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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