Production & Industry news

• Canada's Trans Mountain Pipeline Approval on the Horizon, an Industrial Info Market Brief

  18-06-2019 08:25 via industrialinfo.com
  Canada is expected to approve the Trans Mountain Pipeline Expansion project this week, according to an announcement. The Canadian government purchased the pipeline from Kinder Morgan with the intent of eliminating the bottlenecks that existed by expanding the oil pipeline. The expansion is designed to triple the capacity of oil flowing from Alberta to the west coast of British Columbia. Canada purchased the pipeline from Kinder Morgan for $3.4 billion.
  
  Read more

• TotalEnergies Expects Steady Oil, Gas Output, Despite Selloffs

  17-04-2024 08:55 via industrialinfo.com
  April 17, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Growth in its production of natural gas and liquefied natural gas (LNG) are expected to keep TotalEnergies SE's (NYSE:TTE) hydrocarbon production stable in the first quarter of 2024, despite its selloff last year of assets in the Canadian oil sands. Increasing demand from industries and consumers is expected to benefit its refining and power-generation businesses as well.Industrial Info is tracking more than $3.5 billio
  
  Read more

• First Jones Act-Compliant Offshore Wind Vessel Hits the Water

  17-04-2024 08:55 via industrialinfo.com
  April 17, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--U.S. offshore wind farm developer Dominion Energy (NYSE:D) (Richmond, Virginia) said it put the first Jones Act-compliant turbine installation vessel in the water, representing something of a milestone for the fledging offshore wind-energy sector in the U.S.
  
  Read more

• EIA: U.S. Shale Gas Production to Decline

  17-04-2024 08:50 via industrialinfo.com
  April 17, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--With natural gas prices globally in retreat due in part to warmer weather, U.S. federal estimates point to something of a decline in gas production from the seven primary inland shale basins.Henry Hub, the U.S. benchmark for the price of natural gas, was trading at around $1.70 per million British thermal units (mmBtu) on Tuesday, continuing from a sharp selloff during the prior trading session.
  
  Read more

• Advertisement

• Suffolk Construction Has Hand in $1.9 Billion Worth of Projects

  17-04-2024 08:45 via industrialinfo.com
  April 17, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Since its founding in 1982, Suffolk Construction Company (Boston, Massachusetts) has become one of the leading construction contractors in the U.S. The company's Massachusetts home accounts for much of its project activity; in keeping with Massachusetts' strong pharmaceutical-biotech sector, many of Suffolk's projects are for the life sciences sector, particularly in the Boston area. Industrial Info is tracking $1.9 bil
  
  Read more

• Vale Received 100% of its Electricity in Brazil from Renewable Power in 2023

  17-04-2024 08:30 via industrialinfo.com
  April 17, 2024--Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--Brazil-based miner Vale SA (NYSE:VALE) (Rio de Janeiro) recently reported that all the electricity used in its operations in Brazil last year came from a mix of renewable energy sources, including hydroelectric, wind and solar power. The company said it reached 100% renewable electricity consumption two years ahead of its goal.
  
  Read more

• Germany Advances Major Hydrogen Plan

  17-04-2024 08:11 via industrialinfo.com
  GALWAY, IRELAND--April 17, 2024--Written by Martin Lynch, European News
  Editor for Industrial Info (Galway, Ireland)--Germany's aggressive drive into the growing green hydrogen space continues with the European Commission (EC) approving plans by the government to provide 350 million euro (US$380 million) in state support.
  Within this article: Details funding green light for German hydrogen projects, hydrogen goals, news on the country's hydrogen pipeline network, leading hydrogen producing regio
  
  Read more

• Automotive Industry Drives New Investments in Auto Components

  17-04-2024 07:53 via industrialinfo.com
  NEW DELHI--April 18, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Auto components are the backbone of the ever-expanding global automobile industry and encompasses a wide array of parts that contribute to vehicle functionality, safety and performance. Driven by several factors, the industry is adapting to changing market dynamics and evolving consumer trends, while navigating high vehicle prices and lending challenges due to economic slowdowns.
  
  Read more

• Advertisement

• Data Center Construction Propels Electric Load Growth and Utility Capex

  16-04-2024 08:55 via industrialinfo.com
  April 16, 2024--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Construction of data centers in the U.S. has been growing strongly in recent years, and the growth will escalate even further for the next few years, which is helping drive up electricity demand and capital expenditures (Capex) at electric utilities across the country.This year, about 289 data center projects are scheduled to begin construction across the U.S., according to Industrial Info's Global Marketing
  
  Read more

• Energy Survey Points to U.S. Drilling Downturn

  16-04-2024 08:50 via industrialinfo.com
  April 16, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Respondents to a survey from the Federal Reserve Bank of Kansas City showed drilling activity in its district is expected to decline over the next six months amid a dip in capital expenditures.Just ahead of earnings season, the Fed showed revenues for drillers were stable during the first quarter.
  
