Apache, ConocoPhillips, Dominion: Your Daily Energy News

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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.

PIPELINES
Apache Midstream and ARM Energy to Develop Texas NGL System - Apache Midstream, a subsidiary of Apache Corporation (NYSE:APA), and ARM Energy Holdings announced that ARM Energy's affiliate, Salt Creek Midstream LLC is developing SCM Alpine LLC, a 445,000-barrel-per-day capacity natural gas liquids (NGL) header system, and that Apache Midstream has signed an option to acquire a 50% stake in Alpine. The Alpine header system will comprise two pipeline segments that originate at both the Salt Creek and Apache processing facilities in southern Reeves County, Texas. The pipeline will provide flexibility by transporting the NGL to Waha, where it will have the ability to interconnect to downstream pipelines providing access to Mont Belvieu and Corpus Christi fractionation facilities. (Business Wire)

Dominion Seeks Approval to Begin Pipeline Work in North Carolina - Dominion Energy Incorporated (NYSE:D) asked U.S. federal energy regulators for permission to start construction in North Carolina on parts of its $6 billion Atlantic Coast natural gas pipeline from West Virginia to North Carolina. (Projects 300168253, 300243526) (Reuters)

POWER
Bloomberg: One-Fourth of U.S. Nuclear Plants at Risk of Early Retirement - This Bloomberg article discusses how more than a quarter of U.S. nuclear power plants don't make enough money to cover their operating costs, raising the threat of more early retirements. Of the 66 nuclear power plants operating in the U.S., 24 are either scheduled to close or probably won't make money through 2021, according Nicholas Steckler, an analyst with Bloomberg New Energy Finance. These at-risk sites have total generating capacity of 32.5 gigawatts, more than a quarter of the entire fleet, Steckler wrote in a report Tuesday. (Bloomberg)

FINANCIAL
ConocoPhillips Seeks to Recoup $2 Billion from Venezuela - ConocoPhillips (NYSE:COP) Chairman and Chief Executive Ryan Lance said the oil producer is pressing forward with recouping the $2 billion it is owed by Venezuela. ConocoPhillips seized much of the oil storage and refining assets of Venezuela's state-owned oil company, PDVSA, in the Caribbean islands of Curacao, Bonaire and Sint Eustatius in recent days, but that is just the start of the legal repayment process, Lance said Tuesday after the company's annual shareholders meeting in Houston. (Fuel Fix)

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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.