Pipelines
Daily News Energy Headlines from July 18, 2017
Scan through a selection of energy-related news highlights that we think will interest our clients.
Released Wednesday, July 19, 2017
News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
PIPELINES
Energy Transfer Pushes Back Rover Startup Date - Energy Transfer Partners LP (NYSE:ETP) said on Tuesday it has delayed the start of its Rover natural gas pipeline running from Pennsylvania to Ontario until later this summer. Rover originally was expected to start in late July, but the first phase was pushed back after regulators said Energy Transfer Partners first needed to meet certain requirements. (Reuters)
PRODUCTION
U.S. Shale Oil Production to Increase in August - U.S. shale oil production is forecast to rise for the eighth consecutive month, climbing 112,000 barrels per day (BBL/d) to 5.585 million BBL/d in August, the U.S. Energy Department said in a report on Monday. (Reuters)
Ecuador to Exit OPEC Production Cut Agreement - Ecuador has dealt a blow to OPEC unity by announcing it will start raising oil production this month, arguing it needs the money. The Latin American country won't be able to meet its commitment to lower output by 26,000 barrels a day to 522,000 a day, as agreed with OPEC last year, Oil Minister Carlos Perez said in an interview with Teleamazonas late Monday. (Fuel Fix)
NATURAL GAS
Are Companies' Bets on Gas Wrong? - This Bloomberg article explores how while major oil and gas companies are placing lots of money into investment for natural gas exploration and production, signs indicate that gas use could decline within the next decade or two. (Bloomberg)
POWER
Nuclear Power Faces Problems with Fights Against ZECs - This Bloomberg article discusses how nuclear generators are facing problems in states where zero emissions credits (ZECs) are being challenged.
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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