Freeport LNG, Imperial Oil: Your Daily Energy News

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Energy Market highlights gathered by Industrial Info and IIR Energy

LNG
Freeport LNG Seeks Approval to Restart One Unit - Freeport LNG (Houston, Texas) asked U.S. regulators for approval to add natural gas to one of the three idled units at its liquefied natural gas (LNG) export plant in Texas, a milestone in efforts to restore production after a seven-month outage. The plant has been offline since a fire in June. Subscribers to Industrial Info's Global Market Intelligence (GMI) Production Plant Database can click here for the plant profile. (Reuters)

CRUDE OIL
U.S. Demand for Crude Oil, Petroleum Products Rises in November - Demand for U.S. crude oil and petroleum products rose 178,000 barrels per day (BBL/d) in November to 20.59 million BBL/d, the highest since August, the U.S. Energy Information Administration (EIA) said Tuesday in its Petroleum Supply Monthly report. Demand for finished motor gasoline, rose 21,000 BBL/d to 8.85 million BBL/d in November, also its highest since November, the EIA said. (Reuters)

EARNINGS REPORTS
Imperial Oil Boosts Quarterly Income -- Imperial Oil Limited (TSX:IMO) (Calgary, Alberta) reported fourth-quarter net income of C$1.7 billion (US$1.26 billion), up from C$813 million (US$611.22 million) a year earlier. Imperial said its upstream production for the fourth quarter averaged 441,000 barrels of oil-equvalent per day (boepd), down from 445,000 boepd in the same quarter a year earlier. (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) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).