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Released September 11, 2020 | SUGAR LAND
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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
PRODUCTION
EQT Reduces Natural Gas Production in September - EQT Corporation (NYSE:EQT), the biggest U.S. natural gas producer, said this week it reduced natural gas production on September 1 by about 425 million cubic feet per day. The production curtailment was smaller than the company's last reduction of about 1.4 billion cubic feet of natural gas equivalent per day of gross production on May 16, which EQT restored in July. (Reuters)
LNG
Freeport Gets More Time to Build Train 4 at Texas LNG Plant - U.S. energy regulators on Thursday granted Freeport LNG's request for three more years - until May 2026 - to complete its proposed fourth liquefaction train at its liquefied natural gas (LNG) export plant in Texas. The U.S. Federal Energy Regulatory Commission (FERC) approved construction of the fourth train in May 2019, requiring Freeport to finish the facility within four years by May 2023. (Project 300023059) (Reuters)
CRUDE OIL
U.S. Crude Oil Stocks Rise - U.S. crude oil inventories rose by 2 million barrels in the week ending September 4 to 500.4 million barrels. Refinery crude runs fell by 1.1 million barrels per day. U.S. gasoline stocks fell by 3 million barrels. Distillate stockpiles fell by 1.7 million barrels.
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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.
PRODUCTION
EQT Reduces Natural Gas Production in September - EQT Corporation (NYSE:EQT), the biggest U.S. natural gas producer, said this week it reduced natural gas production on September 1 by about 425 million cubic feet per day. The production curtailment was smaller than the company's last reduction of about 1.4 billion cubic feet of natural gas equivalent per day of gross production on May 16, which EQT restored in July. (Reuters)
LNG
Freeport Gets More Time to Build Train 4 at Texas LNG Plant - U.S. energy regulators on Thursday granted Freeport LNG's request for three more years - until May 2026 - to complete its proposed fourth liquefaction train at its liquefied natural gas (LNG) export plant in Texas. The U.S. Federal Energy Regulatory Commission (FERC) approved construction of the fourth train in May 2019, requiring Freeport to finish the facility within four years by May 2023. (Project 300023059) (Reuters)
CRUDE OIL
U.S. Crude Oil Stocks Rise - U.S. crude oil inventories rose by 2 million barrels in the week ending September 4 to 500.4 million barrels. Refinery crude runs fell by 1.1 million barrels per day. U.S. gasoline stocks fell by 3 million barrels. Distillate stockpiles fell by 1.7 million barrels.
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.
