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Shell, Virginia Carbon-Free Legislation: Your Daily Energy News

Scan through a selection of energy-related news highlights that we think will interest our clients.

Released Monday, March 09, 2020

Shell, Virginia Carbon-Free Legislation:  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.

REFINING
Shell to Put Two U.S. Refineries on Market
- Royal Dutch Shell (NYSE:RDS-A) announced that it will put on the market for sale its refineries in Mobile, Alabama, and near Anacortes, Washington. (Plants 1006990, 1012960) (PR Newswire)

POWER
Virginia Passes Bill to Have 100% Carbon-Free Power by 2045
- The Virginia Legislature passed a bill on Friday that puts the state on a path to 100% clean energy by 2045. Virginia Senate Bill 851 requires the state to get all its electricity from carbon-free sources like renewables and nuclear. It still requires a signature from the governor, who has advanced a similar plan through executive order. The legislation also would allow fossil plants to operate if they install carbon capture and storage technologies. (Reuters)

PRODUCTION
U.S. Oil Rig Count Increases
- The number of rigs drilling for oil in the U.S. rose by four for the week ending March 6, to 682. The total active U.S. rig count, meanwhile, also climbed by three to 793, according to Baker Hughes. (Market Watch)

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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.
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