and IIR Energy
PRODUCTION
Canada's 2022 Oil & Gas Spending Expected to Rise - Capital spending by Canada's oil and gas industry is set to jump 22% to C$32.8 billion (US$26.28 billion) this year as it looks to capitalize on a surge in crude oil prices, the Canadian Association of Petroleum Producers (CAPP) said on Thursday. (Reuters)
LNG
Japan's 2021 LNG Imports Slip, Giving China Top Position - Japan's imports of liquefied natural gas (LNG) fell 0.2% in 2021 to 74.32 million metric tons, giving up the world's largest buyer spot to China which increased its imports of the fuel by 18% to a record high. China's imports of LNG for the whole of last year totaled a record 78.93 million metric tons, according to customs data. (Reuters)
CRUDE OIL
U.S. Crude Oil Supplies Rise - U.S. crude oil stockpiles rose last week for the first time since November while gasoline inventories grew to an 11-month high, the Energy Information Administration (EIA) said on Thursday. Crude oil inventories rose by 515,000 barrels in the week ending January 14 to 413.8 million barrels. U.S. gasoline stocks rose by 5.9 million barrels in the week to 246.6 million barrels, the EIA said. Distillate stockpiles fell by 1.4 million barrels last week to 128 million barrels. (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 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.
PRODUCTION
Canada's 2022 Oil & Gas Spending Expected to Rise - Capital spending by Canada's oil and gas industry is set to jump 22% to C$32.8 billion (US$26.28 billion) this year as it looks to capitalize on a surge in crude oil prices, the Canadian Association of Petroleum Producers (CAPP) said on Thursday. (Reuters)
LNG
Japan's 2021 LNG Imports Slip, Giving China Top Position - Japan's imports of liquefied natural gas (LNG) fell 0.2% in 2021 to 74.32 million metric tons, giving up the world's largest buyer spot to China which increased its imports of the fuel by 18% to a record high. China's imports of LNG for the whole of last year totaled a record 78.93 million metric tons, according to customs data. (Reuters)
CRUDE OIL
U.S. Crude Oil Supplies Rise - U.S. crude oil stockpiles rose last week for the first time since November while gasoline inventories grew to an 11-month high, the Energy Information Administration (EIA) said on Thursday. Crude oil inventories rose by 515,000 barrels in the week ending January 14 to 413.8 million barrels. U.S. gasoline stocks rose by 5.9 million barrels in the week to 246.6 million barrels, the EIA said. Distillate stockpiles fell by 1.4 million barrels last week to 128 million barrels. (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.
