Daily News Energy Headlines from November 18, 2016

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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 in 16 Months - Baker Hughes reports that the number of rigs drilling for oil in the U.S. was up by 19 for the week ending November 18, to 471, representing the largest increase since July 2015. (Reuters)

Arctic Dropped from U.S. Offshore Leasing Program - The United States will not allow new offshore oil and gas leases in the U.S. Arctic for the foreseeable future, U.S. Interior Secretary Sally Jewell announced Friday. (Fuel Fix)

FINANCIAL
Castleton Commodities Buys $1 Billion of Anadarko Assets - Castleton Commodities International LLC (Houston, Texas) on Friday announced the purchase of more than $1 billion in assets from Anadarko Petroleum Corporation (NYSE:APC) (The Woodlands, Texas), in the commodity trader's latest move to expand its East Texas footprint. (Reuters)

Tesoro to Buy Western Refining - Tesoro Corporation (NYSE:TSO) (San Antonio, Texas) is buying El Paso-based Western Refining Incorporated (NYSE:WNR) for $4.1 billion in a transaction that adds three new facilities to the company's portfolio. (Fuel Fix)

POWER
TVA, NextEra Commission Alabama Solar Facility - Tennessee Valley Authority and NextEra Energy Resources on Friday commissioned the 75-megawatt River Bend Solar Energy Center in Alabama. (PR Newswire)

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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 https://www.industrialinfo.com.