Production
Daily News Energy Headlines from July 5, 2017
Scan through a selection of energy-related news highlights that we think will interest our clients.
Released Thursday, July 06, 2017
News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
NATURAL GAS
U.S. Gas Slides to Four-Month Low - U.S. natural gas futures slid to a four-month low on Wednesday on forecasts for mild weather in the eastern U.S. that would curtail demand for the power-plant fuel, forestalling a summer rally. (Bloomberg)
PIPELINES
Enterprise Announces Additional Contracts on Midland-to-ECHO Pipeline System - Enterprise Products Partners L.P. (NYSE:EPD) today announced it has executed additional long-term contracts to provide transportation services on the Midland-to-ECHO crude oil pipeline system. The execution of these additional agreements brings total committed volumes on the Midland to Sealy segment of this system to 335,000 barrels per day. (Business Wire)
Trafigura Signs Pipeline Deal with Plains All American - Trafigura signed a deal with Plains All American (NYSE:PAA) for shipments of crude from the Permian Basin to Corpus Christi, where Trafigura has a condensate splitter and terminal. (Reuters)
PRODUCTION
Schlumberger Signs $700 Nigeria Oil Field Deal - Nigeria's state-owned oil company said it signed a deal with Schlumberger Limited (NYSE:SLB) to provide $700 million for the development of two oil fields in the country's crude-rich south. (Bloomberg)
POWER
Trump Calls for Study to Revive U.S. Nuclear Energy - President Donald Trump has announced plans for a comprehensive study of the U.S. nuclear energy industry, with the goal of reinvigorating the sector as part of his call to establish U.S. "energy dominance." (IIR)
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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