Daily News Energy Headlines from July 28, 2017

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

PRODUCTION
U.S. Oil Drillers Add Two Rigs - U.S. oil drillers added two rigs for the week ending July 28, bringing the total count to 766. Six gas rigs were added, bringing the total to 192. (Fuel Fix)

EARNINGS REPORTS
Chevron Increases Quarterly Income - Chevron Corporation (NYSE:CVX) reported earnings of $1.5 billion for second-quarter 2017, compared with a loss of $1.5 billion in the second quarter of 2016. (Business Wire)

Exxon Quarterly Income Goes Up - Exxon Mobil Corporation (NYSE:XOM) announced estimated second-quarter 2017 earnings of $3.4 billion, compared with $1.7 billion a year earlier. (Business Wire)

Calpine Widens Net Loss - Power generator Calpine Corporation (NYSE:CPN) reported a net loss of $219 million in second-quarter 2017, compared with a net loss of $29 million in 2Q16. (Business Wire)

PIPELINES
TransCanada to Make Decision on Keystone XL in December - TransCanada Corporation (NYSE:TRP) will make a final investment decision on its Keystone XL crude oil pipeline project by December, the company said on Friday. (Reuters)

COAL
U.S. Coal Exports on the Rise - U.S. coal exports have jumped more than 60% this year due to soaring demand from Europe and Asia, according to a Reuters review of government data. (Reuters)

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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.