Daily News Energy Headlines for August 7, 2015

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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) over the past week.

PRODUCTION
U.S. Oil Rig Numbers Increase - Baker Hughes (NYSE:BHI) (Houston, Texas) reports that the number of rigs drilling for oil in the U.S. increased by six this week.

PIPELINES
Alliance Forced to Shut Down Natural Gas Mainline - On Friday, Alliance Pipeline (Calgary, Alberta) was forced to shut down its 1.6 billion-cubic-feet-per-day natural gas mainline in western Canada after hydrogen sulfide gas entered the system.

POWER
Panda Power Breaks Ground on Virginia Power Plant - Panda Power Funds (Dallas, Texas) officially broke ground for its 778-megawatt, natural gas-fired Stonewall power plant near Leesburg, Virginia, on Thursday.

LNG
Icahn Takes Stake in Cheniere - It has been revealed that activist investor Carl Icahn has taken an 8.2% stake in LNG producer Cheniere Energy (NYSE:LNG) (Houston, Texas).

Thai Company to Develop LNG Terminal in Myanmar - Italian-Thai Development PCL (Bangkok, Thailand) says it in talks with Myanmar to develop a $500 million liquefied natural gas (LNG) receiving terminal that will have an annual capacity 6 million metric tons.

OTHER NEWS
Shell Eyes Brazilian Assets - Sources tell Reuters that Royal Dutch Shell (RDS-A) (The Hague, Netherlands) has earmarked $5 billion for new acquisitions, primarily in Brazil, where state-run energy company Petrobras (NYSE:PBR) (Rio de Janeiro) is unloading assets.

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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, five offices in North America and 10 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.