Pipelines
Daily News Energy Headlines from November 27, 2017
Scan through a selection of energy-related news highlights that we think will interest our clients.
Released Tuesday, November 28, 2017
News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
EVENT ANNOUNCEMENT
Industrial Info to Present Webinar on Global Power Project Spending - Industrial Info is pleased to be presenting a complimentary online webinar focusing on the outlook for global Power project spending in 2018. The webinar will be held November 29 at 9 a.m. CST (10 a.m. EST). (IIR)
PIPELINES
TransCanada to Restart Keystone Pipeline Tuesday - TransCanada Corporation (NYSE:TRP) will restart its Keystone crude oil pipeline at reduced pressure on Tuesday after getting approval from U.S. regulators, the company said on Monday. The company shut down the 590,000-barrel-per-day pipeline, one of Canada's main crude export routes, on November 16 after 5,000 barrels of oil leaked in South Dakota. (Reuters)
CRUDE OIL
OPEC's Day of Reckoning with U.S. Shale on Horizon - This Bloomberg article explores how OPEC oil production cuts have worked to help lower crude supplies on the global market, but questions how U.S. shale producers will respond to potential higher prices in 2018. (Bloomberg)
FINANCIAL
Noble Energy to Sell Assets - Noble Energy (NYSE:NBL) will collect $340 million in a deal to sell millions of acres of mineral rights and royalty interests in oil-rich land across Texas, Oklahoma, North Dakota and other states to private equity group Black Stone Energy. (Fuel Fix)
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 https://www.industrialinfo.com.
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