MPLX's Permian Acquisition, Sempra LNG Deal, Record U.S. Oil Production: Your Daily Energy News

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

MIDSTREAM
MPLX to Buy Northwind Midstream for $2.38 Billion - MPLX LP (Findlay, Ohio) said on Thursday it will acquire Northwind Midstream (Houston, Texas) for $2.38 billion in cash to expand its sour gas gathering and processing footprint in the Permian Basin, as producers ramp up drilling in New Mexico. Northwind operates in Lea County, New Mexico, with a network spanning more than 200 miles of pipeline and covering over 200,000 dedicated acres. An ongoing expansion is expected to increase Northwind's treating capacity to 440 million cubic feet per day by the second half of 2026. Subscribers to Industrial Info's Global Market Intelligence (GMI) Production Project Database can learn more by viewing the project report. (Reuters)

PRODUCTION
EIA: U.S. Oil Output Hits Record in May - U.S. crude oil production rose to a record 13.49 million barrels per day (BBL/d) in May, even as oversupply concerns pushed prices for the commodity to four-year lows, data from the U.S. Energy Information Administration (EIA) showed on Thursday. U.S. crude output was up 24,000 BBL/d in May from the prior record of 13.46 million BBL/d in April, which was the previous record, the EIA data showed. (Reuters)

LNG
Sempra, Japan's JERA Enter 20-Year LNG Supply Deal - Sempra Energy (San Diego, California) will supply 1.5 million metric tons of liquefied natural gas (LNG) per year to Japan's biggest power generator, JERA (Tokyo), in a 20-year deal, it said on Thursday. The LNG would be supplied from Sempra's Port Arthur LNG Phase 2 development project in Texas, it added. Subscribers to Industrial Info's GMI Project Database can learn more by viewing the related project report. (Reuters)

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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).