Reports related to this article:
Project(s): View 1 related project in PECWeb
Plant(s): View 1 related plant in PECWeb
Released August 22, 2023 | SUGAR LAND
en
News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
LNG
Energy Transfer Seeks New LNG Export License - Pipeline operator Energy Transfer LP (NYSE:ET) (Dallas, Texas) on Friday requested a new and expedited export license for its proposed Lake Charles, Louisiana, liquefied natural gas (LNG) plant, according to a filing with the U.S. Department of Energy (DOE). The department in May had refused a three-year extension to Energy Transfer's earlier license, saying the request did not meet criteria for a second extension. Subscribers to Industrial Info's Global Market Intelligence (GMI) Production Project Database can click here for related project reports. (Reuters)
PRODUCTION
Storm Brewing in Gulf to Strengthen En Route to Texas - A storm system brewing in the Gulf of Mexico could strengthen into a named storm as it takes aim at the Texas coast, the U.S. National Hurricane Center said on Monday. The system is expected to develop into a tropical depression later on Monday and move inland over south Texas early on Tuesday, likely bringing 3 to 5 inches of rainfall, with isolated higher amounts of 7 inches, the hurricane center said. There are a total of five storm systems now swirling in the Atlantic, with U.S. forecasters recently saying they expect a more dangerous Atlantic storm season than previously projected. (Reuters)
NATURAL GAS
U.S. Natural Gas Prices Jump 3% - U.S. natural gas futures gained about 3% on Monday on forecasts that persistent hot weather through early September would keep air conditioning demand high, especially in Texas and other central U.S. states. Front-month gas futures for September delivery on the New York Mercantile Exchange rose 8.1 cents, or 3.2%, to settle at $2.632 per million British thermal units. (Reuters)
.....
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).
LNG
Energy Transfer Seeks New LNG Export License - Pipeline operator Energy Transfer LP (NYSE:ET) (Dallas, Texas) on Friday requested a new and expedited export license for its proposed Lake Charles, Louisiana, liquefied natural gas (LNG) plant, according to a filing with the U.S. Department of Energy (DOE). The department in May had refused a three-year extension to Energy Transfer's earlier license, saying the request did not meet criteria for a second extension. Subscribers to Industrial Info's Global Market Intelligence (GMI) Production Project Database can click here for related project reports. (Reuters)
PRODUCTION
Storm Brewing in Gulf to Strengthen En Route to Texas - A storm system brewing in the Gulf of Mexico could strengthen into a named storm as it takes aim at the Texas coast, the U.S. National Hurricane Center said on Monday. The system is expected to develop into a tropical depression later on Monday and move inland over south Texas early on Tuesday, likely bringing 3 to 5 inches of rainfall, with isolated higher amounts of 7 inches, the hurricane center said. There are a total of five storm systems now swirling in the Atlantic, with U.S. forecasters recently saying they expect a more dangerous Atlantic storm season than previously projected. (Reuters)
NATURAL GAS
U.S. Natural Gas Prices Jump 3% - U.S. natural gas futures gained about 3% on Monday on forecasts that persistent hot weather through early September would keep air conditioning demand high, especially in Texas and other central U.S. states. Front-month gas futures for September delivery on the New York Mercantile Exchange rose 8.1 cents, or 3.2%, to settle at $2.632 per million British thermal units. (Reuters)
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).
