Production & Industry news

• IIR's January 26 Market Scorecard Brings You Breaking Geopolitical News

  26-01-2026 18:00
  January 26, 2026--Researched by IIR News Intelligence (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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• U.S. Refining Companies Taking Venezuelan Crude

  26-01-2026 08:55
  Amid reports of sales of Venezuelan crude oil to U.S. Gulf Coast refineries, federal data show imports of the heavy crude oil remain well below-year ago levels.Citing an exclusive, the Reuters news service on Friday reported that both Valero (San Antonio, Texas) and Phillips 66 (Houston, Texas) moved through trading house Vitol (Rotterdam, Netherlands) to purchase cargoes of crude oil sourced from Venezuela. The arrangement, the news service said, was made as a result of an agreement between the
  
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• Freeport-McMoRan Boosts 2026, 2027 Capex, Advancing Copper Projects

  26-01-2026 08:50
  January 26, 2026--Written by Danny Levin, Deputy Editor for IIR News Intelligence (Sugar Land, Texas)--Freeport-McMoRan projects $4.3 billion-$4.5 billion in capital expenditures for 2026 and 2027, respectively, up from $3.9 billion in 2025, which comes as the company is advancing its global and domestic copper footprint.
  
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• Iowa State House, Senate Propose Competing Carbon-Pipeline Bills

  26-01-2026 08:45
  January 26, 2026--Written by Eric Funderburk for IIR News Intelligence (Sugar Land, Texas)--Last week, Iowa's state House of Representatives passed a bill banning the use of eminent domain in the construction of carbon pipelines. The proposed bill, passed 64 to 28 by the House, now moves to a state Senate subcommittee for review.
  In a related move, Iowa's Senate Majority Leader Mike Klimesh (R) introduced legislation regarding all hazardous liquids pipelines, which includes carbon pipelines. One
  
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• Alaska LNG Announces Pipeline Developments

  26-01-2026 08:40
  January 26, 2026--Written by Daniel Graeber for IIR Energy Intelligence (Sugar Land, Texas)--Glenfarne, a developer behind the Alaska LNG project, said it tapped engineering firm Worley and others for assistance with the Phase 1 pipeline development.Glenfarne said Worley, under a provisional arrangement, will offer engineering, procurement and construction management services for Phase I development. Following a multi-round bidding process that included nearly 20 contactors, a handful of midstre
  
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• Record Europe LNG Imports, U.S. Restructures Biden-Era Clean-Energy Funding: Your Daily Energy News

  26-01-2026 08:35
  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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• GeoPark Beats 2025 Production Guidance as it Enters Argentina's Vaca Muerta

  26-01-2026 08:30
  January 26, 2026--Written by Amir Richani for IIR News Intelligence (Sugar Land, Texas)--GeoPark produced 28,233 BOE/d throughout 2025, surpassing its production guidance for the year. The company has begun production in Argentina's Vaca Muerta and expects to further increase production between 2026 and 2028.
  
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• Capstone Sulphide Operations Halted at Mantoverde Desalination Plant

  26-01-2026 08:20
  Capstone announced it temporarily halted sulphide operations at its Mantoverde copper mine in Chile due to water-supply issues related to problems at its desalination plant. The company reported that oxide operations would also need to be halted by January 23 unless the issue was resolved. Meanwhile, the Union No.2 at the copper mine has been on strike since January 2.
  
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• U.K. Completes World's Largest Offshore Wind Auction

  26-01-2026 08:11
  January 26, 2026--Written by Martin Lynch for Industrial Info Resources (Galway, Ireland, Texas)--The U.K. has completed Europe's largest ever wind auction, awarding contracts for 8.4 gigawatts (GW) of new capacity which will be capable of powering more than 12 million homes. The seventh auction - Auction Round 7 (AR7) - has been a resounding success for the Labour-led government and the wind sector, especially when compared to AR5 in 2023 which failed to attract a single bid.
  
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• Rio Tinto cerró un sólido desempeño en el cuarto trimestre, liderado por el mineral de hierro y el cobre

  26-01-2026 07:23
  26 de Enero, 2026--Escrito por Amir Richani para IIR News (Sugar Land, Texas)--Rio Tinto, la minera australiana, reportó una producción de mineral de hierro de 89,7 millones de toneladas en el cuarto trimestre en sus operaciones de Pilbara, un 4% más que en el mismo trimestre del año anterior, permitiéndole cerrar el año con un volumen de 327,3 millones de toneladas.
  
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