ExxonMobil, Louisiana Offshore Oil Port: Your Daily Energy News

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Energy Market highlights gathered by Industrial Info and IIR Energy

TERMINALS
Louisiana Offshore Oil Port Reopens After Ida - The Louisiana Offshore Oil Port (LOOP), the largest U.S. privately owned deepwater crude oil terminal, has fully reopened its marine operations for imports and exports, a spokesperson said on Friday. The facility closed on August 28 ahead of Hurricane Ida, which caused extensive damages to U.S. Gulf of Mexico oil production and processing. More than two-thirds of oil production was shut-in on Friday. Subscribers to Industrial Info's Global Market Intelligence (GMI) Terminals Plant Database can click here for the plant profile. (Reuters)

REFINING
U.S. Loans ExxonMobil Another 1.5 Million Barrels of Crude Oil from Strategic Petroleum Reserve - The U.S. Energy Department said on Thursday it has approved a second loan of 1.5 million barrels of oil to Exxon Mobil Corporation (NYSE:XOM) (Irving, Texas) from the Strategic Petroleum Reserve (SPR) after damage from Hurricane Ida devastated offshore oil production. "The SPR's ability to conduct exchanges is a critical tool available to refiners to strengthen the fuel supply chain and mitigate disruptions following emergencies, like Hurricane Ida," the department said on its website after authorizing the additional loan to Exxon's 520,000-barrel-per-day Baton Rouge refinery. Subscribers to Industrial Info's Refinery Plant Database can click here for the plant profile. (Reuters)

PRODUCTION
U.S. Drillers Add Rigs - Baker Hughes Company (NYSE:BKR) (Houston, Texas) reports that the oil and gas rig count, an early indicator of future output, rose six to 503 in the week ending September 10. U.S. oil rigs rose seven to 401, while gas rigs fell one to 101. (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 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), 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.