Valero, Freeport LNG: 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.

ALTERNATIVE FUELS
Valero Joint Venture Evaluates New Renewable Diesel Plant - Diamond Green Diesel Holdings, a joint venture of Valero Energy (NYSE:VLO) and Darling Ingredients (NYSE:DAR), is evaluating construction of a new plant in Port Arthur, Texas, that would produce 400,000 barrels per day of renewable diesel and 40 million gallons of renewable naphtha per year. (PR Newswire)

PRODUCTION
Baker Hughes: Worldwide Rig Count Down - Baker Hughes reports that the number of worldwide drilling rigs for August 2019 was 2,206, compared with 2,238 in July and 2,278 in August 2018. (Business Wire)

LNG
Freeport LNG Secures Capital for Train 4 Expansion - Freeport LNG reports that it has secured a loan of $1.025 billion in support of its Train 4 expansion efforts at its liquefied natural gas (LNG) production plant on Quintana Island in Texas. (Project 300023059) (PR Newswire)

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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.