Production & Industry news

• Siemens, GE Vernova Increase U.S. Investment to Meet Gas Turbine, Power Demand

  04-02-2026 08:56 via industrialinfo.com
  February 4, 2026--Siemens Energy AG recently announced it finalized a plan to invest $1 billion to ramp up manufacturing of gas turbines and power-grid solutions in the U.S. This comes after GE Vernova late last month announced plans to invest about $600 million in the U.S. over the next two years for similar output.
  
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• Brookfield Upbeat on U.S. Odds for Renewable, Nuclear Growth

  04-02-2026 08:55 via industrialinfo.com
  February 4, 2026--Written by Will Ploch, Assistant Editor-in-Chief for IIR News Intelligence (Sugar Land, Texas)--Brookfield Renewable Partners LP, a subsidiary of Brookfield Asset Management, is holding up amid a rough atmosphere for U.S.-based renewable energy. The subsidiary continues to develop wind and solar projects, complemented by a major win for its parent's nuclear-energy business.Industrial Info is tracking more than $23 billion worth of active and proposed renewable-energy projects f
  
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• Venezuelan Refinery Capacity at 750,000 BBL/d

  04-02-2026 08:50 via industrialinfo.com
  February 4, 2026--Written by Daniel Graeber for IIR Energy Intelligence (Sugar Land, Texas)--Data from IIR Energy show the Venezuelan oil refining capacity is just more than 750,000 barrels per day (BBL/d), as reports continue to circulate about the sector's rapid recovery.There have been few signs of problems in the Venezuelan oil sector since U.S. military forces seized Venezuelan President Nicolas Maduro and his wife from their compound in Caracas in early January.
  
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• Permian Gas Production to Increase

  04-02-2026 08:45 via industrialinfo.com
  February 4, 2026--Written by Daniel Graeber for IIR News Intelligence (Sugar Land, Texas)--Natural gas production in the southern United States is expected to accelerate as the nature of the legacy oil pools changes, Enterprise Products Partners said.Reporting Tuesday on its fourth-quarter 2026 results, the midstream company said it saw a 6% increase year-on-year in piped natural gas volumes through the three-month period ending Dec. 31. At 8.1 billion cubic feet per day (Bcf/d), processed natur
  
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• Canada's Eldorado Gold to Buy Foran, Expanding Copper Holdings

  04-02-2026 08:45 via industrialinfo.com
  February 4, 2026--Written by Eric Funderburk for IIR News Intelligence (Sugar Land, Texas)--While not as big as the pending Rio Tinto-Glencore merger, two Canadian miners are joining forces with a primary focus on copper and gold both in Canada and abroad. Eldorado Gold announced this week that it will acquire Foran Mining Corporation, a copper-focused miner. Foran shareholders will receive a certain amount of Eldorado shares depending on their holdings as well as a small cash amount per share.T
  
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• New U.S. Oil Export Facility License, Marathon's Venezuelan Crude Purchases: Your Daily Energy News

  04-02-2026 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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• Capstone Restarts Mantoverde Copper Mine, but Workers' Strike Continues

  04-02-2026 08:30 via industrialinfo.com
  February 4, 2026--Written by Amir Richani for IIR News Intelligence (Sugar Land, Texas)--Workers at the Mantoverde copper mine in Chile have been on strike since January 2, though the company was able to reactivate operations after accessing its desalination plant. The Union No. 2 at the mine rejected Capstone's new contract offer.
  
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• Antofagasta Misses 2025 Copper Guidance

  04-02-2026 08:30 via industrialinfo.com
  February 4, 2026--Written by Amir Richani for IIR News Intelligence (Sugar Land, Texas)--Chilean miner Antofagasta reported production of 653,700 tonnes of copper in 2025, about 1.6% lower than 2024 volumes and below the 660,000-700,000 tonnes expected by the company last year.Throughout Q4, Antofagasta produced 177,000 tonnes of copper, about 9.4% more than in Q3.The drop in copper production is due to lower cathode production at the Centinela mineand decreased output at Los Pelambres, both Chi
  
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• Vietnam Chemical Project Hastens Progress

  04-02-2026 07:08 via industrialinfo.com
  MANILA--February 4, 2026--Researched by Industrial Info Resources (Sugar Land, Texas)--Owners of the Duc Giang Nghi Son Chemical Complex Project in Vietnam have launched a "100-day peak campaign" that continues construction around the clock and through holiday periods to ensure the trial operation of Phase 1 by the second quarter of 2026.
  
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• Tunisia Plans 2.3 GW of Wind and Solar Tenders in 2026

  04-02-2026 07:07 via industrialinfo.com
  NEW DELHI--January 4, 2026--Researched by Industrial Info Resources (Sugar Land, Texas)--Tunisia has approved plans to tender more than 2.3 gigawatts (GW) of renewable energy capacity in 2026, marking a significant step in accelerating its clean energy transition and reducing reliance on imported fossil fuels.
  
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