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Daily News Energy Headlines from September 16, 2016

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

Released Monday, September 19, 2016


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

PRODUCTION
U.S. Oil Drillers Add Rigs
- Baker Hughes reports that the number of rigs drilling for oil in the U.S. increased by two for the week ending September 16 to 416. This marks the 11th week in 12 that oil drillers have added to the total number of rigs and is the highest oil rig count since February. (Reuters)

POWER
New Milestone for Kemper Clean-Coal Facility
- Southern Company (NYSE:SO) (Atlanta, Georgia) subsidiary Mississippi Power on Friday announced it has started producing syngas using the second gasifier at the Kemper County energy facility in Mississippi -- continuing progress toward the project's commercial operation. The project has been plagued with schedule and cost overruns. (Project: 3002827) (Business Wire)

CRUDE OIL
Iran Crude Oil Exports Hit Five-Year High
- Sources tell Reuters that Iran's August crude oil exports jumped 15% from July to more than 2 million barrels per day, the highest since January 2012. (Reuters)

LNG
Cheniere Announces Commissioning of Train 2 at Sabine Pass LNG Terminal
- Cheniere Energy Partners (Houston, Texas) on Friday announced that Train 2 of its Sabine Pass liquefied natural gas production facility in Louisiana has been commissioned. The date for first commercial delivery for Train 2 is expected to occur in August 2017. (Project: 300013021) (Business Wire)

NATURAL GAS
U.S. Natural Gas Supplies Rebalancing
- Reuters analyst John Kemp discusses how below-average builds and high consumption are gradually whittling away at the large surplus of U.S. natural gas in storage after a mild winter. (Reuters)

REFINING
Reports: Saudi Aramco Eyes Texas Refinery Purchase
- Saudi Arabian Oil Company (Saudi Aramco) (Dhahran, Saudi Arabia), the national oil company of Saudi Arabia, is part of a joint venture that is the frontrunner to acquire a large oil refinery on the Houston Ship Channel, according to The New York Times and other news sources. (IIR)

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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. 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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