Production & Industry news

• Wind, Solar Capacity Grew 16% in 2024 in 'Disorderly' Energy Transition

  08-07-2025 08:55 via industrialinfo.com
  
  July 8, 2025--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Worldwide primary energy use rose 2% in 2024, according to the recently released "Statistical Review of World Energy," published by the Energy Institute (EI) (London, England) and consultants Kearney (Chicago, Illinois) and KPMG (London). Last year's electricity demand growth was double that, at 4%, confirming other analysts' views that the world is entering an era of electrification. But on a combined basis, w
  
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• U.S. Surpasses Russia as Gas Supplier to EU

  08-07-2025 08:50 via industrialinfo.com
  
  July 8, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--The European Commission reported Friday it has made strides in achieving energy diversity, with the United States overtaking Russia as the European Union's (EU) second-largest natural gas supplier during first-quarter 2025. Norway was the largest supplier.
  
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• Canada's Carney Sees New Oil Pipeline as Likely

  08-07-2025 08:45 via industrialinfo.com
  
  July 8, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Looking to expand trade options outside North America, Canada's prime minister said a new crude oil pipeline would likely make the list of national-priority projects.Canadian Prime Minister Mark Carney said in an interview with The Calgary Herald, published Sunday, that his administration was supportive of new arteries to ports along the west coast of Canada.
  
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• OPEC+ Production Increase, Alberta Windfarm: Your Daily Energy News

  08-07-2025 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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• U.K. Bioethanol Sector Facing Collapse

  08-07-2025 08:11 via industrialinfo.com
  
  GALWAY, IRELAND--July 8, 2025--Written by Martin Lynch, European News
  Editor for Industrial Info (Galway, Ireland)--The U.K. 's only two bioethanol plants are facing closure unless the government provides urgent financial aid.
  Within this article: Details crisis facing U.K. bioethanol market as leading companies threaten plant closures over U.K./U.S. tariff deal, reasons, impact, current state
  
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• India Surpasses 60 GW in Renewable Power Sale Agreements

  08-07-2025 07:40 via industrialinfo.com
  
  July 8, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--India has crossed a major clean energy benchmark with 60 gigawatts (GW) of renewable power sale agreements (PSAs) executed, signaling strong momentum toward its 500-GW renewable energy target by 2030 and net-zero emissions by 2070. These PSAs, facilitated largely by Solar Energy Corporation of India (New Delhi, India), ensure power offtake security, a crucial step in accelerating green energy deployment.
  
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• France Cuts Nuclear Output Amid Rising River Temperatures

  08-07-2025 07:13 via industrialinfo.com
  
  NEW DELHI--July 8, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--French utility Électricité de France (EDF) (Paris) has temporarily shut down Reactor No. 1 at the Golfech nuclear power plant in southwestern France due to elevated temperatures in the Garonne River, which provides cooling water for the facility.
  
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• IIR's July 7 Market Scorecard Brings You Breaking Geopolitical News

  07-07-2025 20:10 via industrialinfo.com
  
  July 7, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--Stay current with the latest geopolitical events, and more importantly, instantly connect to how these events may impact you and your business strategies.
  
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• Join Industrial Info for a Podcast on the Global Pharma-Biotech Industry

  07-07-2025 08:56 via industrialinfo.com
  
  July 7, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info is pleased to be presenting a complimentary podcast on the spending outlook for the global Pharmaceutical-Biotech Industry on Friday, July 11, at 3 p.m. CDT (4 p.m. EDT). Join Annette Kreuger, vice president of research for the Pharma-Biotech Industry, as she discusses what's happening in this dynamic sector and what to expect in the coming years.
  
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• IIR Midyear Outlook: U.S. Refinery Sector in Healthy Condition

  07-07-2025 08:55 via industrialinfo.com
  
  July 7, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--As California energy leaders mull rules on refineries, the rest of the nation is retooling, though the balance between processing capacity and domestic needs is adequate, IIR Energy found.
  
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• Dominion Receives Approval to Operate V.C. Summer Nuclear Plant Through 2062

  07-07-2025 08:50 via industrialinfo.com
  
  July 7, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--Dominion Energy Incorporated (Richmond, Virginia) received approval from the U.S. Nuclear Regulatory Commission (NRC) (Rockville, Maryland) to operate its 977-megawatt (MW) Virgil C. Summer Nuclear Power Station in South Carolina through 2062.
  
