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Released October 15, 2018 | SUGAR LAND
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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
PIPELINES
FERC Gives Approval to Start Parts of Enbridge's NEXUS Pipeline - The U.S. Federal Energy Regulatory Commission (FERC) approved Enbridge Incorporated's (NYSE:ENB) request to put part of its $2.6 billion NEXUS natural gas pipeline from Ohio to Michigan into service. (Projects 300094193, 300094199) (Reuters)
PRODUCTION
World Hits New Crude Oil and Liquids Production Record - The world is pumping out more oil and other petroleum liquids than ever before. Global supply rose to 100.3 million barrels a day in the third quarter, the International Energy Agency said Friday in its monthly oil market report. Output, which includes crude oil, natural gas liquids, biofuels and refinery processing gains, was 2.3 million barrels above the same period last year and 1.3 million barrels a day higher than the second quarter. (Fuel Fix)
U.S. Oil Rig Count Jumps - The number of rigs drilling for oil in the U.S. increased by eight for the week ending October 12, to 869. (Market Watch)
LNG
NextDecade Receives Draft Environmental Impact Statement for Rio Grande LNG Project - NextDecade Corporation (NASDAQ:NEXT) announced that the Federal Energy Regulatory Commission has issued a draft environmental impact statement for NextDecade's Rio Grande liquefied natural gas (LNG) project in south Texas, as well as the associated Rio Bravo Pipeline to originate in the Agua Dulce area. (Projects 300186992, 300219685)
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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.
PIPELINES
FERC Gives Approval to Start Parts of Enbridge's NEXUS Pipeline - The U.S. Federal Energy Regulatory Commission (FERC) approved Enbridge Incorporated's (NYSE:ENB) request to put part of its $2.6 billion NEXUS natural gas pipeline from Ohio to Michigan into service. (Projects 300094193, 300094199) (Reuters)
PRODUCTION
World Hits New Crude Oil and Liquids Production Record - The world is pumping out more oil and other petroleum liquids than ever before. Global supply rose to 100.3 million barrels a day in the third quarter, the International Energy Agency said Friday in its monthly oil market report. Output, which includes crude oil, natural gas liquids, biofuels and refinery processing gains, was 2.3 million barrels above the same period last year and 1.3 million barrels a day higher than the second quarter. (Fuel Fix)
U.S. Oil Rig Count Jumps - The number of rigs drilling for oil in the U.S. increased by eight for the week ending October 12, to 869. (Market Watch)
LNG
NextDecade Receives Draft Environmental Impact Statement for Rio Grande LNG Project - NextDecade Corporation (NASDAQ:NEXT) announced that the Federal Energy Regulatory Commission has issued a draft environmental impact statement for NextDecade's Rio Grande liquefied natural gas (LNG) project in south Texas, as well as the associated Rio Bravo Pipeline to originate in the Agua Dulce area. (Projects 300186992, 300219685)
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.
