Daily News Energy Headlines from December 14, 2016

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

CORPORATE
Exxon Names New Incoming CEO - With the announced retirement of current Exxon Mobil Corporation (NYSE:XOM) (Irving, Texas) CEO Rex Tillerson, who is President-elect Trump's nominee for secretary of state, Exxon has named Darren Woods chairman and CEO beginning January 1, 2017. (Business Wire)

PIPELINES
Enable Announces New Transportation Contract with OG&E - Enable Midstream Partners LP (NYSE:ENBL) (Oklahoma City, Oklahoma) has announced a new 228,000-dekatherm-per-day firm transportation service agreement with Oklahoma Gas and Electric (OG&E) on the Enable Oklahoma Intrastate Transmission, LLC (EOIT) system. The 20-year contract, expected to commence in late 2018, will support OG&E's planned conversion of two 500-megawatt coal-fired generating units to natural gas. (Business Wire)

POLITICS
Trump Names Perry to Head Energy Department - President-elect Donald Trump has tapped former governor of Texas Rick Perry to head the U.S. Department of Energy. (Reuters)

CRUDE OIL
Oil Falls on Stronger Dollar - Despite the U.S. Energy Information Administration reporting a 2.6 million-barrel decline in U.S. crude oil stocks last week, crude oil prices dipped about 3% on Wednesday as the dollar rose on the Federal Reserve's decision to raise interest rates. (Reuters)

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