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Daily News Energy Headlines from January 24, 2017

Scan through a selection of energy-related news highlights that we think will interest our clients.

Released Wednesday, January 25, 2017

Daily News Energy Headlines from January 24, 2017

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

PIPELINES
Trump Signs Order to Move Dakota Access and Keystone XL Pipelines Forward
- President Donald Trump signed orders on Tuesday smoothing the path for the controversial Keystone XL and Dakota Access oil pipelines, rolling back key Obama administration environmental actions in favor of expanding energy infrastructure. (Reuters)

Plains All American to Buy Permian Gathering System for $1.2 Billion - Plains All American Pipeline, L.P. (NYSE:PAA) (Houston, Texas) today announced it had entered into definitive agreements to acquire a Permian Basin crude oil gathering system for approximately $1.2 billion. The crude oil gathering system is located in the northern portion of the Delaware Basin. (Business Wire)

LNG
U.S. LNG Exports Shift to Europe
- Reuters reports that U.S. liquefied natural gas (LNG) exporters have shifted their focus to Southern Europe from Asia as cold weather and problems with Algerian gas supply have driven Europe's gas prices higher. (Reuters)

EARNINGS REPORTS
EnLink Champions Oklahoma, Permian Basin Growth in 2017 Capital Spending Plans
- The EnLink midstream companies, which include EnLink Midstream Partners LP (NYSE:ENLK) (Dallas, Texas) and general partner EnLink Midstream LLC (NYSE:ENLC) (Dallas), recently detailed their strategic growth plan and outlook for 2017, which anticipates strong results from EnLink's heavy investments in central Oklahoma and Texas' Permian Basin. Industrial Info is tracking more than $865 million in active projects involving EnLink. (IIR)

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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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