Daily News Energy Headlines from October 2, 2017

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

PIPELINES
Kinder Morgan Trans Mountain Lawsuit Begins - A Canadian judicial review that could overturn the federal approval of Kinder Morgan Canada Limited's (TSX:KML) Trans Mountain pipeline expansion began Monday in Vancouver. (Reuters)

Pembina Raises Capacity for Western Canada Pipeline Expansion - Pembina Pipeline Corporation (NYSE:PBA) (Calgary, Alberta) announced that it will raise the carrying capacity of its planned Phase V crude oil pipeline expansion in Alberta from 260,000 barrels per day (BBL/d) to 305,000 BBL/d. (IIR)

FINANCIAL
Activist Investors Seek to Separate Drilling from Executive Pay - This Reuters article discusses how some activist investors are seeking to remove drilling and capital spending linked to executive pay in order for the funds to be diverted to dividends and buybacks instead. (Reuters)

CRUDE OIL
Oil Falls on Signs of Higher Output - Oil fell more than $1 a barrel to below $56 on Monday as a rise in U.S. drilling and higher OPEC output put the brakes on a rally that helped prices to register their biggest third-quarter gain in 13 years. (Reuters)

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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, 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.