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• Energy Institute: Global Gas Use and Production Set Records in 2024

  07-07-2025 08:45 via industrialinfo.com
  
  July 7, 2025--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Worldwide gas use set another record in 2024, according to the Energy Institute's (EI) (London, England) latest "Statistical Review of World Energy," growing 2.5%, about 101 billion cubic meters (Bcm), to approximately 4,128 Bcm, or roughly 146 trillion cubic feet (Tcf). Last year, the U.S. was the world's largest consumer of gas, at 902 Bcm, or approximately 32 Tcf, a 1.3% gain over 2023's usage. The next larg
  
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• Trump Signs Massive Budget, Tax Cut Bill

  07-07-2025 08:40 via industrialinfo.com
  
  July 7, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--President Donald Trump on Friday signed the "One Big Beautiful Bill."
  
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• Energy-Sector Mood Sours, Dallas Fed Finds

  07-07-2025 08:40 via industrialinfo.com
  
  July 7, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--A majority of the executives surveyed by the Federal Reserve Bank of Dallas said they expected to see production declines amid a lower-for-longer price outlook.West Texas Intermediate (WTI), the U.S. benchmark for the price of crude oil, was trading at around $67 per barrel early Thursday, ahead of the long holiday weekend. Prices have enjoyed something of a premium lately, riding geopolitical risk during
  
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• Maintenance Curbed U.S. LNG Activity in June

  07-07-2025 08:35 via industrialinfo.com
  
  July 7, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--While still the world leader in natural gas production, and despite a rush of new agreements, the U.S. liquefied natural gas (LNG) sector was hobbled by maintenance in June, with plants performing below peak capacity.
  
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• Golden Pass LNG, U.S. Ethane Exports, Declining Rig Count: Your Daily Energy News

  07-07-2025 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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• $2 Billion Fram Sør Project to Help Secure Europe's Oil & Gas

  07-07-2025 08:11 via industrialinfo.com
  
  GALWAY, IRELAND--July 7, 2025--Written by Martin Lynch, European News
  Editor for Industrial Info (Galway, Ireland)--Norwegian oil and gas major Equinor (NYSE:EQNR) (Stavanger, Norway) is set to invest NOK 21 billion (US$2.1 billion) in a new subsea development in the northern part of the North Sea that will help secure Europe's oil and gas supplies.
  Within this article: Details planned investment in the Fram Sør oil and gas project in the North Sea, partners, timeline, capacity
  
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• As Iran and Israel Broaden their War, IEA Sees Global Oversupply of Oil to 2030

  17-06-2025 10:01 via industrialinfo.com
  June 17, 2025--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Timing, goes the old saying, is everything. As the Iran-Israel war expands to include attacks on each countries' oil infrastructure, the International Energy Agency (IEA) (Paris, France) issued its annual report on global oil production and consumption, refining and prices to 2030.Finalized last week as the two Middle Eastern foes began ratcheting up their hostilities, the agency forecast that global demand wi
  
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• Trump Approves Nippon Steel-U.S. Steel Deal

  17-06-2025 08:50 via industrialinfo.com
  June 17, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--U.S. President Donald Trump has cleared the way for Japan-based Nippon Steel Corporation (Tokyo) to acquire United States Steel Corporation (NYSE:X) (U.S. Steel) (Pittsburgh, Pennsylvania) in what Trump called a partnership between the two companies that will lead to billions of dollars in new investments in U.S. Steel. However, the full terms of the deal remained unclear.
  
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• TotalEnergies Takes Slice of Chevron's U.S. Offshore Pie

  17-06-2025 08:45 via industrialinfo.com
  June 17, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Though the U.S. may be at odds politically with its European allies, French major TotalEnergies (Courbevoie, France) said it was establishing a new offshore partnership by buying into Chevron Corporation's (Houston, Texas) offshore assets in the Gulf of Mexico.U.S. President Donald Trump upended widespread bilateral relations on his return to the White House by questioning NATO doctrines and disrupting gl
  
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• Oklahoma Sees $2.75 Billion Worth of Projects Under Construction

  17-06-2025 08:40 via industrialinfo.com
  June 17, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info is tracking $2.75 billion worth of industrial projects that are presently underway in Oklahoma. While a windfarm and natural gas liquids (NGLs) complex represent the two largest projects, developers in the state are branching into other areas, including the lithium-ion battery sector.
  
