Daily News Energy Headlines from June 9, 2016

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

NATURAL GAS
Low U.S. Gas Gains Cause Pricing Surge - The U.S. Energy Information Administration reported that U.S. natural gas stockpiles climbed 65 billion cubic feet (Bcf) for the week ending June 3 to 2,972 Bcf. The gain was lower than analysts' expectations, which caused U.S. gas futures to surge 6% to their highest level since September.

PRODUCTION
EIA: May's Unplanned Oil Disruptions Highest Since 2011 - The U.S. Energy Information Administration reports that global oil supply disruptions in May averaged 3.6 million barrels per day, the highest amount since at least January 2011, when the agency started tracking disruptions.

BP, Eni Announce Gas Find Off Egypt Coast - BP plc (NYSE:BP) (London, England) and Eni SpA (NYSE:E) (Rome, Italy) report that they have made a significant natural gas discovery in the East Nile Delta off the Egyptian coast. The area is 10 kilometers north of the Nooros gas field, which has a production rate of 65,000 barrels of oil equivalent per day. Both companies hold a 50% stake in the new prospect.

CONSTRUCTION
KBR Incorporated's 10 Top-Valued Projects Anchored in LNG, Offshore Drilling Markets - KBR Incorporated (NYSE:KBR) (Houston, Texas) has been riding the wave of liquefied natural gas (LNG) and offshore drilling projects that have crested in the past few years. Across all industries, the engineering, procurement and construction (EPC) provider is involved in 155 projects that carry a total investment value of $144.52 billion.

POWER
Mega Solar Power Station Planned for Nuevo Leon, Mexico - CMB Wireless Group (CWG) (Bohemia, New York) with Dhamma Energy Mexico, SA de CV (Mexico City) plans to construct a Solar Photovoltaic (PV) power station in the state of Nuevo Leon in northeast Mexico. The station will be located at about 2 kilometers northeast of the city of Marin. The project has a total investment value of $100 million.

New Jersey Power Project Begins Construction - Construction of the 540-megawatt (MW) Sewaren 7 combined-cycle power project recently got under way in New Jersey. Located at PSEG's existing power station, the dual-fuel project is owned by PSEG Power LLC, a subsidiary of Public Service Enterprise Group Incorporated (NYSE:PEG) (Newark, New Jersey).

PIPELINES
Plains All American Receives Approval for Short Crude Pipeline - Plains All American Pipeline LP (NYSE:PAA) (Houston, Texas) has received approval from North Carolina regulators to construct a 10-mile pipeline, 1 million-gallon-per day pipeline from the company's Robinson Lake facility to a rail facility.

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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/.