Daily News Energy Headlines from December 21, 2016

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

CRUDE OIL
U.S. Crude Oil Inventories Up - The U.S. Energy Information Administration reports that U.S. crude oil stocks rose by 2.3 million barrels for the week ending December 16. (Bloomberg)

PRODUCTION
Obama Bans New Drilling in Alaska, Parts of Atlantic Coast - U.S. President Barack Obama on Tuesday banned new oil and gas drilling in federal waters in the Atlantic and Arctic Oceans, in a push to leave his stamp on the environment before Republican Donald Trump takes office next month. The ban affects 115 million acres of federal waters off Alaska in the Chukchi Sea and most of the Beaufort Sea and 3.8 million acres in the Atlantic from New England to Chesapeake Bay. (Reuters)

LNG
China to Set LNG Import Record in December - China's state oil and gas majors are set to import record levels of liquefied natural gas (LNG) this month, betting on robust demand during the cold winter months and helping lift Asian prices to their highest in nearly two years. (Reuters)

Total to Buy Stake in Charif Souki's Tellurian Investments - Paris-based Total SA (NYSE:TOT) said it will buy a 23% stake in the new Houston liquefied natural gas (LNG) company, Tellurian Investments, formed by ex-Cheniere CEO Charif Souki, for $207 million. (IIR)

PIPELINES
Odebrecht to Sell Peru Pipeline to Canadian Company - In a televised interview, Peru's Finance Minister Alfredo Thorne said that Brazil's Odebrecht SA is in advanced talks to sell its majority stake in a $5 billion natural gas pipeline in Peru to Canada's Brookfield Asset Management Incorporated (NYSE:BAM) (Toronto). (Reuters)

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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. 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.