Energy Transfer, Nord Stream 2: Your Daily Energy News

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

PIPELINES
Court Orders Shutdown of Dakota Access Pipeline - A U.S. court ordered the shutdown of the Dakota Access oil pipeline on Monday over concerns about its potential environmental impact. According to the ruling, the U.S. Army Corps of Engineers violated the National Environmental Policy Act when it granted an easement to Energy Transfer LP (NYSE:ET) to construct and operate a segment of the oil pipeline beneath Lake Oahe in South Dakota, because they failed to produce an adequate Environmental Impact Statement. The court ordered Energy Transfer to shut and empty the 570,000-barrel-per-day line within 30 days. (Reuters)

Denmark Gives Nod to Restart Nord Stream 2 Project - Denmark on Monday gave Nord Stream 2 permission to use pipe-laying vessels with anchors to complete the final stretch of the gas pipeline in Danish waters, removing a key obstacle for the much-delayed project designed to bring more Russian natural gas to Europe. The Trump administration opposes the project on the grounds it would strengthen Russia's economic grip over Europe. Construction of the 1,230-kilometer pipeline is nearly finished, but it needs to complete a final stretch of roughly 120 kilometers in Danish waters. (Reuters)

NATURAL GAS
U.S. Gas Futures Jump to Five-Week High on Warmer Weather - U.S. natural gas futures jumped to a five-week high on Monday on forecasts calling for warmer weather and higher air conditioning demand over the next two weeks than previously expected. Front-month gas futures rose 9.6 cents, or 5.5%, to settle at $1.830 per million British thermal units. That is their highest close since May 29. (Reuters)

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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 https://www.industrialinfo.com.