Production & Industry news

• Targa Piles on Gas-Processing Capacity in Permian, Gulf Coast

  06-11-2023 08:55
  November 6, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--Targa Resources Corporation (NYSE:TRGP) (Houston, Texas) reported a 23% jump in natural gas liquids (NGL) production across all its operating regions in the third quarter, with related processing volumes bolstered by its full acquisition of the Grand Prix NGL pipeline earlier this year. Grand Prix delivers NGL to processing facilities from the Permian Basin, where one executive said Targa's "volumes are going to conti
  
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• ISM: U.S. Manufacturing Activity Plunges in October

  06-11-2023 08:50
  November 6, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--U.S. manufacturing activity contracted sharply in October after showing improvement in September and August, according to a survey report by the Institute for Supply Management (ISM), as demand took a hit. Still, Industrial Info's Global Market Intelligence (GMI) Project Database shows project activity in the Industrial Manufacturing Industry remains robust.
  
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• Panamanian Legislators Avoid Revoking First Quantum's Cobre Panama Contract

  06-11-2023 08:30
  November 6, 2023--Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--The National Assembly of Panama on Friday approved a moratorium on new metal mining concessions but stopped short of revoking First Quantum Minerals' (Vancouver, British Columbia) new Cobre Panama contract. The miner said its copper operations remained uninterrupted despite mounting protests.
  
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• Europe Turns to Africa For Critical Raw Materials

  06-11-2023 08:11
  GALWAY, IRELAND--November 6, 2023--Written by Martin Lynch, European News
  Editor for Industrial Info (Galway, Ireland)--The European Union (EU) has announced a series of major investments worth billions of euros in a number of African nations in an effort to secure supply of critical and strategic raw materials.
  Within this article: Details major investments by Europe in African nations for raw materials, key minerals, projects and partners
  
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• Brunei Shell Petroleum Inaugurates New Offshore Developments

  06-11-2023 07:06
  MANILA--November 6, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--Brunei Shell Petroleum Co. Sdn Bhd. (BSP) has completed the installation of the EGWJ02 production platform installation in line with its low-cost development initiative for the Egret East marginal field. This represents one among several ongoing projects BSP is engaged in, including the recent finalization of the SLWJ01 production platform for the Salman field, showcasing their dedication to tapping into Brune
  
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