Production
Daily News Energy Headlines from January 26, 2017
Scan through a selection of energy-related news highlights that we think will interest our clients.
Released Friday, January 27, 2017
News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
EARNINGS REPORTS
Baker Hughes Narrows Net Loss - Drilling services provider Baker Hughes Incorporated (NYSE:BHI) (Houston, Texas) reported a net loss of $417 billion in fourth-quarter 2016, compared to a net loss of $1.03 billion in fourth-quarter 2015. (Business Wire)
Murphy Oil Announces Net Loss for Quarter - Murphy Oil Corporation (NYSE:MUR) (El Dorado, Arkansas) announced a net loss of $64 million for 4Q16.
LNG
Australia LNG Sector Plagued by Delays - This Reuters article discusses how Australia is set to become the world's largest LNG exporter, but has been plagued by delays, which will benefit U.S. exporters. (Reuters)
FINANCIAL
Canada's AltaGas to Buy U.S. Power and NatGas Supplier - AltaGas Limited (TSX:ALA) (Calgary, Alberta) agreed on Wednesday to buy WGL Holdings Inc. -- owner of the Washington utility that supplies natural gas to the White House -- for $4.6 billion. (Bloomberg)
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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