Enbridge, U.S. Rig Count: Your Daily Energy News

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Energy Market highlights gathered by Industrial Info and IIR Energy

PIPELINES
Judge Rules Enbridge-Michigan Suit Belongs in Federal Court - A Michigan lawsuit that aims to force Enbridge Incorporated (NYSE:ENB) (Calgary, Alberta) to stop operating the Line 5 oil pipeline underneath the Straits of Mackinac in the Great Lakes will be heard in federal court, a judge ruled on Thursday. The decision from Judge Janet Neff is a win for Enbridge, which has been locked long-running dispute with Michigan over Line 5, which ships 540,000 barrels per day of crude oil and refined products from Superior, Wisconsin, to Sarnia, Ontario. Michigan ordered the pipeline to shut down by May 2021, which Enbridge ignored, and the two sides are embroiled in a legal battle over Line 5's fate. (Reuters)

PRODUCTION
U.S. Rig Count Falls for Third Week - The U.S. oil and gas rig count, an early indicator of future output, fell by one to 762 in the week ending August 19, energy services firm Baker Hughes Company (NYSE:BKR) (Houston, Texas) said. U.S. oil rigs were unchanged at 601, while gas rigs fell one to 159. (Reuters)

POWER
Nebraska Coal-Fired Power Plant Delays Planned Closure - The board of directors for Nebraska's Omaha Public Power District, a public electric utility, unanimously voted to extend operations at the 645-megawatt North Omaha coal-fired power plant until 2026, delaying the plant's planned closure by three years. It became at least the sixth U.S. coal plant this year to delay closing, citing concerns about energy shortages. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Plant Database can click here for the plant profile. (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 commodity-trading community. We are the number one source for information about power plant outages, refinery turnarounds and midstream natural gas disruptions.

About Industrial Info
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).