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Released on Tuesday, December 01, 2015

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Daily News Energy Headlines from November 30, 2015

Scan through a selection of energy-related news highlights that we think will interest our clients.


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

NATURAL GAS
EIA: Natural Gas Output in Lower 48 at New Record
- In its monthly production report, the U.S. Energy Information Administration says that natural gas production in the lower 48 states has again broken a new monthly record, reaching 83.9 billion cubic feet in September. Production was up 7% from September 2014.

POWER
NextEra to Sell Texas Natural Gas-Fired Plants
- NextEra Energy Incorporated (NYSE:NEE) (Juno Beach, Florida) says that it will sell two natural gas-fired power plants in Texas for $1.59 billion to Luminant, an affiliate of Energy Future Holdings Corporation (Dallas, Texas).

Southern Company Buys Stake in Texas Solar Farm - Southern Company (NYSE:SO) (Atlanta, Georgia) has purchased a 51% stake in the planned 157-megawatt Roserock solar facility in Pecos County, Texas.

PRODUCTION
Iran Offers Up $70 Billion in Projects to Foreign Companies
- Bloomberg reports that Iran is pitching 70 oil and natural gas projects valued at $30 billion to foreign investors at a two-day conference in Tehran as the country prepares to have trading sanctions lifted.

LNG
BG Group Starts LNG Production Train in Australia
- Last week, BG Group plc (Reading, England) started up Train 2 at the company's Queensland Curtis liquefied natural gas facility in Australia.

.....


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.
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