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Duke Energy, Suncor: Your Daily Energy News

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

Released Tuesday, June 02, 2020

Duke Energy, Suncor:  Your Daily Energy News

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

POWER
Duke Announces Three New Solar Plants in Florida
- Duke Energy Corporation (NYSE:DUK) announced that it will construct three new solar power facilities in Florida. The 74.9-megawatt plants will be in Manatee, Hardee and Alachua counties. (PR Newswire)

PRODUCTION
Russia Lifts Lockdown on China-Designated Gas Field
- Local authorities have fully lifted the coronavirus-related quarantine at Russia's Chayandinskoye natural gas field, the source of the country's first pipeline gas supplies to China, the coronavirus response center said on Monday. The lockdown at the field in the eastern Yakutia region was introduced in mid-April to contain the spread of the coronavirus. The Siberian gas field was launched in December to move gas supplies via pipeline to China for the first time. (Reuters)

Canada's Suncor CEO Sees Electric Vehicles Disrupting Oil Market as Much as Coronavirus - The shift to electric vehicles and other low-carbon technologies could disrupt crude oil demand on a similar scale to the coronavirus pandemic, Suncor Energy Incorporated's (NYSE:SU) Chief Executive Mark Little said on Monday. "The temporary economic lockdown triggered by the 2020 pandemic is giving us a glimpse into a not-too-distant future where the transformation of our energy system could disrupt demand on a similar scale," he said.

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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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