Southern Company, EQM Midstream: 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
Alabama Power to Expand Natural Gas Footprint - Alabama regulators have approved Southern Company (NYSE:SO) subsidiary Alabama Power's $1.1 billion natural gas expansion plan to boost system reliability. The approval to expand electricity production by 2 gigawatts by expanding natural gas use came from the Alabama Public Service Commission. Alabama Power has said it wants to expand its total power production by 19% to prevent winter outages. (Kallanish Energy)

PRODUCTION
U.S. Rig Count Hits Record Low for Sixth Week - The U.S. oil and gas rig count fell by five to an all-time low of 279 in the week ending June 12, marking the sixth consecutive week of a record-low count. (Reuters)

PIPELINES
EQM Pushes Back Completion Date of Mountain Valley Natural Gas Pipeline - EQM Midstream Partners LP (NYSE:EQM) delayed the expected completion of its Mountain Valley natural gas pipeline from West Virginia to Virginia to early 2021 and said it could boost the $5.4 billion project's cost by 5% to around $5.7 billion. When EQM started construction in February 2018, it estimated Mountain Valley would cost about $3.5 billion and be completed by the end of 2018. (Projects 300183147, 300393622) (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.