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Released December 31, 2020 | SUGAR LAND
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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
POWER
BaWa Completes Texas Windfarm - BayWa r.e. has completed construction and achieved financial close of the Amadeus Wind project in Texas. Located northwest of Abilene in Rotan, the 250-megawatt windfarm has begun selling power into the grid. (Project 300454753) (PR Newswire)
LNG
China's Sinopec Plans Record LNG Imports to Battle Cold Snap - Sinopec Corporation (NYSE:SNP) pledged on Tuesday to maximize domestic gas productions and raise imports of liquefied natural gas (LNG) to record rates as a cold spell hitting large parts of the country this week lifts demand for the winter heating fuel. Sinopec, already Asia's top spot importer of LNG via a string of tenders ahead of winter, said on its micro blog its LNG imports into receiving terminals in north China's Tianjin and east China's Qingdao will reach new highs in January, without giving a volume. The company will also increase domestic natural gas production by another 1 million cubic meters a day by the end of January by accelerating the drilling of new development wells. (Reuters)
PRODUCTION
U.S. Drillers Add Rigs - The U.S. oil and gas rig count rose three to 351 in the week ending December 30, energy services firm Baker Hughes Company said. U.S. oil rigs rose to 267 this week, their highest since May, while gas rigs remain unchanged at 83, their highest since the end of April. (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 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.
POWER
BaWa Completes Texas Windfarm - BayWa r.e. has completed construction and achieved financial close of the Amadeus Wind project in Texas. Located northwest of Abilene in Rotan, the 250-megawatt windfarm has begun selling power into the grid. (Project 300454753) (PR Newswire)
LNG
China's Sinopec Plans Record LNG Imports to Battle Cold Snap - Sinopec Corporation (NYSE:SNP) pledged on Tuesday to maximize domestic gas productions and raise imports of liquefied natural gas (LNG) to record rates as a cold spell hitting large parts of the country this week lifts demand for the winter heating fuel. Sinopec, already Asia's top spot importer of LNG via a string of tenders ahead of winter, said on its micro blog its LNG imports into receiving terminals in north China's Tianjin and east China's Qingdao will reach new highs in January, without giving a volume. The company will also increase domestic natural gas production by another 1 million cubic meters a day by the end of January by accelerating the drilling of new development wells. (Reuters)
PRODUCTION
U.S. Drillers Add Rigs - The U.S. oil and gas rig count rose three to 351 in the week ending December 30, energy services firm Baker Hughes Company said. U.S. oil rigs rose to 267 this week, their highest since May, while gas rigs remain unchanged at 83, their highest since the end of April. (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 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.
