Pipelines
Energy Transfer, U.S. LNG Exports: Your Daily Energy News
Scan through a selection of energy-related news highlights that we think will interest our clients.
Released Thursday, November 02, 2023
News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
PIPELINES
Energy Transfer's Crude Oil, NGL Volumes Hit Record in Third Quarter - Midstream company Energy Transfer LP (NYSE:ET) (Dallas, Texas) reported its third-quarter 2023 natural gas liquids (NGL) transportation volumes were up, a record for the company, while crude oil transportation volumes gained 23%, also a record, the company said. (Reuters)
LNG
U.S. October LNG Exports Climb to Second-Highest Level on Record - U.S. liquefied natural gas (LNG) producers ramped up exports in October, to 7.92 million metric tons, according to data provider LSEG, the second-highest monthly level on record. Exports were just shy of the record 8.01 million metric tons in April this year and were up from 7.12 million metric tons in September, when plant maintenance reduced U.S. production. (Reuters)
CRUDE OIL
U.S. Crude Oil, Gasoline Stocks Rise - U.S. crude oil inventories rose by 774,000 barrels to 421.9 million barrels in the week ending October 27, according to the U.S. Energy Information Administration (EIA). U.S. gasoline stocks rose by 0.1 million barrels in the week to 223.5 million barrels, the EIA said. Distillate stockpiles fell by 0.8 million barrels in the week to 111.3 million barrels, as demand for heating oil picked up seasonally. (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).
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