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Released June 25, 2020 | SUGAR LAND
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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
FINANCIAL
Sempra Divests Chilean Businesses - Sempra Energy (NYSE:SRE) announced that it has completed the sale of its Chilean businesses, generating approximately $2.23 billion in total cash proceeds, subject to post-closing adjustments. (PR Newswire)
LNG
Poland to Expand LNG Terminal - Poland has signed contracts worth 1.9 billion zlotys ($483 million) to expand its liquefied natural gas (LNG) terminal in Swinoujscie on the Baltic Sea to 8.3 billion cubic meters (Bcm) by 2023 from 5 Bcm now in response to increasing domestic demand. (Project 200001935) (Reuters)
CRUDE OIL
U.S. Crude Oil Stockpiles Hit Record for Third Week - U.S. commercial crude oil stocks hit a record high for a third straight week, while gasoline stockpiles fell as demand jumped, the Energy Information Administration said on Wednesday. Crude inventories rose by 1.4 million barrels in the week ending June 19 to 540.7 million barrels, the EIA said. U.S. gasoline stocks fell by 1.7 million barrels. Distillate stockpiles, which include diesel and heating oil, rose by 249,000 barrels in the week. (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.
FINANCIAL
Sempra Divests Chilean Businesses - Sempra Energy (NYSE:SRE) announced that it has completed the sale of its Chilean businesses, generating approximately $2.23 billion in total cash proceeds, subject to post-closing adjustments. (PR Newswire)
LNG
Poland to Expand LNG Terminal - Poland has signed contracts worth 1.9 billion zlotys ($483 million) to expand its liquefied natural gas (LNG) terminal in Swinoujscie on the Baltic Sea to 8.3 billion cubic meters (Bcm) by 2023 from 5 Bcm now in response to increasing domestic demand. (Project 200001935) (Reuters)
CRUDE OIL
U.S. Crude Oil Stockpiles Hit Record for Third Week - U.S. commercial crude oil stocks hit a record high for a third straight week, while gasoline stockpiles fell as demand jumped, the Energy Information Administration said on Wednesday. Crude inventories rose by 1.4 million barrels in the week ending June 19 to 540.7 million barrels, the EIA said. U.S. gasoline stocks fell by 1.7 million barrels. Distillate stockpiles, which include diesel and heating oil, rose by 249,000 barrels in the week. (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.
