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Energy Transfer Partners, MPLX, DTE Energy: Your Daily Energy News

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

Released Wednesday, May 02, 2018

Energy Transfer Partners, MPLX, DTE Energy:  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
Energy Transfer Partners Hopes to Resume Mariner East 1 This Week
- Energy Transfer Partners LP (NYSE:ETP) said on Monday it filed with Pennsylvania utility regulators on Friday to restart its Sunoco Mariner East 1 natural gas liquids pipeline and hopes the line will return to service this week. The Pennsylvania Public Utility Commission suspended operations on the Mariner East 1 pipeline on March 7 after sinkholes were discovered near the project. (Reuters)

EARNINGS REPORTS
MPLX Reports Strong First-Quarter Earnings
- Midstream Company MPLX LP (NYSE:MPLX) reported first-quarter 2018 earnings of $421 million, compared with $150 million in first-quarter 2017. (MPLX)

Noble Energy Reports Quarterly Income - Noble Energy (NYSE:NBL) reported first-quarter 2018 net income of $554 million, compared with $36 million in first-quarter 2017. Sales volumes were up 18%. (Globe Newswire)

POWER
Michigan Approves DTE Power Plant
- Michigan utility regulators on Friday approved DTE Energy Company's (NYSE:DTE) plan to build a 1,100-megawatt natural gas fired power plant at its Belle River site in St. Clair County to replace aging coal plants. (Project 300308263) (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 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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