Reports related to this article:
Project(s): View 2 related projects in PECWeb
Plant(s): View 2 related plants in PECWeb
Released February 28, 2022 | SUGAR LAND
en
Energy Market highlights gathered by Industrial Info and IIR Energy
PRODUCTION
U.S. Drillers Add Rigs - U.S. energy firms last week added oil and natural gas rigs for an eighth week in a row, with the rig count rising for a record 19th month in a row. The oil and gas rig count rose five to 650 in the week ending February 25, its highest since April 2020, energy services firm Baker Hughes Company (NYSE:BKR) (Houston, Texas) said. U.S. oil rigs rose two to 522 last week, their highest since April 2020, while gas rigs rose three to 127, their highest since December 2019. In February, the total oil and gas rig count rose by 40. (Reuters)
LNG
Venture Global Prepares to Ship First Fuel from Louisiana LNG Plant - A liquefied natural gas (LNG) tanker that has been docked at Venture Global LNG LLC's (Arlington, Virginia) Calcasieu Pass export terminal in Louisiana since early February is nearly loaded, according to gas supply data, and preparing to join a stream of U.S. LNG tankers heading to Europe. The expected departure of the Yiannis comes as demand and prices for LNG have soared. Yiannis is signaling an early March arrival in Dunkirk, France, with a cargo of about 153,900 cubic meters of LNG, Refinitiv vessel tracking data showed. Subscribers to Industrial Info's Oil & Gas Production Project Database can click here for the detailed project report. (Reuters)
CCS
ExxonMobil to Expand CCS at Wyoming Plant - Exxon Mobil Corporation (NYSE:XOM) (Irving, Texas) has made a final investment decision to expand carbon capture and storage (CCS) at its LaBarge, Wyoming, gas processing facility. The expansion project will capture up to 1.2 million metric tons of CO2, in addition to the 6 million to 7 million metric tons captured at LaBarge each year. Subscribers can click here related reports. (BusinessWire)
.....
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), 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.
PRODUCTION
U.S. Drillers Add Rigs - U.S. energy firms last week added oil and natural gas rigs for an eighth week in a row, with the rig count rising for a record 19th month in a row. The oil and gas rig count rose five to 650 in the week ending February 25, its highest since April 2020, energy services firm Baker Hughes Company (NYSE:BKR) (Houston, Texas) said. U.S. oil rigs rose two to 522 last week, their highest since April 2020, while gas rigs rose three to 127, their highest since December 2019. In February, the total oil and gas rig count rose by 40. (Reuters)
LNG
Venture Global Prepares to Ship First Fuel from Louisiana LNG Plant - A liquefied natural gas (LNG) tanker that has been docked at Venture Global LNG LLC's (Arlington, Virginia) Calcasieu Pass export terminal in Louisiana since early February is nearly loaded, according to gas supply data, and preparing to join a stream of U.S. LNG tankers heading to Europe. The expected departure of the Yiannis comes as demand and prices for LNG have soared. Yiannis is signaling an early March arrival in Dunkirk, France, with a cargo of about 153,900 cubic meters of LNG, Refinitiv vessel tracking data showed. Subscribers to Industrial Info's Oil & Gas Production Project Database can click here for the detailed project report. (Reuters)
CCS
ExxonMobil to Expand CCS at Wyoming Plant - Exxon Mobil Corporation (NYSE:XOM) (Irving, Texas) has made a final investment decision to expand carbon capture and storage (CCS) at its LaBarge, Wyoming, gas processing facility. The expansion project will capture up to 1.2 million metric tons of CO2, in addition to the 6 million to 7 million metric tons captured at LaBarge each year. Subscribers can click here related reports. (BusinessWire)
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), 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.