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• As G7 Starts, Alberta Says it's a Global Energy Player

  17-06-2025 08:40 via industrialinfo.com
  June 17, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--With global leaders descending on Calgary for the meeting of the G7, provincial leaders in Alberta said they would showcase investment opportunities in the province's energy market.It's been a busy June in Canada, with emergency responders dealing with wildfires in the Canadian Rockies, while Calgary last week played host to a major energy conference that placed OPEC Secretary General Haitham al-Ghais as
  
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• EU to Support 13 Critical Minerals Projects

  17-06-2025 08:11 via industrialinfo.com
  GALWAY, IRELAND--June 17, 2025--Written by Martin Lynch, European News
  Editor for Industrial Info (Galway, Ireland)--The European Union's (EU's) drive to diversify its supplies of critical materials away from China and Russia has advanced with 13 strategic projects around the globe, including one in Greenland, being chosen for financial support.
  Within this article: Details 13 non-EU critical materials projects to receive EU funding, reasons, current state of critical minerals sector in Europe a
  
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• IIR's June 16 Market Scorecard Brings You Breaking Geopolitical News

  16-06-2025 18:20 via industrialinfo.com
  June 16, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--Stay current with the latest geopolitical events, and more importantly, instantly connect to how these events may impact you and your business strategies.
  
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• Our In-Person North American Mid-Year Market Outlook is This Week!

  16-06-2025 08:56 via industrialinfo.com
  June 16, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info is pleased to be presenting our popular in-person North American Mid-Year Market Outlook on Wednesday, June 18, at the Sugar Land Marriott Hotel in Sugar Land, Texas, near Industrial Info's global headquarters. Check-in and registration will begin at 3 p.m., followed by the start the presentations at 4 p.m. In addition, earlier in the day, our team will be providing training workshops showcasing IIR's ana
  
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• For Better or Worse, U.S. LNG Deals Keep Coming

  16-06-2025 08:50 via industrialinfo.com
  June 16, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--While the World Bank frets over the price premium coming from U.S. LNG exports, more work is slated for expansion projects as Japan signs on to long-term supplies.The World Bank in a biannual report on energy markets said it expects a notable increase in the price of natural gas this year, due largely to price increases in the U.S. market. A mild-weather approach to summer and adequate storage is keeping
  
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• Duke Unrolls Plans for 1,400-MW Gas-Fired Plant

  16-06-2025 08:50 via industrialinfo.com
  June 16, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--Last week, Duke Energy Corporation (Charlotte, North Carolina) announced that it plans to submit an application to the Public Service Commission of South Carolina (PSCSC) to build a grassroot 1,400-megawatt (MW) natural gas-fired power plant in the state. The submission will mark Duke's first application for a power plant in South Carolina in more than a decade.The plant is planned for a 200-acre site in Anderson County,
  
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• 'Substantial' Untapped Reserves Left in Niobrara Shale

  13-06-2025 08:55 via industrialinfo.com
  
  June 13, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--There is a "substantial" amount of undiscovered oil and gas resources in the Niobrara shale formation spread out over three western states, the U.S. government said Wednesday.
  
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• Retail, Beverages Drive U.S. Warehousing, Distribution Growth

  13-06-2025 08:55 via industrialinfo.com
  
  June 13, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--As the threat of tariffs roils the retail and industrial markets, companies are eyeing their customer bases carefully to find the most cost-effective places to develop storage and distribution capacity.Industrial Info is tracking nearly $2 billion worth of capital-spending projects in the U.S.-based warehousing and distribution sector that are set to begin construction in the third quarter, about 40% of which is attribut
  
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• Canadian Oil Exports Bolstered by Trans Mountain

  13-06-2025 08:50 via industrialinfo.com
  
  June 13, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Canada estimates total crude oil exports increased year-over-year in 2024, with much of that coming from the expansion of the Trans Mountain Pipeline to British Colombia.Supported by the vast deposits of the more viscous form of crude oil (dubbed "oil sands") in Alberta, Canada is among the top oil producers in the world. The government reported that exports last year averaged 4.2 million barrels per day
  
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• After Little Addition Last Year, U.S. Natural Gas Power Begins Making Comeback

  13-06-2025 08:45 via industrialinfo.com
  
  June 13, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--Despite the addition of only one 98-megawatt (MW) natural gas-fired combined-cycle turbine in the U.S. last year at a liquefied natural gas plant, the U.S. Energy Information Administration (EIA) notes that 1.6 gigawatts (GW) of combined-cycle capacity is planned to come online in the U.S. this year, and this could rise through 2028.In a monthly survey, the EIA said Wednesday it found that developers are planning to add
  
