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Enbridge, EQT Corporation: Your Daily Energy News

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

Released Thursday, May 28, 2020

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

PIPELINES
Enbridge to Raise Rates on Express Crude Oil Pipeline
- Enbridge Incorporated (NYSE:ENB) proposed raising tariff rates on its Express crude oil pipeline from Alberta, Canada, to points in Wyoming and Montana by 3%, according to a filing on Monday. The 785-mile Express Pipeline transports up to 280,000 barrels per day of crude from Hardisty, Alberta, to Casper, Wyoming. (Pipeline 3502277, 3754281) (Reuters)

CRUDE OIL
Canada's Crude-by-Rail Exports Dropped 9% in March
- Exports of crude oil by rail from Canada dipped by 9% in March, according to new data from the Canada Energy Regulator. Exports to the U.S. fell from 11,947,735 barrels in February to 10,867,570 barrels in March. (Kallanish Energy)

FINANCIAL
EQT Closes Sale of Appalachia Assets
- EQT Corporation (NYSE:EQT), the largest producer of natural gas in the U.S., recently closed the sale of assets in West Virginia and Pennsylvania to Diversified Gas & Oil plc for $125 million in cash. (EQT)

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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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