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Released November 06, 2019 | SUGAR LAND
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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
POWER
Tenaska Closes Financing for Minnesota Wind Project - Independent energy company Tenaska closed $158 million in commercial financing for the Nobles 2 wind project, which is under construction in Nobles County in southwest Minnesota. Construction on the 250-megawatt windfarm began in August. (Project 300271606) (PR Newswire)
EARNINGS REPORTS
Chesapeake Energy Narrows Net Loss - Oil and gas producer Chesapeake Energy (NYSE:CHK) reported a third-quarter 2019 net loss of $101 million, compared with a loss of $169 million in the year-prior quarter. The company's average production in the quarter was approximately 478,000 barrels of oil equivalent per day. The company is not doing well financially, and according to media, bankruptcy could be pending.
LNG
Total Considers Adding Two Trains to Mozambique LNG Project - French energy major Total (NYSE:TOT) aims to expand its Mozambique liquefied natural gas (LNG) project with two additional trains, a company executive said on Tuesday. "We're starting to look at studies for Train 3 and Train 4, because the resources are clearly there to develop," Mike Sangster, head of Total Exploration and Production for Nigeria, told an oil conference in Cape Town, South Africa. (Project 300045959) (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
Tenaska Closes Financing for Minnesota Wind Project - Independent energy company Tenaska closed $158 million in commercial financing for the Nobles 2 wind project, which is under construction in Nobles County in southwest Minnesota. Construction on the 250-megawatt windfarm began in August. (Project 300271606) (PR Newswire)
EARNINGS REPORTS
Chesapeake Energy Narrows Net Loss - Oil and gas producer Chesapeake Energy (NYSE:CHK) reported a third-quarter 2019 net loss of $101 million, compared with a loss of $169 million in the year-prior quarter. The company's average production in the quarter was approximately 478,000 barrels of oil equivalent per day. The company is not doing well financially, and according to media, bankruptcy could be pending.
LNG
Total Considers Adding Two Trains to Mozambique LNG Project - French energy major Total (NYSE:TOT) aims to expand its Mozambique liquefied natural gas (LNG) project with two additional trains, a company executive said on Tuesday. "We're starting to look at studies for Train 3 and Train 4, because the resources are clearly there to develop," Mike Sangster, head of Total Exploration and Production for Nigeria, told an oil conference in Cape Town, South Africa. (Project 300045959) (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.
