Daily News Energy Headlines from November 7, 2016

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

PRODUCTION
Baker Hughes Announces Increase in Worldwide Rig Count - Baker Hughes on Monday announced that the number of rigs drilling throughout the world was 1,620, up 36 from September 2016. (Business Wire)

Chevron Announces First Gas Production from North Sea Field - Chevron Corporation (NYSE:CVX) (San Ramon, California) announced it has started production at Alder, a high-pressure, high-temperature gas condensate field in the Central North Sea. (Business Wire)

Ohio Gas Production Bucks Trend - While gas production in most states is diminishing due to lower prices, natural gas production in Ohio jumped 13% in August. (Bloomberg)

FINANCIAL
Court Jeopardizes Exxon's InterOil Purchase - InterOil Corporation (NYSE:IOC) said on Friday an appeals court in Canada had overturned approval of the natural gas producer's $2.5 billion sale to Exxon Mobil Corporation (NYSE:XOM), throwing the deal's viability in doubt. (Reuters)

TOP NEWS
Earthquake Strikes Near Cushing, Oklahoma - A magnitude-5.0 earthquake occurred near the oil hub of Cushing, Oklahoma, on Sunday. There were no reports of damage to pipelines or other assets. (Reuters)

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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 http://www.industrialinfo.com.