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• La producción del presal brasileño alcanza un nuevo récord

  13-06-2025 07:26 via industrialinfo.com
  
  13 de Junio, 2025--Escrito por Amir Richani para Industrial Info Resources (Sugar Land, Texas)--La producción del presal brasileño alcanzó 3,7 millones de barriles equivalentes de petróleo por día (boed) en abril, aproximadamente un 18,3 % más que en el mismo período del año anterior, estableciendo un nuevo récord para el país.
  
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• Our In-Person North American Mid-Year Market Outlook is Less Than a Week Away!

  12-06-2025 08:56 via industrialinfo.com
  June 12, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info is pleased to be presenting our popular in-person North American Mid-Year Market Outlook on Wednesday, June 18, at the Sugar Land Marriott Hotel in Sugar Land, Texas, near Industrial Info's global headquarters. Check-in and registration will begin at 3 p.m., followed by the start the presentations at 4 p.m. In addition, earlier in the day, our team will be providing training workshops showcasing IIR's lab
  
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• EPA Would Axe Regulation of Power Plant Emissions of Greenhouse Gases, Air Toxics

  12-06-2025 08:55 via industrialinfo.com
  June 12, 2025--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--The U.S. Environmental Protection Agency (EPA) on Wednesday proposed to repeal two major federal rules limiting power plant emissions: one limiting greenhouse gas (GHG) emissions, mainly carbon dioxide (CO2), and the other reducing emissions of mercury, acid gases and other hazardous air pollutants.
  
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• U.S. Home to $5.3 Billion in Fabricated Metal Projects Under Construction

  12-06-2025 08:50 via industrialinfo.com
  June 12, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--Fabricated metal products, such as power cables and automotive and construction materials, play a role in our everyday lives, and U.S. producers are building out their capacities. Industrial Info is tracking $5.3 billion worth of projects in the U.S. fabricated-metal product sector that are under construction.
  
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• EPA Backs Texas Primacy in Permitting Carbon Injection Wells

  12-06-2025 08:50 via industrialinfo.com
  June 12, 2025--Written by Paul Wiseman for Industrial Info Resources (Sugar Land, Texas--This week the Environmental Protection Agency (EPA) announced its approval of Texas' bid to be granted primacy in approving Class VI carbon injection wells in the state under the Safe Drinking Water Act (SDWA). Before final approval the EPA will host a virtual public hearing on July 24 from 5-8 p.m. CDT.
  
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• U.S. Auto Industry Preps Maintenance Amid Tariff Shake-Ups

  11-06-2025 08:55 via industrialinfo.com
  
  June 11, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. automotive sector is struggling to navigate a global trade landscape that is constantly shifting, with many importers delaying shipments of foreign-made vehicles and parts until the picture is clearer. Domestic manufacturers--including those based overseas--are tuning up their U.S. facilities as customers rely more on their products.Industrial Info is tracking more than 240 maintenance-related projects at U.S. a
  
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• U.S. Solar Company Sunnova Files for Bankruptcy

  11-06-2025 08:45 via industrialinfo.com
  
  June 11, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Ostensibly to support shareholder value, U.S. rooftop-solar energy company Sunnova (Houston, Texas) announced it was filing for bankruptcy.
  
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• Contract Cancellation Spells End for 1.5-GW Atlantic Shores 1 Offshore Windfarm

  11-06-2025 08:45 via industrialinfo.com
  
  June 11, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--The Trump administration can declare a victory in its war against U.S. offshore wind power as Shell New Energies and EDF Renewables (Nanterre, France) have petitioned to cancel the contract to provide renewable energy from the proposed Atlantic Shores 1 offshore wind project to New Jersey.
  
