Daily News Energy Headlines from July 26, 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, Gasoline Stocks Fall Sharply - The U.S. Energy Information Administration reports that U.S. crude inventories fell by 7.2 million barrels in the week to July 21. Gasoline stocks fell by 1 million barrels. (Reuters)

EARNINGS REPORTS
Hess Widens Quarterly Loss - Hess Corporation (NYSE:HES) reported a net loss of $449 million in the second quarter of 2017, compared with a net loss of $392 million, in the second quarter of 2016. (Business Wire)

FINANCIAL
Encana Completes Sale of Piceance Assets - Encana Corporation (NYSE:ECA) announced that it has completed the previously announced sale of its Piceance natural gas assets, located in northwestern Colorado, to Denver-based Caerus Oil and Gas LLC. (Encana)

COAL
Will Exports Drive a Revival of the U.S. Coal Industry? - President Donald Trump has vowed repeatedly to revive the U.S. coal-mining industry. Despite steps he has taken to relax environmental regulations relating to coal, few U.S. utilities say they plan to significantly alter their fuel resource decisions and burn more coal. However, coal shipments are up compared with 2016, which may hint at how and where a U.S. coal-industry revival could take place: in overseas markets. (IIR)

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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.