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Dominion Energy, Restoring Gulf of Mexico Production: Your Daily Energy News

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

Released Tuesday, October 13, 2020

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

LNG
Dominion's Cove Point LNG Plant Begins to Exit Outage
- Dominion Energy Incorporated's (NYSE:D) Cove Point liquefied natural gas (LNG) export terminal in Maryland started to exit a three-week annual maintenance outage on Monday. The amount of natural gas flowing on pipelines to the plant was on track to reach 0.5 billion cubic feet per day (Bcf/d) on Monday from around zero since it shut on September 20, data showed. (Offline Event 478409) (Reuters)

NATURAL GAS
U.S. Natural Gas Futures Rise to Highest Since January 2019
- U.S. natural gas futures spiked on Monday to their highest since January 2019 as the amount of gas flowing to LNG export plants jumps as units return in Louisiana after Hurricane Delta and in Maryland after maintenance work. Front-month gas futures rose 14.5 cents, or 5.3%, to $2.886 per million British thermal units, putting the contract on track for its highest close since January 2019.

PRODUCTION
Energy Companies Restore Gulf of Mexico Production After Hurricane
- Energy companies forged ahead restoring oil and natural gas production in the U.S.-regulated northern Gulf of Mexico on Monday, three days after Hurricane Delta made landfall, said the U.S. Bureau of Safety and Environmental Enforcement (BSEE). Shut offshore crude oil production fell to 69.4%, or 1.28 million barrels per day (BBL/d), on Monday from 91%, or 1.68 million BBL/d, on Sunday, the regulator said. BSEE also said 47%, or 1.28 billion cubic feet per day (Bcf/d), in offshore natural gas production remained shut as of midday on Monday. On Sunday, the agency said 62%, or 1.68 Bcf/d, was shut. (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.
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