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Project(s): View 4 related projects in PECWeb
Plant(s): View 1 related plant in PECWeb
Released October 25, 2024 | SUGAR LAND
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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
LNG
ExxonMobil, QatarEnergy Receive Three-Year Extension for LNG Plant Completion - Federal regulators on Thursday gave an Exxon Mobil Corporation (NYSE:XOM) (Spring, Texas) and QatarEnergy (Doha, Qatar) liquefied natural gas (LNG) joint venture a three-year extension to finish building the Golden Pass LNG plant, a regulatory document showed. The extension was granted due to delays caused when lead construction contractor Zachry Holdings filed for bankruptcy in March, according to a Federal Energy Regulatory Commission filing. Subscribers to Industrial Info's Global Market Intelligence (GMI) Production Project Database can learn more by viewing the related project reports. (Reuters)
EARNINGS REPORTS
DTE Energy Boosts Third-Quarter Earnings - Electric and gas utility DTE Energy Company's (NYSE:DTE) (Detroit, Michigan) net income for the quarter ended September 30 rose to $460 million from the same quarter last year. The company's electric segment, the largest unit by net income, reported adjusted earnings of $437 million in the quarter compared with $268 million a year ago. However, the gas segment posted an adjusted loss of $13 million in the third-quarter compared to a loss of $5 million a year ago, partly due to higher operating costs. (Reuters)
POWER
BP Completes Acquisition of Solar Developer Lightsource bp - BP (NYSE:BP) (London, England) has completed its acquisition of the remaining 50.03% interest in Lightsource bp (London), one of the world's leading developers and operators of utility-scale solar and battery storage assets. While BP will take on full ownership, Lightsource bp will retain its standalone operating model and independent brand. (Lightsource bp)
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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).
LNG
ExxonMobil, QatarEnergy Receive Three-Year Extension for LNG Plant Completion - Federal regulators on Thursday gave an Exxon Mobil Corporation (NYSE:XOM) (Spring, Texas) and QatarEnergy (Doha, Qatar) liquefied natural gas (LNG) joint venture a three-year extension to finish building the Golden Pass LNG plant, a regulatory document showed. The extension was granted due to delays caused when lead construction contractor Zachry Holdings filed for bankruptcy in March, according to a Federal Energy Regulatory Commission filing. Subscribers to Industrial Info's Global Market Intelligence (GMI) Production Project Database can learn more by viewing the related project reports. (Reuters)
EARNINGS REPORTS
DTE Energy Boosts Third-Quarter Earnings - Electric and gas utility DTE Energy Company's (NYSE:DTE) (Detroit, Michigan) net income for the quarter ended September 30 rose to $460 million from the same quarter last year. The company's electric segment, the largest unit by net income, reported adjusted earnings of $437 million in the quarter compared with $268 million a year ago. However, the gas segment posted an adjusted loss of $13 million in the third-quarter compared to a loss of $5 million a year ago, partly due to higher operating costs. (Reuters)
POWER
BP Completes Acquisition of Solar Developer Lightsource bp - BP (NYSE:BP) (London, England) has completed its acquisition of the remaining 50.03% interest in Lightsource bp (London), one of the world's leading developers and operators of utility-scale solar and battery storage assets. While BP will take on full ownership, Lightsource bp will retain its standalone operating model and independent brand. (Lightsource bp)
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).
