Production & Industry news

• Africa Poised to Become Critical Minerals Powerhouse

  26-04-2024 12:01 via industrialinfo.com
  GALWAY, IRELAND--April 25, 2024--Written by Martin Lynch, European News
  Editor for Industrial Info (Galway, Ireland)--As global demand for critical minerals surges, sub-Saharan Africa has the potential to reap up to US$2 trillion dollars in the coming decades.
  Within this article: Details sub-Saharan Africa's critical minerals potential, value, capacity, current state, processing opportunities and roadblocks
  
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• EPA Issues Rules That Could Reshape Electric Generation

  26-04-2024 08:56 via industrialinfo.com
  April 26, 2024--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--The U.S. Environmental Protection Agency (EPA) (Washington, D.C.) released four finalized rules Thursday that could fundamentally revamp U.S. electricity generation by sharply reducing allowable emissions from existing coal-fired power plants as well as future gas-fired generators. A separate rule, covering emissions from existing gas-fired generators, is expected later this year.
  
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• Valero Upbeat on Refining Margins, Mexico's Export Potential

  26-04-2024 08:55 via industrialinfo.com
  April 26, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Thanks to a tight crude-oil supply at the start of 2024, Valero Energy Corporation (NYSE:VLO) (San Antonio, Texas) was able to mitigate the effects of heavier-than-average planned maintenance during the first quarter of 2024. Strong refining margins--which resulted partly from global shocks, such as weaker Russian refining capacity due to Ukrainian drone attacks--are allowing refining majors like Valero to keep their nu
  
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• TotalEnergies, Vanguard Form RNG Joint Venture

  26-04-2024 08:50 via industrialinfo.com
  April 26, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--French supermajor TotalEnergies SE (NYSE:TTE) (Courbevoie, France) said it reached a joint venture agreement to produce more than 2 billion cubic feet of renewable natural gas per year from U.S. farm operations.TotalEnergies announced Wednesday that it signed an agreement with renewable natural gas (RNG) company Vanguard Renewables (Weston, Massachusetts) to develop, build and operate 10 new projects tha
  
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• NextEra Further Develops Renewable-Generation Portfolio

  26-04-2024 08:50 via industrialinfo.com
  April 26, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--NextEra Energy Incorporated (NYSE:NEE) (Juno Beach, Florida), which is composed of its Florida Power & Light (FPL) electric utility and its NextEra Energy Resources (NEER) merchant clean energy business, recently updated its progress toward developing renewable generation and discussed its planned capital expenditures (capex).
  
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• Miner BHP Makes Bid for Rival Anglo American in Mining Shakeup

  26-04-2024 08:45 via industrialinfo.com
  April 26, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Australian mining giant BHP Group (NYSE:BHP) (Melbourne) has made an unsolicited bid of US$38.8 billion for U.K.-based miner Anglo American plc (London) in a move that could shake up the mining world. Anglo American says it is considering the bid, which, if successful, would create the world's biggest copper miner. If it goes through, the deal would result in the merger of more than US$45 billion worth of active project
  
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• Boeing Wary of Cost Future for SAF

  26-04-2024 08:40 via industrialinfo.com
  April 26, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Sustainable aviation fuel (SAF) is unlikely to reach cost parity with conventional jet fuel any time soon, the head of sustainability at troubled airplane manufacturer The Boeing Company (NYSE:BA) (Arlington, Virginia) said.
  
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• GE Vernova, Equinor: Your Daily Energy News

  26-04-2024 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:GE Vernova (NYSE:GEV), Equinor (NYSE:EQNR)
  
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• MidOcean Energy Acquires 20% Interest in Peru LNG Project

  26-04-2024 08:30 via industrialinfo.com
  April 26, 2024--Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--MidOcean Energy announced this week that it has acquired SK Earthon's 20% interest in Peru LNG, the first liquefied natural gas export facility in South America. Hunt Oil currently operates the export terminal, which is located in Pampa Melchorita on the Peruvian Pacific coast.
  
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• India's Paper Imports Soar

  26-04-2024 07:57 via industrialinfo.com
  NEW DELHI--April 26, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--The Indian Paper Manufacturers Association reported that from the start of the second quarter through the fourth quarter of 2023 India's paper and paperboard imports increased 37%, an approximate figure of 1.47 million metrictons.
  
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• Aramco to Acquire Major Stake in China's Petrochemical Giant Hengli

  26-04-2024 07:50 via industrialinfo.com
  BEIJING--April 26, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Saudi Aramco (Dhahran, Saudi Arabia) recently signed a memorandum of understanding (MOU) to acquire a 10% share stake in Chinese petrochemical major Hengli Petrochemical from its parent Hengli Group (Suzhou, China).
  
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• Rough Road Ahead for Diamond Mining

  26-04-2024 07:03 via industrialinfo.com
  NEW DELHI--April 26, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--For centuries, diamonds have remained one of the most exquisite gems, finding applications in jewelry, biomedical research, audio equipment and industrial applications such as cutting and polishing. Diamonds are generally extracted and mined via four processes: open-pit mining, underground mining, marine diamond mining and alluvial mining.Industrial Info tracking 76 active capital-spending projects, worth mor
  
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