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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
POWER
Dominion Acquires Two Virginia Solar Projects - Dominion Energy (NYSE:D) announced that it has acquired two solar power projects in Virginia from Savion LLC. The 15-megawatt (MW) Myrtle solar project is expected to enter service in the second quarter of 2020. The 80-MW Greensville solar facility is targeted to come online in late 2020. (Projects 300482436, 300393638) (PR Newswire)
FINANCIAL
ExxonMobil to Sell Norwegian Upstream Assets - Exxon Mobil Corporation (NYSE:XOM) (ExxonMobil) signed an agreement on Thursday with Var Energi AS for the sale of its non-operated upstream assets in Norway for $4.5 billion as part of its previously announced plans to divest approximately $15 billion in non-strategic assets by 2021.
LNG
Chevron Faces Fines Over Emissions from Australia's Gorgon LNG Plant - Chevron Corporation (NYSE:CVX) might have to pay penalties for carbon emissions from its Gorgon liquefied natural gas (LNG) plant off Western Australia after running into delays starting one of the world's biggest carbon capture and storage projects. Western Australia's environment minister is considering a recommendation made this week by the state's Environmental Protection Authority to hold Chevron accountable for emissions from July 2016, when Gorgon LNG got its first operating license. Chevron contended that the start of operations should be defined as when it reached a steady state in all three of its processing units at the plant. (Plant 1080943)
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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.
POWER
Dominion Acquires Two Virginia Solar Projects - Dominion Energy (NYSE:D) announced that it has acquired two solar power projects in Virginia from Savion LLC. The 15-megawatt (MW) Myrtle solar project is expected to enter service in the second quarter of 2020. The 80-MW Greensville solar facility is targeted to come online in late 2020. (Projects 300482436, 300393638) (PR Newswire)
FINANCIAL
ExxonMobil to Sell Norwegian Upstream Assets - Exxon Mobil Corporation (NYSE:XOM) (ExxonMobil) signed an agreement on Thursday with Var Energi AS for the sale of its non-operated upstream assets in Norway for $4.5 billion as part of its previously announced plans to divest approximately $15 billion in non-strategic assets by 2021.
LNG
Chevron Faces Fines Over Emissions from Australia's Gorgon LNG Plant - Chevron Corporation (NYSE:CVX) might have to pay penalties for carbon emissions from its Gorgon liquefied natural gas (LNG) plant off Western Australia after running into delays starting one of the world's biggest carbon capture and storage projects. Western Australia's environment minister is considering a recommendation made this week by the state's Environmental Protection Authority to hold Chevron accountable for emissions from July 2016, when Gorgon LNG got its first operating license. Chevron contended that the start of operations should be defined as when it reached a steady state in all three of its processing units at the plant. (Plant 1080943)
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.
