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Released December 17, 2019 | SUGAR LAND
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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
PIPELINES
U.S. Denies New York's Request for Rehearing on Constitution Natural Gas Pipeline - U.S. energy regulators have denied New York's request for a rehearing on its decision that state environmental regulators waived their authority to issue or deny water quality certification for Williams Companies' (NYSE:WMB) Constitution natural gas pipeline. The U.S. Federal Energy Regulatory Commission (FERC) last week reaffirmed its prior decision, which New York had challenged. FERC ruled the New York Department of Environmental Conservation, by taking more than a year to reach a decision, waived its authority under section 401 of the U.S. Clean Water Act. (Projects 300070159, 300070291) (Reuters)
PRODUCTION
EIA: U.S. Shale Oil Output to Rise 29,000 BBL/d in January - U.S. oil output from seven major shale formations is expected to rise about 29,000 barrels per day (BBL/d) in January to a record 9.14 million BBL/d, the U.S. Energy Information Administration (EIA) said in a monthly forecast on Monday. (Reuters)
CORPORATE
Kinder Morgan Closes Deal with Pembina Pipeline to Exit Canada - Pipeline operator Kinder Morgan (NYSE:KMI) has exited the Canadian market after closing a deal estimated to be more than $2.5 billion in cash and stock. The company reported closing a deal to sell its subsidiary Kinder Morgan Canada and cross-border Cochin Pipeline to the Calgary pipeline and storage terminal operator Pembina Pipeline Corporation (NYSE:PBA).
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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.
PIPELINES
U.S. Denies New York's Request for Rehearing on Constitution Natural Gas Pipeline - U.S. energy regulators have denied New York's request for a rehearing on its decision that state environmental regulators waived their authority to issue or deny water quality certification for Williams Companies' (NYSE:WMB) Constitution natural gas pipeline. The U.S. Federal Energy Regulatory Commission (FERC) last week reaffirmed its prior decision, which New York had challenged. FERC ruled the New York Department of Environmental Conservation, by taking more than a year to reach a decision, waived its authority under section 401 of the U.S. Clean Water Act. (Projects 300070159, 300070291) (Reuters)
PRODUCTION
EIA: U.S. Shale Oil Output to Rise 29,000 BBL/d in January - U.S. oil output from seven major shale formations is expected to rise about 29,000 barrels per day (BBL/d) in January to a record 9.14 million BBL/d, the U.S. Energy Information Administration (EIA) said in a monthly forecast on Monday. (Reuters)
CORPORATE
Kinder Morgan Closes Deal with Pembina Pipeline to Exit Canada - Pipeline operator Kinder Morgan (NYSE:KMI) has exited the Canadian market after closing a deal estimated to be more than $2.5 billion in cash and stock. The company reported closing a deal to sell its subsidiary Kinder Morgan Canada and cross-border Cochin Pipeline to the Calgary pipeline and storage terminal operator Pembina Pipeline Corporation (NYSE:PBA).
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.
