Daily News Energy Headlines from September 2, 2016

---

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

PIPELINES
Enbridge Delays Sandpiper Pipeline Project - Enbridge Incorporated (NYSE:ENB) (Calgary, Alberta) says it will delay construction of the Sandpiper crude oil pipeline project "until such time as crude oil production in North Dakota recovers sufficiently to support development of new pipeline capacity." (Project: 300099101, 300099105)

Williams Files with FERC for Pipeline to LNG Projects - On Friday, Williams Companies Incorporated (NYSE:WMB) (Tulsa, Oklahoma) announced that its subsidiary Transco had filed an application with the U.S. Federal Energy Regulatory Commission (FERC) for the Gulf Coast Connector Project, which will deliver 75,000 dekatherms per day of natural gas to Freeport LNG's liquefied natural gas (LNG) production facility and 400,000 dekatherms per day to Cheniere Energy's LNG facility in Corpus Christi. (Business Wire)

PRODUCTION
U.S. Oil Drilling Rigs Increase for Week - Baker Hughes announced that the number of rigs drilling for oil in the U.S. increased by one to 406 for the week ending September 2. This marks the ninth week in 10 that the number of U.S. oil rigs has increased. (Reuters)

Putin: Output Freeze Would be Right Decision - In an interview with Bloomberg, Russian President Vladimir Putin said an agreement between OPEC and Russia to freeze output would be the right decision for the global market. (Bloomberg)

POWER
Renewables on the Rise in the Rockies - Renewable power in the Rocky Mountains market region is expected to increase over the next several years due to coal-fired power plant retirements, as well as requirements to reduce emissions by state and federal legislation. (IIR)

LNG
Exxon Plays LNG Waiting Game - This Bloomberg article discusses how Exxon Mobil Corporation (NYSE:XOM) (Irving, Texas) is playing a long game with LNG and is more focused on where the market will be 10 to 15 years from now, rather than in the immediate future.

.....

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/.