EQM Midstream, Anadarko: 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.

PRODUCTION
EIA: U.S. Shale Oil Output to Rise to Record in July - U.S. oil output from seven major shale formations is expected to rise by about 70,000 barrels per day (BBL/d) in July to a record 8.52 million BBL/d, the U.S. Energy Information Administration (EIA) said in its monthly drilling productivity report on Monday. (Reuters)

PIPELINES
EQM Raises Costs, Delays Startup of Mountain Valley Natural Gas Pipeline - EQM Midstream Partners LP (NYSE:EQM) said on Monday it had raised the estimated cost of its Mountain Valley natural gas pipeline from West Virginia to Virginia to between $4.8 billion and $5 billion, and delayed the projected completion to mid-2020 due to ongoing legal and regulatory challenges. (Projects 300393622, 300183147) (Reuters)

LNG
Anadarko Authorizes Mozambique LNG Project - Anadarko Petroleum (NYSE:APC) authorized the roughly $20 billion Mozambique liquefied natural gas (LNG) export project on Tuesday at a celebratory event in the eastern African nation. The massive LNG project is expected to be sold to the French energy major Total (NYSE:TOT) after Houston's Occidental Petroleum (NYSE:OXY) acquires Anadarko. (Project 300045959) (Houston Chronicle)

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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, eight 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.