Pipelines
Daily News Energy Headlines from October 10, 2017
Scan through a selection of energy-related news highlights that we think will interest our clients.
Released Wednesday, October 11, 2017
News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
PIPELINES
Energy Transfer Gets FERC Go-ahead for Rover Compressor Station - Energy Transfer Partners (NYSE:ETP) announced Monday that Rover Pipeline, LLC received approval from the Federal Energy Regulatory Commission (FERC) to begin operating three compressor units at its Mainline Compressor Station 1 in Carroll County, Ohio. Phase 1A of the pipeline can now move more than 1 billion cubic feet per day of natural gas from Cadiz, Ohio, to Defiance, Ohio. (Project 300175237) (Business Wire)
CRUDE OIL
Oil Rises on Signs of Rebalancing Market - Oil prices rose about 2% on Tuesday, supported by Saudi Arabian export cuts in November and comments from OPEC and trading companies that the market is rebalancing after years of oversupply. (Reuters)
LNG
British Columbia Still Interested in LNG Projects - This Bloomberg article explores how, despite British Columbia's opposition to oil expansion projects, the province still remains open to the development of liquefied natural gas (LNG) liquefaction and export facilities. (Bloomberg)
POWER
Trump Administration Formally Proposes to Rescind Clean Power Plan - The Trump administration on Tuesday began the process of repealing former President Barack Obama's plan to cut greenhouse gas emissions from power plants, opening a small window for a revival of coal while prolonging uncertainty over the U.S. electricity mix. It will take months, if not longer, for President Donald Trump's EPA to formally end the regulation, much less decide on whether--and how--to replace it. (Bloomberg)
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 http://www.industrialinfo.com.
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