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

PRODUCTION
U.S. Oil & Gas Rig Count Hits Record Low for Eleventh Week
- The U.S. oil and gas rig count fell by five to an all-time low of 253 in the week ending July 17, marking the eleventh week of a new record low. (Reuters)

Norway's Crude Oil Production Falls in June - Norway's June crude oil output fell 12% from May to 1.54 million barrels per day (BBL/d) which was 4.1% below the official forecast which corresponded to a production cap of 1.61 million BBL/d set by the government. Crude oil output year on year, however, was up 45.8% due to the ramp-up of Norway's Johan Sverdrup oilfield, which started production last October. Natural gas output rose 5.9% month on month to 279.7 million cubic meters per day. Norway produces about 2% of the world's crude oil. (Reuters)

LNG
U.S. Okays Start of Kinder Morgan's Seventh Elba Island LNG Unit
- U.S. energy regulators on Friday approved Kinder Morgan Incorporated's (NYSE:KMI) request to put the seventh liquefaction train at its nearly $2 billion Elba Island liquefied natural gas (LNG) export plant in Georgia into service. The first export cargo from Elba left in December. Elba, however, has not exported a cargo since January as government steps to reduce the spread of coronavirus have cut global energy demand. (Project 300106666) (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 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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