PSEG, Coal-to-Liquids: 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.

POWER
PSEG to Sell Interest in Pennsylvania Coal-Fired Plants- PSEG Power, a unit of Public Service Enterprise Group (NYSE:PEG) (PSEG), has agreed to sell its 776-megawatt interest in the Keystone and Conemaugh generation facilities in western Pennsylvania and related assets. The transaction is expected to close during the second half of 2019. (Plants 1016346, 1017267) (PR Newswire)

CRUDE OIL
Oil Mixed on Easing Iran Tensions, Demand Concerns - Oil prices were mixed on Monday as market concerns about the possibility of a conflict between the United States and Iran eased, while worries about declining crude demand resurfaced. Benchmark Brent crude futures settled at $64.86 a barrel, losing 34 cents, or 0.5%. U.S. crude futures settled at $57.90 a barrel, rising 47 cents, or 0.8%. Last week, Brent climbed 5% and U.S. crude surged 10% after Iran shot down a U.S. drone on Thursday in the Gulf. (Reuters)

COAL
West Virginia Coal-to-Liquids Plant Announced - A West Virginia company last week announced plans for a $1.2 billion coal-to-liquids plant to be built in Mason County, West Virginia. The West Virginia Department of Environmental Protection last week approved a draft construction permit for the project. (Project 300532051) (Kallanish Energy)

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About Industrial Info
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