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Released May 09, 2019 | SUGAR LAND
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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
POWER
Exelon to Close Last Three Mile Island Reactor in September - U.S. energy company Exelon Corporation (NYSE:EXC) said Wednesday it will shut the last reactor at the Three Mile Island power plant on September 30 due to legislative inaction on a nuclear subsidy bill in Pennsylvania. (Plant 1019884) (Reuters)
TERMINALS
SoCalGas Raises Aliso Gas Leak Cost - Southern California Gas Company (SoCalGas) raised the estimated cost of the massive leak at its Aliso Canyon natural gas storage facility in Los Angeles between October 2015 and February 2016 to $1.071 billion as of March 31. That is up about 1.5% from SoCalGas' $1.055 billion estimate at the end of its fourth quarter, the company said on Tuesday in a report on first-quarter results. (Plant 1015767) (Reuters)
CRUDE OIL
U.S. Crude Inventories Fall - U.S. crude oil inventories declined 4 million barrels for the week ending May 3, which boosted oil futures on Wednesday. Net U.S. crude imports fell 432,000 barrels per day (BBL/d) to 4.4 million BBL/d, and crude production edged down 100,000 BBL/d to 12.2 million BBL/d. (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.
POWER
Exelon to Close Last Three Mile Island Reactor in September - U.S. energy company Exelon Corporation (NYSE:EXC) said Wednesday it will shut the last reactor at the Three Mile Island power plant on September 30 due to legislative inaction on a nuclear subsidy bill in Pennsylvania. (Plant 1019884) (Reuters)
TERMINALS
SoCalGas Raises Aliso Gas Leak Cost - Southern California Gas Company (SoCalGas) raised the estimated cost of the massive leak at its Aliso Canyon natural gas storage facility in Los Angeles between October 2015 and February 2016 to $1.071 billion as of March 31. That is up about 1.5% from SoCalGas' $1.055 billion estimate at the end of its fourth quarter, the company said on Tuesday in a report on first-quarter results. (Plant 1015767) (Reuters)
CRUDE OIL
U.S. Crude Inventories Fall - U.S. crude oil inventories declined 4 million barrels for the week ending May 3, which boosted oil futures on Wednesday. Net U.S. crude imports fell 432,000 barrels per day (BBL/d) to 4.4 million BBL/d, and crude production edged down 100,000 BBL/d to 12.2 million BBL/d. (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 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.
