Daily News Energy Headlines from November 10, 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 Most Rigs Since June - U.S. energy companies added the most oil drilling rigs in a week since June. Drillers added nine oil rigs in the week to November 10, bringing the total count up to 738. (Reuters)

Venezuela Set to Pump Least Oil for 29 Years - Venezuela is set to pump the least oil in almost three decades, just when it needs petrodollars the most. Output is expected to slump to 1.84 million barrels a day next year, the lowest compared with official government data since 1989, according to a survey with four analysts compiled by Bloomberg.

PIPELINES
TransCanada Expects Decision on Keystone XL by End of Month - TransCanada Corporation (NYSE:TRP) reports that it spent approximately C$2.5 billion ($1.97 billion) in capital spending in the third quarter of this year. A decision on the possible completion of one of TransCanada's most controversial projects, the Keystone XL crude oil pipeline is expected from the Nebraska Public Service Commission (PSC) by the end of this month. (IIR)

EARNINGS REPORTS
Andeavor Third-Quarter Profits Leap on Strong Refinery Operations - Bolstered by its Refining segment, Andeavor Corporation (NYSE:ANDV) (San Antonio, Texas) reported $551 million in earnings for third-quarter 2017, up from $170 million in third-quarter 2016. Industrial Info is tracking nearly $1.8 billion in project activity by the refining, marketing and logistics company. (IIR)

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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, six offices in North America and 12 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.