Released January 19, 2021 | SUGAR LAND
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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
POWER
PSEG on Track to Sell Fossil-Fired Plants by End of Year - Public Service Enterprise Group Incorporated (NYSE:PEG) is on track to sell its fossil-fired plants by the end of the year as it transitions into a mostly regulated utility operator and producer of 100% clean energy, the power company's chief executive said.
CORPORATE
ConocoPhillips Completes Acquisition of Concho Resources - ConocoPhillips (NYSE:COP) announced that it has completed its acquisition of Concho Resources following approval by shareholders of both companies. (Business Wire)
REFINING
China's Refinery Throughput Rises to Record in 2020 - China's refineries posted record throughput in 2020, processing 3% more crude oil than a year ago, as they took advantage of low prices and healthy margins on a quick rebound in domestic fuel demand from the coronavirus pandemic. Annual throughput stood at 674.41 million tonnes in 2020, or about 13.45 million barrels per day (BBL/d), up roughly 410,000 BBL/d from 2019, data from the National Bureau of Statistics showed. (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.
POWER
PSEG on Track to Sell Fossil-Fired Plants by End of Year - Public Service Enterprise Group Incorporated (NYSE:PEG) is on track to sell its fossil-fired plants by the end of the year as it transitions into a mostly regulated utility operator and producer of 100% clean energy, the power company's chief executive said.
CORPORATE
ConocoPhillips Completes Acquisition of Concho Resources - ConocoPhillips (NYSE:COP) announced that it has completed its acquisition of Concho Resources following approval by shareholders of both companies. (Business Wire)
REFINING
China's Refinery Throughput Rises to Record in 2020 - China's refineries posted record throughput in 2020, processing 3% more crude oil than a year ago, as they took advantage of low prices and healthy margins on a quick rebound in domestic fuel demand from the coronavirus pandemic. Annual throughput stood at 674.41 million tonnes in 2020, or about 13.45 million barrels per day (BBL/d), up roughly 410,000 BBL/d from 2019, data from the National Bureau of Statistics showed. (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 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.
