Production & Industry news

• Duke Submits Early Site Permit Application for North Carolina Nuclear Unit

  31-12-2025 08:56 via industrialinfo.com
  December 31, 2025--Written by Eric Funderburk for IIR News (Sugar Land, Texas)--Duke Energy Corporation (Charlotte, North Carolina) has taken a preliminary step in placing one or more small modular reactors (SMRs) at its Belews Creek site in North Carolina. This week, Duke submitted an early site permit application to the U.S. Nuclear Regulatory Commission (NRC) for the placement of a nuclear unit at the existing two-unit coal- and natural gas-fired plant in Stokes County.An early site permit ap
  
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• U.S. Refineries Prepare for Maintenance Ahead of a Busy 2026

  31-12-2025 08:55 via industrialinfo.com
  December 31, 2025--Written by Will Ploch, Assistant Editor-in-Chief for IIR News (Sugar Land, Texas)--Next year is expected to be a busy one for the U.S. Petroleum Refining Industry, with high utilization rates at operational units resulting from the recent closures of several key refineries, according to the U.S. Energy Information Administration (EIA). Several of the industry's biggest players are preparing for turnarounds in the coming quarter at some of their largest units.Industrial Info is
  
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• SPEED Act Seeks to Streamline Permitting of Energy Assets

  31-12-2025 08:55 via industrialinfo.com
  December 31, 2025--Written by John Egan for IIR News (Sugar Land, Texas)--Federal lawmakers and agencies have wrangled for years over how to update and streamline one of the nation's foundational environmental laws, the National Environmental Policy Act (NEPA), which was enacted in 1970.
  
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• Nickel Processing Grows with EV Demand, Production Efforts

  31-12-2025 08:50 via industrialinfo.com
  December 31, 2025--Written by Jennis Jacob for IIR News (Sugar Land, Texas)--An essential mineral for clean energy, nickel has been rising in demand in recent years. This increase is primarily tied to traditional sectors such as stainless steel and specialty alloys, with stainless steel alone accounting for roughly 70% of global primary nickel use.Further contributing to this growth is the expansion of lithium-ion battery production for electric vehicles (EVs), where nickel-rich cathodes are use
  
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• Cold-Driven Demand Tightens U.S. Natural Gas Balances

  31-12-2025 08:50 via industrialinfo.com
  December 31, 2025--Written by Aaron Studwell, Ph.D. for IIR News (Sugar Land, Texas)--U.S. natural gas markets have entered the heart of winter with demand running decidedly above seasonal norms, driven by a sustained period of below-normal temperatures across major regions for consumption. The result has been a drastically tighter supply-demand balance, heightened storage draw risk, and increased price sensitivity to near-term weather forecasts.Recent data show total U.S. natural gas demand ris
  
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• Chevron to Receive American Crude from Canada's Frontera

  31-12-2025 08:50 via industrialinfo.com
  December 31, 2025--Written by Daniel Graeber for IIR News (Sugar Land, Texas)--Canadian energy company Frontera (Calgary, Alberta) said it would receive up to $120 million in pre-payments from Chevron (Houston, Texas) in exchange for crude oil sourced from its operations in the Americas.Some $80 million of that is in advance payment for an unspecified amount of crude oil for a period of two years. Frontera did not provide specific details about the origin of the crude, adding only that the agree
  
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• Vår Energi Spending US$15 billion in Norwegian North Sea

  31-12-2025 08:11 via industrialinfo.com
  December 31, 2025--Written by Martin Lynch for IIR News (Galway, Ireland, Texas)--Leading independent oil and gas developer, Vår Energi (Stavanger, Norway), plans to spend roughly US$15 billion in the coming years on 20 projects in the Norwegian North Sea and Barents Sea. The company said that the investment will add 350,000-400,000 barrels of oil equivalent per day (BOE/d) through 2030 and beyond.
  
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• Shin Poong Pharmaceutical Invests in Ansan, Osong Plants

  31-12-2025 07:39 via industrialinfo.com
  KOFU, JAPAN--December 31, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--Shin Poong Pharmaceutical (Seoul, South Korea) is seeking to secure funding for a large-scale manufacturing investment at its Osong (Cheongju) and Ansan plants in South Korea.
  
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• Report: India's Cement Industry to Add Capacity by 2030

  31-12-2025 07:05 via industrialinfo.com
  NEW DELHI--December 31, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--India is currently witnessing an uptick in cement demand driven by sizable public infrastructure development, a thriving real estate sector and rapid urbanization.
  
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