Phillips 66, U.S. Rig Count, Russia-Iran Gas Deal: 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.

PRODUCTION
U.S. Drillers Add Rigs - The number of oil rigs in the U.S. stood at 483 in the week ending April 25, increasing by two from the previous week, according to the Baker Hughes Company (NASDAQ:BKR) (Houston, Texas) weekly rig count released on Friday. The U.S. gas rig count was up by one to 99 in the week. (Baker Hughes)

REFINING
Phillips 66 to Run Refineries in Mid-90% Range Capacity in Second Quarter - U.S. crude oil refiner Phillips 66 (NYSE:PSX) (Houston, Texas) plans to operate its refineries in the mid-90% range of combined capacity of 1.5 million barrels per day in the second quarter, Chief Financial Officer Kevin Mitchell said on Friday during a conference call with analysts. (Reuters)

NATURAL GAS
Russia, Iran Agree on 55 Bcm of Gas Supplies - Moscow and Tehran have reached a deal on 55 billion cubic meters (Bcm) of Russian gas supplies a year, though prices are yet to be agreed, while Russia also pledged to fund construction of a new nuclear power plant in Iran, officials said on Friday. The preliminary agreements came as the U.S. is looking to isolate Iran from the rest of the world unless Tehran agrees to a new deal for inspections of its nuclear facilities. (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).