Daily News Energy Headlines from January 19, 2017

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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 Stocks Rise - The U.S. Energy Information Administration (EIA) reports that U.S. crude inventories increased by 2.3 million barrels for the week ending January 13. Crude stocks at the Cushing, Oklahoma, delivery hub for U.S. crude futures, however, fell by 1.3 million barrels, EIA said. (Reuters)

Saudi Crude Exports Soared in November - Saudi Arabia's crude exports surged to a 13 1/2-year high in November, just before it led global producers in restricting supplies to curb the worst glut in decades. The world's biggest exporter shipped 8.26 million barrels a day, according to data published Thursday on the website of the Joint Organisations Data Initiative in Riyadh. (Bloomberg)

LNG
Gunvor Wins Five-Year Contract to Supply LNG to Pakistan - Commodity trader Gunvor (Geneva, Switzerland) has won a major tender to supply about 60 liquefied natural gas (LNG) shipments to Pakistan over a five-year period while Italy's Eni (NYSE:E) will supply the country with LNG over a 15-year period, a Pakistani energy official told Reuters.

EARNINGS REPORTS
Kinder Morgan Profit Misses Estimates - Kinder Morgan Incorporated (NYSE:KMI) reported 4Q16 net profit of $170 million, compared to a net loss of $721 million a year earlier. The profits were lower than Wall Street's expectations. (Reuters)

Union Pacific Profits Up on Cost Cutting - Despite a 3% decrease in shipped volumes, rail operator Union Pacific (NYSE:UNP) reported net income of $1.14 billion for fourth-quarter 2016 compared to $1.12 billion in fourth-quarter 2015. (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.