Pipelines
Daily News Energy Headlines from July 24, 2017
Scan through a selection of energy-related news highlights that we think will interest our clients.
Released Tuesday, July 25, 2017
News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
EARNINGS REPORTS
Anadarko Reports Second-Quarter Net Loss - Anadarko Petroleum Corporation (NYSE:APC) reported a second-quarter 2017 net loss of $415 million, compared with a net loss of $692 in the same period of 2016. (PR Newswire)
Halliburton Net Income Up - Halliburton Company (NYSE:HAL) reported net income of $28 million in second-quarter 2017, compared with a net loss of $3.2 billion in 2Q16. (Business Wire)
PIPELINES
West Virginia Orders Some Work to Stop on Rover Pipeline - Energy Transfer Partners LP's (NYSE:ETP) Rover pipeline, the biggest natural gas pipeline under construction in the United States, received more bad news after West Virginia told the company to stop some work, citing environmental violations, regulators said on Monday. (Project 300195733) (Reuters)
CRUDE OIL
Saudi Arabia Pledges to Cut Crude Production in August - Saudi Energy Minister Khalid al-Falih said his country would limit crude oil exports at 6.6 million barrels per day (BBL/d) in August, almost 1 million BBL/d below levels a year ago. (Reuters)
China Diesel, Gasoline Exports Surge - China's diesel and gasoline exports surged in the first half of the year as a domestic supply glut and slowing demand growth prompted refiners to sell more fuel abroad. Diesel shipments jumped almost 21% in the first six months compared to the same period a year ago, averaging about 328,500 barrels a day. Gasoline exports rose 8.1%, averaging nearly 222,000 barrels a day. (Reuters)
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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