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Released September 10, 2024 | SUGAR LAND
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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
POWER
New England States to Move Forward with Offshore Windfarms - Massachusetts and Rhode Island are moving ahead with three offshore wind projects totaling 2.9 gigawatts (GW), or enough electricity to power about 1.6 million homes, government officials announced on Friday. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can learn more by viewing the related project reports. The projects are expected to begin delivering power around the end of the decade. (Reuters)
PRODUCTION
U.S. Oil Firms Evacuate Offshore Staff Ahead of Storm Francine - U.S. Gulf of Mexico offshore oil and gas producers on Monday were evacuating staff and curbing drilling as Tropical Storm Francine churned through the energy region on a path to bring high winds and drenching rains to the U.S. mid-South. Francine is moving toward U.S. Gulf of Mexico waters and predicted to become the fourth hurricane of the Atlantic season. Exxon Mobil Corporation (NYSE:XOM) (Spring, Texas) said it shut-in output and evacuated staff from its Hoover offshore production platform. Shell plc (NYSE:SHEL) (London, England) said it was evacuating non-essential personnel from three offshore oil platforms, and had paused drilling operations at two others. Chevron Corporation (NYSE:CVX) (San Ramon, California) is evacuating non-essential staff from four offshore platforms, but production remains at normal levels, a spokesperson said. (Reuters)
LNG
ANDOC to Supply LNG to Indian Oil in 15-Year Deal - The Abu Dhabi National Oil Company (ADNOC) (Abu Dhabi, United Arab Emirates) has agreed to a 15-year deal to supply Indian Oil Corporation (New Delhi, India) with 1 million metric tons per annum of liquefied natural gas (LNG), the Abu Dhabi Media Office said on Monday. The LNG will mainly come from ADNOC's Ruwais LNG project, the government media office said. Subscribers to Industrial Info's Production Project Database can learn more by viewing the project report. (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).
POWER
New England States to Move Forward with Offshore Windfarms - Massachusetts and Rhode Island are moving ahead with three offshore wind projects totaling 2.9 gigawatts (GW), or enough electricity to power about 1.6 million homes, government officials announced on Friday. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can learn more by viewing the related project reports. The projects are expected to begin delivering power around the end of the decade. (Reuters)
PRODUCTION
U.S. Oil Firms Evacuate Offshore Staff Ahead of Storm Francine - U.S. Gulf of Mexico offshore oil and gas producers on Monday were evacuating staff and curbing drilling as Tropical Storm Francine churned through the energy region on a path to bring high winds and drenching rains to the U.S. mid-South. Francine is moving toward U.S. Gulf of Mexico waters and predicted to become the fourth hurricane of the Atlantic season. Exxon Mobil Corporation (NYSE:XOM) (Spring, Texas) said it shut-in output and evacuated staff from its Hoover offshore production platform. Shell plc (NYSE:SHEL) (London, England) said it was evacuating non-essential personnel from three offshore oil platforms, and had paused drilling operations at two others. Chevron Corporation (NYSE:CVX) (San Ramon, California) is evacuating non-essential staff from four offshore platforms, but production remains at normal levels, a spokesperson said. (Reuters)
LNG
ANDOC to Supply LNG to Indian Oil in 15-Year Deal - The Abu Dhabi National Oil Company (ADNOC) (Abu Dhabi, United Arab Emirates) has agreed to a 15-year deal to supply Indian Oil Corporation (New Delhi, India) with 1 million metric tons per annum of liquefied natural gas (LNG), the Abu Dhabi Media Office said on Monday. The LNG will mainly come from ADNOC's Ruwais LNG project, the government media office said. Subscribers to Industrial Info's Production Project Database can learn more by viewing the project report. (Reuters)
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).
