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BP, Husky Energy: Your Daily Energy News

Scan through a selection of energy-related news highlights that we think will interest our clients.

Released Monday, October 07, 2019

BP, Husky Energy: 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.

CORPORATE
BP Board Announces Retirement of CEO Dudley
- BP's (NYSE:BP) announced that Bob Dudley, who has been the company's CEO for nine years, will step down as CEO in February and retire March 31. (BP)

REFINING
Husky Energy to Sell Refinery
- Husky Energy (TSX:HSE) announced that it will sell its Prince George Refinery in British Columbia for $215 million plus a closing adjustment for inventory to Tidewater Midstream and Infrastructure. (Plant 1027525) (Husky)

PRODUCTION
U.S. Oil Rig Count Declines
- The number of rigs drilling for oil in the U.S. declined by three for the week ending October 4, to 710. That followed declines in each of the last six weeks. (MarketWatch)

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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.
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