  Read more

• U.S. Lithium Sector Primed for Growth

  16-04-2024 08:45 via industrialinfo.com
  April 16, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--U.S. lithium mining may be on the cusp of a growth phase as both Ioneer Limited's (Sydney, New South Wales) and Piedmont Lithium (NASDAQ:PLL) (Bessemer City, North Carolina) secured the approval necessary to proceed with their respective mining operations.
  
  Read more

• Tennessee Sees $21 Billion Worth of Projects Under Construction

  16-04-2024 08:45 via industrialinfo.com
  April 16, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--The Southeastern U.S. has become a leading hub for industrial development in the nation. Among the states leading the charge is Tennessee, which boasts cutting-edge projects in the automotive, power and defense sectors, among others. Industrial Info is tracking nearly $21 billion worth of projects under construction in the state.Companies featured: Ford Motor Company (NYSE:F)
  
  Read more

• U.S. Oil Output, EQT to Sell Assets: Your Daily Energy News

  16-04-2024 08:35 via industrialinfo.com
  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:EQT Corporation (NYSE:EQT), Equinor (NYSE:EQNR)
  
  Read more

• Chile Registered Higher Copper Output in February

  16-04-2024 08:25 via industrialinfo.com
  April 16, 2024--Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--Despite the challenges faced by Codelco (Santiago, Chile), Chile's copper production remained robust in February, demonstrating the country's resilience in maintaining a steady supply.
  
  Read more

• Europe's Industrial Carbon Emissions Fall Record 15.5%

  16-04-2024 08:11 via industrialinfo.com
  GALWAY, IRELAND--April 16, 2024--Written by Martin Lynch, European News
  Editor for Industrial Info (Galway, Ireland)--Industrial carbon dioxide (CO2) emissions regulated under the European Union's emissions trading system (ETS) fell a record 15.5% in 2023.Within this article: Details record drop in EU industrial emissions, key reasons, rise of renewable energy, role of the emissions trading system (ETS)
  
  Read more

• Chile registró mayor producción de cobre en febrero a pesar de las pérdidas de Codelco

  16-04-2024 07:12 via industrialinfo.com
  16 de abril, 2024--Escrito por Amir Richani para Industrial Info Resources (Sugar Land, Texas)--El regulador del cobre de Chile, Cochilco, informó que el país sudamericano registró una producción de 417.100 toneladas métricas de cobre, alrededor de un 9,7% más que durante el mismo período del año pasado. Este es el segundo mes consecutivo en 2024 en el que Chile obtuvo una producción de cobre mayor que el año pasado.
  
  Read more

• LNG Remains Stuck Between a Rock and a Hard Place

  15-04-2024 08:55 via industrialinfo.com
  April 15, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Though U.S. exports of liquefied natural gas (LNG) are down sharply from year-ago levels, the sector should recover in an ever-changing market.There were 22 vessels laden with LNG that left U.S. export terminals between April 4 and April 10, carrying a combined 75 billion cubic feet (Bcf) of product. Over the similar period last year, 26 vessels left U.S. terminals carrying 96 Bcf of product.
  
  Read more

• Gasoline Gets Political, But Voter Memory is Short

  15-04-2024 08:50 via industrialinfo.com
  April 15, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--With seven months to go before the U.S. presidential election, the economy remains a lingering concern, with gasoline prices supporting resilient consumer-level inflation. Recent polling from the Associated Press-NORC Center for Public Affairs show would-be voters are not impressed with either incumbent President Joe Biden or former President Donald Trump, but for varying reasons.Consumer prices were up
  
  Read more

• IIR Tracks More than $1.7 Billion Worth of U.S. Firearms, Ammunition Projects

  15-04-2024 08:45 via industrialinfo.com
  April 15, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. Federal Bureau of Investigation's National Instant Criminal Background Check System (NICS) was introduced in 1998 and has become one means of tracking legal firearm sales in the U.S. According to the National Shooting Sports Foundation (Newton, Connecticut), the NICS showed that slightly less than 15.9 million firearms were sold in the U.S. last year, and that 2020 through 2023 represented the highest years for
  
  Read more

• ExxonMobil FID for Whiptail Development Offshore Guyana Targets 250,000 BBL/d

  15-04-2024 08:45 via industrialinfo.com
  April 15, 2024--Written by Paul Wiseman for Industrial Info Resources (Sugar Land, Texas)--After receiving all the necessary government approvals, Exxon Mobil Corporation (NYSE:XOM) (Spring, Texas) on Friday announced the final investment decision (FID) to move ahead with the $12.7 billion Whiptail development offshore Guyana. It will include up to 10 drill centers involving 48 production and injection wells, said a press release announcing the project.
  
