Released October 26, 2020 | SUGAR LAND
en
News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
PRODUCTION
U.S. Oil Rig Count Rises for Fifth Week in a Row - Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil rose by six to 211 in the week ending October 23. That followed increases in each of the last four weeks. (MarketWatch)
Alberta to End Monthly Oil Production Curbs in December - Canada's main oil-producing province of Alberta will lift curbs on crude production ahead of schedule at the start of December, as coronavirus-related shutdowns ease pipeline congestion, Energy Minister Sonya Savage said on Friday. The move comes a month ahead of when the restrictions were set to end. Nearly 16% of the crude production in the province, home to the world's third-largest oil reserves, is currently offline, Savage said. (Reuters)
EARNINGS REPORTS
AEP Boosts Quarterly Earnings - American Electric Power (NASDAQ:AEP) (AEP) reported third-quarter 2020 earnings of $749 million, compared with earnings of $734 million in third-quarter 2019. (PR Newswire)
.....
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.
PRODUCTION
U.S. Oil Rig Count Rises for Fifth Week in a Row - Baker Hughes on Friday reported that the number of active U.S. rigs drilling for oil rose by six to 211 in the week ending October 23. That followed increases in each of the last four weeks. (MarketWatch)
Alberta to End Monthly Oil Production Curbs in December - Canada's main oil-producing province of Alberta will lift curbs on crude production ahead of schedule at the start of December, as coronavirus-related shutdowns ease pipeline congestion, Energy Minister Sonya Savage said on Friday. The move comes a month ahead of when the restrictions were set to end. Nearly 16% of the crude production in the province, home to the world's third-largest oil reserves, is currently offline, Savage said. (Reuters)
EARNINGS REPORTS
AEP Boosts Quarterly Earnings - American Electric Power (NASDAQ:AEP) (AEP) reported third-quarter 2020 earnings of $749 million, compared with earnings of $734 million in third-quarter 2019. (PR Newswire)
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.
