Daily News Energy Headlines from November 6, 2015

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

PIPELINES
Obama Rejects Keystone XL - Saying that TransCanada Corporation's (NYSE:TRP) (Calgary, Alberta) Keystone XL crude oil pipeline from the Alberta oil sands would not make a meaningful difference to the U.S. economy, President Obama rejected the proposed pipeline on Friday.

NATURAL GAS
U.S. Ties Natural Gas Storage Record - Data released Thursday by the U.S. Energy Information Administration shows that for the week ending October 30, the U.S. tied its all-time high record for natural gas in storage of 3.929 trillion cubic feet, set on Nov. 2, 2012. With mild weather ahead, it appears as though a new record will be set in the coming weeks.

CRUDE OIL
Oil Has Third Weekly Decline - Crude oil prices were down about 4% for the week on Friday, representing the third straight week of declines on increased U.S. crude oil inventories and a strengthening dollar.

POWER
World's Largest Offshore Wind Project to be Built in U.K. - The world's largest offshore windfarm will be built by DONG Energy A/S (Fredericia, Denmark), which has made a final investment decision on the proposed 660-megawatt (MW) Walney Extension project on the U.K.'s west coast.

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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.