  Read more

• Soybean Surge Sparks Investments

  15-04-2024 08:40 via industrialinfo.com
  NEW DELHI--April 15, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--A rise in global demand for soybean oil has been witnessed in recent years. Obtained from the seed of the soybean plant, the oil is known for containing polyunsaturated fats, and being rich in vitamins E and K.
  
  Read more

• U.S. Coal Exports, Permian Earthquake: Your Daily Energy News

  15-04-2024 08:35 via industrialinfo.com
  We have handpicked and summarized a selection of energy-related news stories that we think will interest clients of Industrial Info and IIR Energy.
  
  Read more

• Chinese-Made EVs Dominating European Market

  15-04-2024 08:11 via industrialinfo.com
  GALWAY, IRELAND--April 15, 2024--Written by Martin Lynch, European News
  Editor for Industrial Info (Galway, Ireland)--Europe is facing a tidal wave of Chinese-made electric vehicle (EV) imports with reports that one in four of all EVs sold in the region this year will be made in China.
  Within this article: Details growing dominance of Chinese-made EVs in Europe, new manufacturing plant projects, projected sales, leading Chinese brands
  
  Read more

• India's Rapid Industrialization Accelerates Flue Gas Desulphurization Installations

  15-04-2024 07:05 via industrialinfo.com
  NEW DELHI--April 15, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Over the past decade, developed regions such as the U.S. and Europe have successfully deployed flue gas desulfurization (FGD systems to control emissions of sulfur dioxide (SO2), a highly toxic gas responsible for severe environmental damage and several health issues. Now, with India ramping up its industrial activities, the region is also intensifying its efforts to install FGD systems to curb SO2 emissions.
  
  Read more

• Enterprise Cleared for Major U.S. Oil Export Terminal

  12-04-2024 08:55 via industrialinfo.com
  April 12, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Amid protest from environmental advocates, midstream-focused Enterprise Products Partners LP (NYSE:EPD) (Houston, Texas) said it finally has the greenlight to move forward with plans for what could be the largest oil export terminal along the U.S. Gulf Coast.Enterprise received a license from the U.S. Maritime Administration for its Sea Port Oil Terminal (SPOT), an offshore facility that would be capable
  
  Read more

• U.S. Plastic, Rubber Product-Makers Expand Amid Rising Demand

  12-04-2024 08:50 via industrialinfo.com
  April 12, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. market for plastic and rubber products never stops growing, particularly in booming industrial sectors like lithium-ion battery manufacturing, construction products, and automotive and medical materials.Industrial Info is tracking about $1.3 billion worth of projects in the plastic and rubber product-manufacturing sector that are set to begin construction through the end of June, more than half of which is attr
  
  Read more

• Indiana Home to $28 Billion in Manufacturing Projects

  12-04-2024 08:50 via industrialinfo.com
  April 12, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--SK Hynix (Seoul, South Korea) recently said it plans to build a high-dollar semiconductor plant in Indiana, where Industrial Info is tracking $28 billion worth of active and planned Industrial Manufacturing Industry projects. About $13 billion of the spend is attributed to automotive projects, with most of the spend linked to the production of electric vehicle (EV) batteries.
  
  Read more

• Coal Takes Its Lumps as Solar Energy Changes the Landscape for ERCOT in Texas

  12-04-2024 08:50 via industrialinfo.com
  April 12, 2024--Written by Paul Wiseman for Industrial Info Resources (Sugar Land, Texas)--It's not just the stars at night that are big and bright deep in the heart of Texas. The sun also shines brightly, with an increasing number of solar facilities turning that sunlight into significant energy for the Lone Star State's residents.Wind power still tops the state's renewable energy generation, said the U.S. Energy Information Administration (EIA), but solar grew by leaps and bounds in 2023 vs. 2
  
  Read more

• Will Federal Appeals Court Ruling Boost EV Sales?

  12-04-2024 08:45 via industrialinfo.com
  April 12, 2024--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--In a ruling that could boost electric vehicle (EV) sales and influence the presidential election, a panel of three federal appeals court judges on April 9 restored California's ability to set vehicle tailpipe emissions standards that were stricter than the federal government's standards. Seventeen states and the District of Columbia have adopted vehicle tailpipe emission standards that mirror, to some degree,
  
  Read more

• West Virginia Approves Solar Farm at Former Strip-Mining Site

  12-04-2024 08:35 via industrialinfo.com
  April 12, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Earlier this week, the Public Service Commissions (PSC) of West Virginia approved the construction of a solar plant with battery storage that will be built on a site formerly used for strip mining. West Virginia is home to several other solar energy developments, and the company responsible for the newly approved plant, Energix US LLC (Arlington, Virginia), has several other active solar projects located in the Mid-Atla
  
  Read more

Follow @ProductIndustry on Twitter!