Daily News Energy Headlines from December 7, 2017

---

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

REGULATORY
FERC Gets New Chairman - A new chairman was sworn in on Thursday at the Federal Energy Regulatory Commission (FERC) who will lead the agency as it considers a directive from the administration of U.S. President Donald Trump to subsidize ailing coal and nuclear power plants. With the swearing in of Kevin McIntyre, a Republican, the FERC panel is now complete with five members. (Reuters)

PRODUCTION
Trump Administration Could Expedite Drilling in Arctic Refuge - The Trump administration has a plan in place to speed up permit reviews for drilling in Alaska's Arctic National Wildlife Refuge if Congress approves exploration there, an advisor to the U.S. Interior Department said Thursday. (Bloomberg)

FINANCIAL
GE to Cut Jobs in Global Power Business - General Electric Company (NYSE:GE) said Thursday it is axing 12,000 jobs at its global power business, the struggling industrial conglomerate's latest effort to shrink itself into a more focused company. (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.