Production
Daily News Energy Headlines from February 28, 2017
Scan through a selection of energy-related news highlights that we think will interest our clients.
Released Wednesday, March 01, 2017
News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
LNG
U.S. Set to Export First Natural Gas from Canada - Cheniere Energy Incorporated (Houston, Texas) said Tuesday that it will receive supplies from the Montney shale play, which straddles Alberta and British Columbia, to export LNG to other countries from its Louisiana facility. (Bloomberg)
PRODUCTION
U.S. Oil Output Fell in December - U.S. oil production in December fell 91,000 barrels per day to 8.783 million BBL/d, according to data from the U.S. Energy Information Administration released on Tuesday. (Reuters)
POWER
Florida Power & Light Kicks Off Okeechobee Clean Energy Center - NextEra Energy Incorporated (NSYE:NEE) (Juno Beach, Florida) subsidiary Florida Power & Light (FPL), along with Zachry Group (San Antonio, Texas) recently broke ground on a 1,600-megawatt (MW), natural gas-fired, combined-cycle generating station, which will be located near Vero Beach, in the town of Okeechobee, Florida. (IIR)
EARNINGS REPORTS
NRG Reports Net Loss for Year - NRG Energy Incorporated (NYSE:NRG) reported a net loss in 2016 of $891 million, compared with a net loss of $6.44 billion in FY 2015. (Business Wire)
ONEOK Reports Higher 4Q Profits - Midstream company ONEOK Incorporated (NYSE:OKE) reported net income of $90.5 million for fourth-quarter 2016, compared with $25.5 million for fourth-quarter 2015. (ONEOK)
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. 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.
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