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Energy Transfer, Pembina Pipeline: Your Daily Energy News

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

Released Monday, March 02, 2020

Energy Transfer, Pembina Pipeline:  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 Announces Supplemental Open Season for Bayou Bridge Pipeline
- Energy Transfer LP (NYSE:ET) announced that it has launched a binding supplemental open season to solicit additional shipper commitments for crude oil transportation service from Nederland, Texas, to Lake Charles, Louisiana, through the Bayou Bridge pipeline system. (Pipeline 3789918)

EARNINGS REPORTS
Pembina Pipeline Boosts Annual Earnings
- Pembina Pipeline (NYSE:PBA) reported full-year 2019 earnings of $1.49 billion, compared with $1.28 billion in 2018. (PR Newswire)

PRODUCTION
U.S. Oil Drillers Cut Rigs for First Week in Four
- The number of rigs drilling for oil in the U.S. declined by one for the week ending February 28, to 678. That is a decline of 20% from the same week last year, when 843 rigs were active. (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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