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Released on Tuesday, December 24, 2019

Pipelines

ExxonMobil, Nord Stream 2, U.S. Gas Futures: Your Daily Energy News

Scan through a selection of energy-related news highlights that we think will interest our clients.

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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.

PIPELINES
Russia: Nord Stream 2 Pipeline Ready in Months
- Russian Prime Minister Dmitry Medvedev said on Monday that the Nord Stream 2 gas pipeline would be completed in a matter of months and U.S. sanctions imposed on the project last week would not be "catastrophic". (Projects 300224545, 300224565, 300119584) (Reuters)

NATURAL GAS
U.S. Gas Futures Drop on Warmer Weather Outlook
- U.S. natural gas futures fell nearly 5% on Monday on expectations of warmer weather, which would lead to a reduction in heating demand. Front-month gas futures for January delivery on the New York Mercantile Exchange were down 11 cents, or 4.7%, at $2.218 per million British thermal units in the morning. (Reuters)

PRODUCTION
ExxonMobil Hits Oil Again in Guyana
- Exxon Mobil Corporation (NYSE:XOM) (ExxonMobil) announced it has discovered crude at its deepwater Mako 1 well offshore Guyana, its 15th discovery since it first announced a successful test well in the area four years ago. (Houson 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, 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.
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