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Oil And Gas News / Reports
Offshore Oil & Gas Industry Has Stable Project Pipeline
SUGAR LAND--April 28 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--With the global crude oil market in a supply glut, it may seem counterintuitive that spending money on deepwater or other offshore production infrastructure would be an economically feasible move. Looking at projects being tracked by Industrial Info, the global trend shows a healthy amount under construction, balanced with a similar amount of work in the planning stage. A large portion of the industry is engaged in expanding or maintaining existing production assets, but a lot of new construction is on the books right now and moving forward. Several billion dollars are slated for facility dismantling or decommissioning, but given the age of many pioneering platforms, this is more a natural occurrence than a sign of downturn.

Within this article: Industrial Info's coverage of offshore energy projects.
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Dow Chemical Turns Focus to Incrementals in Wake of Gulf Coast, Saudi Build-Ups
SUGAR LAND--April 28, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--Now that it is wrapping up its big ethylene-related projects on the U.S. Gulf Coast and in Saudi Arabia, Dow Chemical Company (NYSE:DOW) (Midland, Michigan) is turning its attention to incremental chemical projects, company executives said Thursday.

Within this article: Update on the LHC-9 (Texas 9) unit addition. Additional companies: E.I. du Pont de Nemours and Company (NYSE:DD)
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AEP Optimistic About 2017 as it Diversifies from Coal-Fired Power
SUGAR LAND--April 28, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--American Electric Power Company (NYSE:AEP) (AEP) (Columbus, Ohio) executives championed the company's regulated businesses in first-quarter 2017, where they believe stronger investments, particularly in transmission, will help AEP navigate an increasingly difficult terrain for coal-fired power. Higher energy prices and improving economic conditions in some parts of the eastern U.S. were unable to offset the effects of mild weather decreased residential sales at AEP. Industrial Info is tracking more than $2.4 billion in active projects involving AEP.

Within this article: Details on some of AEP's most highly valued active projects, including a pair of coal-to-gas retrofits, new transmission activity, and proposed and ongoing closures at coal-fired power plants.

Companies featured: Babcock & Wilcox (NYSE:BW), General Electric (NYSE:GE), Amec Foster Wheeler (NYSE:AFW)
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Marathon Petroleum Wraps Up Refinery Turnarounds, Prepares for Capital Projects
SUGAR LAND--April 28, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--Marathon Petroleum Corporation (NYSE:MPC) (Findlay, Ohio) recently completed major turnarounds at three Gulf Coast refineries and is ready to take on summer driving season, which officially kicks off next month during Memorial Day Weekend. The company hopes for higher margins in the future to take advantage of new throughput capabilities. Industrial Info is tracking $3.51 billion in projects involving Marathon.
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U.K. Sells Green Investment Bank for £2.3 Billion
GALWAY, IRELAND--April 28, 2017--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Europe's largest renewable energy investor, the Green Investment Bank (GIB), is to be sold to global financial firm, Macquarie Group (ASX:MQG) (Sydney, Australia) for £2.3 billion ($2.95 billion).

Within this article: The sale of the U.K.'s Green Investment Bank, future investment plans and current projects.
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Daily News Energy Headlines from April 27, 2017
We have handpicked and summarized a selection of energy-related news stories that we think will interest clients of Industrial Info and IIR Energy.

Companies featured: Anadarko Petroleum Corporation (NYSE:APC), Marathon Petroleum Corporation (NYSE:MPC), Xcel Energy Incorporated (NYSE:XEL), Union Pacific Corporation (NYSE:UNP)
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Entergy Develops New Power Generation Even as it Exits Merchant Nuclear Market
SUGAR LAND--April 27, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--Entergy Corporation (NYSE: ETR) (New Orleans, Louisiana) is on schedule with its plan to shut down four northern U.S. nuclear power stations in the next few years as it eases out of merchant nuclear generation , but it also continues to develop roughly 3.8 gigawatts in new generation, according to the power provider's latest earnings presentation. Industrial Info is tracking more than $6 billion in project activity involving Entergy.

Within this article: Details of the St. Charles CCGT [combined cycle gas turbine] project in Louisiana. Additional companies: Chicago Bridge & Iron Company N.V. (NYSE:CBI), Exelon Corporation (NYSE:EXC)
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Gulf, Bakken Represent Major Production Increases for Hess
SUGAR LAND--April 27, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--Executives at Hess Corporation (NYSE:HES) (New York, New York) expressed excitement about the prospects of the company's planned production increases from growth projects in the U.S. and abroad. The company is planning increased drilling in the Bakken Shale and is progressing on its massive Stampede oil and gas production platform in the Gulf of Mexico. Industrial Info is tracking $8.25 billion in projects involving Hess.
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U.S. Shale Plays Spark Grassroot Refinery Projects
SUGAR LAND--April 27, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--The term "new grassroot U.S. refinery" is almost an oxymoron. The U.S. hasn't seen a new major petroleum refinery in roughly 40 years. Refineries are expensive to build, and the U.S. already has a well-established refining system. Some of the refineries are downright venerable, having been established over a century ago, but it's still more cost-efficient to upgrade and expand those aging facilities than to build brand new ones.

Within this article: Details of recent U.S. grassroot refinery developments
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Houston, Solar is No Longer a Problem!
SUGAR LAND--April 27, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--Houston, Texas, the energy capital of the world, is leading by example with a power purchase agreement from the recently completed 50-megawatt (MW) SolaireHolman solar project. The newly completed solar farm is now among one of the largest in the state of Texas.
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