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Plant(s): View 1 related plant in PECWeb
Released January 23, 2024 | SUGAR LAND
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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
TERMINALS
Enterprise Expects License for Sea Port Oil Terminal This Quarter - Enterprise Products Partners LP (NYSE:EPD) (Houston, Texas) expects to receive an export license for its Sea Port Oil Terminal (SPOT) in the first quarter of 2024 versus by the end of 2023, as previously expected, a company executive said on Monday. The SPOT project includes a deepwater port marine terminal in the Gulf of Mexico near Freeport, Texas, that will connect to onshore crude storage facilities and have capacity to load very large crude carriers and other vessels at rates of up to 85,000 barrels per hour. Subscribers to Industrial Info's Global Market Intelligence (GMI) Terminals Project Database can click here for more information on the project. (Reuters)
CORPORATE
U.S. Seeks More Data on Occidental-Crown Rock Deal - The U.S. Federal Trade Commission (FTC) has asked for more information on Occidental Petroleum Corporation (NYSE:OXY) (Houston, Texas) $12 billion deal for Permian-based producer CrownRock (Midland, Texas), the firms said on Monday, making it the latest big oil merger to face increased scrutiny. Occidental and CrownRock said they received the FTC request on January 19 and will continue to work constructively with the regulator. The proposed acquisition would boost Occidental's oil and gas production in the Permian by 170,000 barrels of oil and gas per day to 750,000 barrels. (Reuters)
PRODUCTION
TotalEnergies: Danish Offshore Gas Field Ready to Start in March - TotalEnergies SE (NYSE:TTE) (Courbevoie, France) will restart production at Denmark's Tyra natural gas field in March this year, the company said in a statement on Monday. Denmark's largest gas field was temporarily closed for redevelopment in 2019 and remains on schedule for a March 31 startup, the French oil major said. Subscribers to Industrial Info's Production Project Database can click here for related reports. (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) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
TERMINALS
Enterprise Expects License for Sea Port Oil Terminal This Quarter - Enterprise Products Partners LP (NYSE:EPD) (Houston, Texas) expects to receive an export license for its Sea Port Oil Terminal (SPOT) in the first quarter of 2024 versus by the end of 2023, as previously expected, a company executive said on Monday. The SPOT project includes a deepwater port marine terminal in the Gulf of Mexico near Freeport, Texas, that will connect to onshore crude storage facilities and have capacity to load very large crude carriers and other vessels at rates of up to 85,000 barrels per hour. Subscribers to Industrial Info's Global Market Intelligence (GMI) Terminals Project Database can click here for more information on the project. (Reuters)
CORPORATE
U.S. Seeks More Data on Occidental-Crown Rock Deal - The U.S. Federal Trade Commission (FTC) has asked for more information on Occidental Petroleum Corporation (NYSE:OXY) (Houston, Texas) $12 billion deal for Permian-based producer CrownRock (Midland, Texas), the firms said on Monday, making it the latest big oil merger to face increased scrutiny. Occidental and CrownRock said they received the FTC request on January 19 and will continue to work constructively with the regulator. The proposed acquisition would boost Occidental's oil and gas production in the Permian by 170,000 barrels of oil and gas per day to 750,000 barrels. (Reuters)
PRODUCTION
TotalEnergies: Danish Offshore Gas Field Ready to Start in March - TotalEnergies SE (NYSE:TTE) (Courbevoie, France) will restart production at Denmark's Tyra natural gas field in March this year, the company said in a statement on Monday. Denmark's largest gas field was temporarily closed for redevelopment in 2019 and remains on schedule for a March 31 startup, the French oil major said. Subscribers to Industrial Info's Production Project Database can click here for related reports. (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) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
