Production & Industry news

• China Aims to Lower Costs for Wind, Solar Energy, an Industrial Info Market Brief

  15-04-2019 08:10 via industrialinfo.com
  The National Energy Administration of China (NEA) recently announced a policy to promote the development of wind and solar power more cost-effectively.
  
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• Largest Australian Battery Storage Project Clears Key Hurdle

  19-04-2024 09:53 via industrialinfo.com
  GALWAY, IRELAND--April 19, 2024--Written by Martin Lynch, European News
  Editor for Industrial Info (Galway, Ireland)--The largest planned battery energy storage project in Australia has been given the green light by the country's market operator.
  Within this article: Details major progress for Australia's largest grid-scale battery energy storage system (BESS) project, Waratah Super Battery, capacity, location, investment, partners, BESS sector
  
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• Kinder Morgan Targets Gulf Coast, Tennessee Gas Lines for Growth

  19-04-2024 08:55 via industrialinfo.com
  April 19, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Kinder Morgan Incorporated (NYSE:KMI) (Houston, Texas), which handles about 40% of U.S. natural gas throughput, expects the rising demand for liquefied natural gas (LNG) and data-driven technology, such as AI, will result in enormous growth in the natural gas midstream sector in the coming years. The company is developing and overhauling systems in some of the nation's biggest energy hotspots, including the Gulf Coast.I
  
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• Equinor Ends U.S. Onshore Operatorship with EQT Asset Swap

  19-04-2024 08:50 via industrialinfo.com
  April 19, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Norwegian energy company Equinor (NYSE:EQNR) (Stavanger) said it has completed its exit from controlling stakes in U.S. inland reserves following an asset swap with EQT Corporation (NYSE:EQT) (Pittsburgh, Pennsylvania) in the Appalachian shale natural gas basin.
  
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• SunZia Transmission Line Gets Green Light from Judge

  19-04-2024 08:45 via industrialinfo.com
  April 19, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)-- Pattern Energy (San Francisco, California) had reason to celebrate earlier this week when a U.S. district judge in Arizona rejected a request from Native American tribes and environmental groups for an injunction or restraining order against construction of the SunZia power transmission line, a planned, 550-mile line in New Mexico and Arizona that will deliver thousands of megawatts of renewable energy to Arizona and C
  
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• EIA: U.S. Hydropower to Increase by 6% in 2024

  19-04-2024 08:40 via industrialinfo.com
  April 19, 2024--Written by Paul Wiseman for Industrial Info Resources (Sugar Land, Texas)--Like many renewable energy sources, hydropower relies on the weather for its source. In this case, it's rain. Due to dry conditions across much of the nation last year, hydropower levels dropped to their lowest levels since 2001. California's torrential rains led to that state being the notable exception.
  
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• Shell, Santos, Freeport LNG: Your Daily Energy News

  19-04-2024 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:Shell plc (NYSE:SHEL)
  
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• BP Brings New Remote-Controlled Platform Online in Azerbaijan

  19-04-2024 08:25 via industrialinfo.com
  April 19, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--BP plc (NYSE:BP) (London, England) said it started operations at the seventh offshore platform in the mega Azeri-Chirag-Gunashli oil and gas complex off the coast of Azerbaijan, the first to be controlled from onshore.
  
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• India Houses Lofty Wind Power Goals

  19-04-2024 07:55 via industrialinfo.com
  April 19, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--India's National Electricity Plan sets ambitious renewable energy targets, estimating installed wind capacity to hit about 73 gigawatts (GW) by 2026-2027 and an impressive 122 GW by 2031-2032. To support these targets, the central government has empowered public sector undertakings to oversee auctions for wind and other renewable projects. Industrial Info is tracking more than 120 active wind power projects in India, wi
  
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• CCUS Market Drives Significant Investments in CO2 Pipelines

  19-04-2024 07:45 via industrialinfo.com
  NEW DELHI--April 19, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--As industries all over the world ramp up their efforts to decarbonize and achieve net-zero carbon emissions by 2050, carbon-capture, utilization and storage (CCUS) technology continues to attract significant investments. This, in turn, is prompting further investments in the development of CO2 pipeline infrastructure for its transportation.
  