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• IEA Sees Biogas Market Share Rising Exponentially by 2050

  11-06-2025 08:40 via industrialinfo.com
  
  June 11, 2025--Written by Paul Wiseman for Industrial Info Resources (Sugar Land, Texas)--Biofuels--renewable substitutes or blend-ins for natural gas and diesel--account for only about 1% of fuel use worldwide now, and only 3% of the production of all renewable fuels. An exception is California, where renewable diesel accounted for 65% of diesel fuel use in fourth-quarter 2024, according to the U.S. Energy Information Administration (EIA).But the production and consumption of biogases are poise
  
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• Alberta Highlighted in Global Energy Conference

  11-06-2025 08:40 via industrialinfo.com
  
  June 11, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Leaders in Alberta are outlining talking points that trumpet the oil-rich province as a player on the international stage amid geopolitical tensions in North America.It's been a busy week for Alberta. First responders were working to tackle wildfires that have consumed some 600,000 hectares of provincial land this season so far, while political leaders were preparing to host delegates from the G7 advanced
  
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• Record U.S. Power Demand, Renewables as 'Bridge Fuel,' China Coal Imports: Your Daily Energy News

  11-06-2025 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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• Petroperu Retakes Oil Pipeline Pump Station After 61 Days

  11-06-2025 08:20 via industrialinfo.com
  
  June 11, 2025--Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--Petroperu (Lima, Peru), Peru's state energy company, retook control over Pump Station 5 of the Oleoducto Norperuano oil pipeline (ONP) in the Datem del Maranon Province in the Loreto Region after 61 days. The asset had been taken over by dozens of individuals from local communities since April as part of local protests. The company has yet to restart operations at the station.
  
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• Europe Lists Carbon Storage Targets for 44 Oil & Gas Companies

  11-06-2025 08:11 via industrialinfo.com
  
  GALWAY, IRELAND--May 1, 2025--Written by Martin Lynch, European News
  Editor for Industrial Info (Galway, Ireland)--The European Commission (EC) has named 44 oil and gas companies it expects to contribute heavily to its goal of storing at least 50 million tonnes of CO2 per year by 2030.
  Within this article: Details the CO2 storage targets for Europe's key oil and gas companies as outline by the European Commission (EC), capacities, timeline, overall CO2 capture targets
  
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• U.S. Auto Component Manufacturing Brings $8 Billion in Capital Spending

  10-06-2025 08:56 via industrialinfo.com
  June 10, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info is tracking $8 billion worth of capital-spending projects in the U.S. that are geared toward manufacturing automotive components, which comes as tariffs loom over the automotive sector.
  
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• Keyera, AltaGas to Expand Canada's Energy Exports to Asia

  10-06-2025 08:55 via industrialinfo.com
  June 10, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--Keyera Corporation (Calgary, Alberta) reached an agreement with AltaGas Limited (Calgary) to export 25,000 barrels per day (BBL/d) of natural gas liquids (NGL) via AltaGas' export facilities on Canada's western coast, starting in 2028. This week's deal doubles a 12,500-BBL/d agreement announced in February and diversifies Keyera's market access for its liquefied petroleum gas (LPG) products, including to premium Asian ma
  
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• U.S. Gulf Oil Production to Increase, But Just Barely

  10-06-2025 08:45 via industrialinfo.com
  June 10, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--As with production from the inland shale basins, the U.S. government expects only incremental gains in oil production from the federal waters of the Gulf of Mexico (designated the Gulf of America by the Trump administration).The U.S. Energy Information Administration (EIA), the statistical arm of the U.S. Department of Energy, expects total Gulf oil production to account for about 13% of the nation's tota
  
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• Holtec Picks U.K. Site for Small Nuclear Reactor Plant

  10-06-2025 08:45 via industrialinfo.com
  GALWAY, IRELAND--June 10, 2025--Written by Martin Lynch, European News
  Editor for Industrial Info (Galway, Ireland)--Holtec International (Jupiter, Florida) has chosen a site in the U.K. for its first European small nuclear reactor factory.
  Within this article: Details choice of site for Holtec's U.K. small nuclear reactor (SMR) plant, investment, aims, technology, competition, related projects
  
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• Wildfires, G7 Make for Busy Canadian Week

  10-06-2025 08:40 via industrialinfo.com
  June 10, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--As the Canadian military steps in to help with wildfire evacuations, the nation's central bank opted to keep its lending rates static amid U.S. tariff concerns.Alberta this week plays host to a handful of energy summits as well as the annual meeting of the G7 group of advanced economies this weekend. Speaking ahead of the meeting, Canadian Prime Minister Mark Carney said that, as host, his country will wo
  
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• IIR's June 9 Market Scorecard Brings You Breaking Geopolitical News

  09-06-2025 20:00 via industrialinfo.com
  June 9, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--Stay current with the latest geopolitical events, and more importantly, instantly connect to how these events may impact you and your business strategies.
  
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