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Released July 21, 2023 | SUGAR LAND
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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
NATURAL GAS
U.S. Sees Smaller-than-Average Natural Gas Storage Injection - The U.S. Energy Information Administration (EIA) said utilities added 41 billion cubic feet (Bcf) of gas into storage during the hotter-than-normal week ended July 14. That compares with a five-year (2018-2022) average increase of 45 Bcf. (Reuters)
PRODUCTION
Sinopec's Natural Gas Production Higher in Year's First Half - Chinese state-owned energy giant Sinopec's natural gas production in the first half of 2023 rose 7.6% from a year before to 666.1 billion cubic feet, according to a filing with the Shanghai Stock Exchange released on Thursday. The company's crude oil production over the same period was broadly flat from last year, extracting a total of 139.7 million barrels over the period. (Reuters)
POWER
Wisconsin Solar Project Stalled for Investigation - Work on a 200-megawatt solar farm in Paris, Wisconsin, is on hold as federal investigators try to determine whether solar panels purchased for the project were made with forced labor. The targeted completion date has now been set for the end of the year as the panels needed to finish the project are sitting in a Chicago-area warehouse, waiting for a review from U.S. Customs and Border Protection to ensure they were not made with forced labor from China. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here for more details on the project. (NPR)
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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).
NATURAL GAS
U.S. Sees Smaller-than-Average Natural Gas Storage Injection - The U.S. Energy Information Administration (EIA) said utilities added 41 billion cubic feet (Bcf) of gas into storage during the hotter-than-normal week ended July 14. That compares with a five-year (2018-2022) average increase of 45 Bcf. (Reuters)
PRODUCTION
Sinopec's Natural Gas Production Higher in Year's First Half - Chinese state-owned energy giant Sinopec's natural gas production in the first half of 2023 rose 7.6% from a year before to 666.1 billion cubic feet, according to a filing with the Shanghai Stock Exchange released on Thursday. The company's crude oil production over the same period was broadly flat from last year, extracting a total of 139.7 million barrels over the period. (Reuters)
POWER
Wisconsin Solar Project Stalled for Investigation - Work on a 200-megawatt solar farm in Paris, Wisconsin, is on hold as federal investigators try to determine whether solar panels purchased for the project were made with forced labor. The targeted completion date has now been set for the end of the year as the panels needed to finish the project are sitting in a Chicago-area warehouse, waiting for a review from U.S. Customs and Border Protection to ensure they were not made with forced labor from China. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here for more details on the project. (NPR)
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).
