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News highlights gathered by Industrial Info and IIR Energy (Sugar Land, Texas) dealing with the energy markets.
ENERGY & INFRASTRUCTURE
U.S. Army Corps Seeks to Fast-Track More Than 600 'Emergency' Projects - The U.S. Army Corps of Engineers has identified more than 600 energy and other infrastructure projects that could be fast-tracked under President Donald Trump's National Energy Emergency declaration, according to data posted on its website. Among the projects on the list were Enbridge Incorporated's (NYSE:ENB) (Calgary, Alberta) Line 5 oil pipeline under Lake Michigan, several natural gas power plants, and liquefied natural gas (LNG) export terminals proposed by Cheniere Energy Incorporated (Houston, Texas) and Venture Global LNG (NYSE:VG) (Arlington, Virginia). (Reuters)
POWER
MDU Resources to Invest in Ørsted North Dakota Windfarm - MDU Resources (NYSE:MDU) (Bismarck, North Dakota) has signed a deal to acquire a 49% stake in the 250-megawatt Badger Windfarm project under construction near Wishek, North Dakota, from a local unit of Ørsted A/S (Fredericia, Denmark). Subscribers to Industrial Info's Global Market Intelligence (GMI) Project Database can learn more by viewing the project report. (Renewables Now)
PRODUCTION
ExxonMobil Plans Large Natural Gas Project in Oil-Dominated Guyana - U.S. oil major Exxon Mobil Corporation (NYSE:XOM) (Spring, Texas) is planning to increase natural gas output and supply in Guyana through a large-scale project announced on Wednesday, following the government's call for more natural gas to fuel onshore power and petrochemical projects. The "Wales Gas Vision," outlined by ExxonMobil's Guyana head, Alistair Routledge, is set to provide natural gas for the production of fertilizers through a US$1 billion pipeline completed last year. The government will take a portion of the gas supplied by ExxonMobil for power generation and natural gas liquids production through its Gas-to-Energy project. The Wales project also requires the building of separate pipelines and an offshore LNG facility. The company did not give a total investment figure for the project. (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 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).
ENERGY & INFRASTRUCTURE
U.S. Army Corps Seeks to Fast-Track More Than 600 'Emergency' Projects - The U.S. Army Corps of Engineers has identified more than 600 energy and other infrastructure projects that could be fast-tracked under President Donald Trump's National Energy Emergency declaration, according to data posted on its website. Among the projects on the list were Enbridge Incorporated's (NYSE:ENB) (Calgary, Alberta) Line 5 oil pipeline under Lake Michigan, several natural gas power plants, and liquefied natural gas (LNG) export terminals proposed by Cheniere Energy Incorporated (Houston, Texas) and Venture Global LNG (NYSE:VG) (Arlington, Virginia). (Reuters)
POWER
MDU Resources to Invest in Ørsted North Dakota Windfarm - MDU Resources (NYSE:MDU) (Bismarck, North Dakota) has signed a deal to acquire a 49% stake in the 250-megawatt Badger Windfarm project under construction near Wishek, North Dakota, from a local unit of Ørsted A/S (Fredericia, Denmark). Subscribers to Industrial Info's Global Market Intelligence (GMI) Project Database can learn more by viewing the project report. (Renewables Now)
PRODUCTION
ExxonMobil Plans Large Natural Gas Project in Oil-Dominated Guyana - U.S. oil major Exxon Mobil Corporation (NYSE:XOM) (Spring, Texas) is planning to increase natural gas output and supply in Guyana through a large-scale project announced on Wednesday, following the government's call for more natural gas to fuel onshore power and petrochemical projects. The "Wales Gas Vision," outlined by ExxonMobil's Guyana head, Alistair Routledge, is set to provide natural gas for the production of fertilizers through a US$1 billion pipeline completed last year. The government will take a portion of the gas supplied by ExxonMobil for power generation and natural gas liquids production through its Gas-to-Energy project. The Wales project also requires the building of separate pipelines and an offshore LNG facility. The company did not give a total investment figure for the project. (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 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).