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• Siemens Unveils Ambitious Plan to Add 14.4 GW of Thermal Capacity in Iraq

  19-04-2024 07:04 via industrialinfo.com
  NEW DELHI--April 19, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Siemens AG (Munich, Germany) has proposed a plan to establish three mega power-generation facilities in Iraq, each boasting a capacity of 4.8 gigawatts (GW), amounting to 14.4 GW of capacity. This initiative is a key component of Iraq's strategic vision to achieve a substantial transformation towards self-sufficiency in the next three to five years by addressing the current deficit in its electricity sector.I
  
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• Rio Tinto Updates Progress on Copper, Aluminum, Iron Ore Projects

  18-04-2024 08:50 via industrialinfo.com
  April 18, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Global mining giant Rio Tinto (NYSE:RIO) (London, England) on Tuesday released its latest production results and updated progress on its growth and development efforts. Industrial Info is tracking $20.6 billion worth of projects from Rio Tinto across the globe.
  
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• Canada's Industrial Manufacturers Prep for $3 Billion in Kickoffs

  18-04-2024 08:50 via industrialinfo.com
  April 18, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Canada's hard turn toward renewable-energy technology is evident in the second-quarter project kickoffs planned across its Industrial Manufacturing Industry. Greener priorities in the automotive, power-generation and household goods markets are informing the high-value capital investments that are almost entirely located within 100 miles of the U.S. border.Industrial Info is tracking more than US$3.2 billion worth of pr
  
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• U.S. Aircraft Projects Bring Billions in Spending

  18-04-2024 08:45 via industrialinfo.com
  April 18, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Aircraft have come a long way since the Wright Brothers' first 12-second flight in 1903, and today, airplanes and jets for both military and commercial purposes dominate the skies. Industrial Info is tracking more than $6 billion worth of U.S. projects involving the manufacture and repair of aircraft and their parts.Companies featured: Lockheed Martin Corporation (NYSE:LMT) and The BoeingCompany (NYSE:BA)
  
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• Alberta Pipeline Rupture Triggers Wildfire

  18-04-2024 08:45 via industrialinfo.com
  April 18, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--A wildfire broke out in Alberta as a result of a breach of a 36-inch natural gas pipeline controlled by TC Energy (NYSE:TRP) (Calgary, Alberta), the Canadian government said, but has since been brought under control.
  
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• U.S. Crude Oil Supplies, Renewed Venezuela Sanctions: Your Daily Energy News

  18-04-2024 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.
  
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• Automotive Industry Drives New Investments in Components

  18-04-2024 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.
  
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• South Korea's OCI to Produce Monosilane (SiH4)

  18-04-2024 07:40 via industrialinfo.com
  SEOUL, SOUTH KOREA--April 18, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--OCI Company Limited (Seoul, South Korea) is developing a pair of monosilane (SiH4) unit additions at its chemicals complex in Gunsan South Korea. SiH4 has a wide variety of uses, including as a water repellant and an ingredient in battery energy-storage systems (BESS).
  
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• Lhyfe Expands German Hydrogen-Production Footprint

  18-04-2024 07:36 via industrialinfo.com
  NEW DELHI--April 18, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Lhyfe (Nantes, France), a pioneering force in the green and sustainable hydrogen production sector in Europe, is investing $1.31 billion toestablish multiple Power-to-X plants with a combined capacity of nearly 900 megawatts (MW) in Germany.
  
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• More Oil Found in Norwegian Water of North Sea

  18-04-2024 07:23 via industrialinfo.com
  April 18, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Norwegian energy company Var Energi (Stavanger) made a discovery in the nation's territorial waters of the North Sea, its first for exploration wells awarded in 2018.
  
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• 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
  
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• 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.
  
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• 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.
  
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• 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
  
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• 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.
  
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• 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
  
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• 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.
  
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• 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
  
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• 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.
  
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• 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.
  
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