Reports related to this article:
Project(s): View 1 related project in PECWeb
Plant(s): View 1 related plant in PECWeb
Released September 25, 2023 | SUGAR LAND
en
News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
PRODUCTION
Biden Administration Appeals Judge's Order to Expand Gulf Lease Auction - The Biden administration and environmental groups on Friday said they would appeal a Louisiana federal judge's ruling that ordered an expansion of this week's sale of oil leases in the Gulf of Mexico. The oil and gas industry welcomed the judge's decision to restore 6 million acres to the September 30 auction after the Interior Department's Bureau of Ocean Energy Management earlier reduced the area available for lease in an effort to protect an endangered whale species. (Reuters)
U.S. Drillers Cut Rigs - U.S. energy firms last week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy services firm Baker Hughes Company (NASDAQ:BKR) (Houston, Texas) said. The oil and gas rig count fell by 11 to 630 in the week ending September 22, the lowest since February 2022. U.S. oil rigs fell by eight to 507 last week, their lowest since February 2022, while gas rigs dropped by three to 118. In the Permian in West Texas and eastern New Mexico, the nation's biggest shale oil basin, drillers cut five rigs, bringing the total oil and gas count down to 317, the lowest since March 2022, according to Baker Hughes. (Reuters)
PIPELINES
TC Energy's Coastal GasLink Pipeline Fined for Environmental Noncompliance - British Columbia has fined Coastal GasLink, the natural gas pipeline being built by TC Energy Corporation (NYSE:TRP) (Calgary, Alberta), C$346,000 (US$257,000) for non-compliance with environmental regulations, the Canadian province said on Thursday. British Columbia's Environmental Assessment Office fined Coastal GasLink C$340,000 (US$252,000) for deficient erosion and sediment control measures, and a C$6,000 (US$5,000) penalty for providing "false and misleading" information relating to maintenance inspection records. Subscribers to Industrial Info's Global Market Intelligence (GMI) Pipelines Project Database can click here for related project 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).
PRODUCTION
Biden Administration Appeals Judge's Order to Expand Gulf Lease Auction - The Biden administration and environmental groups on Friday said they would appeal a Louisiana federal judge's ruling that ordered an expansion of this week's sale of oil leases in the Gulf of Mexico. The oil and gas industry welcomed the judge's decision to restore 6 million acres to the September 30 auction after the Interior Department's Bureau of Ocean Energy Management earlier reduced the area available for lease in an effort to protect an endangered whale species. (Reuters)
U.S. Drillers Cut Rigs - U.S. energy firms last week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy services firm Baker Hughes Company (NASDAQ:BKR) (Houston, Texas) said. The oil and gas rig count fell by 11 to 630 in the week ending September 22, the lowest since February 2022. U.S. oil rigs fell by eight to 507 last week, their lowest since February 2022, while gas rigs dropped by three to 118. In the Permian in West Texas and eastern New Mexico, the nation's biggest shale oil basin, drillers cut five rigs, bringing the total oil and gas count down to 317, the lowest since March 2022, according to Baker Hughes. (Reuters)
PIPELINES
TC Energy's Coastal GasLink Pipeline Fined for Environmental Noncompliance - British Columbia has fined Coastal GasLink, the natural gas pipeline being built by TC Energy Corporation (NYSE:TRP) (Calgary, Alberta), C$346,000 (US$257,000) for non-compliance with environmental regulations, the Canadian province said on Thursday. British Columbia's Environmental Assessment Office fined Coastal GasLink C$340,000 (US$252,000) for deficient erosion and sediment control measures, and a C$6,000 (US$5,000) penalty for providing "false and misleading" information relating to maintenance inspection records. Subscribers to Industrial Info's Global Market Intelligence (GMI) Pipelines Project Database can click here for related project 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).
