Production & Industry news

• AEP Maps Out Billions of Dollars in U.S. Transmission Growth

  17-05-2024 08:55 via industrialinfo.com
  May 17, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--American Electric Power Company Incorporated (NASDAQ:AEP) (AEP) (Columbus, Ohio) is bracing for a massive, long-term buildout across its service territory, as shifting population trends and the rapidly rising demand for data-center services will force it to find creative and heavy-duty solutions. The company offered a glimpse at its ambitious project slate, which includes hundreds of miles of new and reconstructed transmi
  
  Read more

• Republicans Slam Final Rule Setting Higher Vehicle Fuel Efficiency Standards

  17-06-2024 08:55 via industrialinfo.com
  
  June 17, 2024--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--The Biden administration issued a final rule increasing vehicle mileage standards it calculated would save drivers billions of dollars in fuel costs and keep an estimated hundreds of millions of tons of carbon dioxide (CO2) out of the air. Naturally, in hyper-partisan Washington, D.C., any move by a Democratic president is decried by Republicans, who have vowed to block it using the Congressional Review Act. L
  
  Read more

• SLB: CCS Is Necessary for Net Zero

  17-06-2024 08:50 via industrialinfo.com
  
  June 17, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--There is no way to achieve a net-zero global economy without modernized infrastructure for carbon sequestration, the president of SLB's (NYSE:SLB) (Houston, Texas) clean energy arm said.SLB, formerly Schlumberger, announced plans in March spend about $380 million to acquire an 80% stake in Norway's Aker Carbon Capture (Lysaker). Olivier Le Peuch, SLB's chief executive officer, said at the time that carbon
  
  Read more

• Mississippi Sees $5.3 Billion in Projects Under Construction

  17-06-2024 08:45 via industrialinfo.com
  
  June 17, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Industrial Info is finding wide variety in the $5.3 billion worth of projects we are tracking that are under construction in Mississippi. A $1.9 billion project gives the Metals & Minerals Industry the No. 1 position in regard to total project spending, followed by the Power Industry and the Pulp, Paper & Wood Industry, respectively.Companies featured: Steel Dynamics Incorporated (NASDAQ:STLD)
  
  Read more

• Advertisement

• UAE Plans MENA's First LNG Facility

  17-06-2024 08:40 via industrialinfo.com
  
  June 17, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--An investment of more than US$5 billion will support the development of the first liquefied natural gas (LNG) export facility for the Middle East and North Africa (MENA), a facility that will be powered largely by clean energy.Technip Energies (Paris, France) leads a joint venture selected by the Abu Dhabi National Oil Company (ADNOC) (Abu Dhabi, United Arab Emirates) to lead the engineering, procurement and construction
  
  Read more

• Ørsted Marks Opening of Texas Wind/Solar Center

  17-06-2024 08:40 via industrialinfo.com
  
  June 17, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Ørsted (Fredericia, Denmark) last week celebrated the commencement of its first co-located wind and solar facility, which is located in Bee County, Texas. The Helena Energy Center will generate 268 megawatts (MW) of wind power and 250 MW of solar power.
  
  Read more

• Mountain Valley Pipeline, Phillips 66: Your Daily Energy News

  17-06-2024 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:Equitrans Midstream (NYSE:ETRN), Phillips 66 (NYSE:PSX)
  
  Read more

• Europe Proposes Import Tax on Chinese EVs

  17-06-2024 08:11 via industrialinfo.com
  
  GALWAY, IRELAND--June 17, 2024--Written by Martin Lynch, European News
  Editor for Industrial Info (Galway, Ireland)--The European Union (EU) has announced that battery electric vehicle (BEV) imports from China will have a levy of up to 38.1% applied from July in an effort to protect its motor industry.
  Within this article: Details proposed levy on Chinese EVs, reasons, potential impact, industry reaction
  
  Read more

• Advertisement

• Texas Leads U.S. in Planned 3Q Power Project Starts

  14-06-2024 08:56 via industrialinfo.com
  
  June 14, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--As usual, the U.S. Power Industry remains one of the strongest sectors in regard to upcoming project development. Industrial Info is tracking more than $21.2 billion worth of onshore U.S. power projects that we have determined as having a medium or high probability (70-99%) of kicking off as planned in the third quarter of this year. Texas, with more than $3.8 billion worth of projects, leads the rest of the U.S. in both
  
  Read more

• U.S. Mines Set for Billions in Third-Quarter Capital Spending

  14-06-2024 08:55 via industrialinfo.com
  
  June 14, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Players in the U.S. mining sector are seeing stronger demand for minerals used in the development of infrastructure and energy projects, and are responding with new capacity.Industrial Info is tracking more than $3.2 billion worth of capital-spending projects at mines across the U.S. that are slated to kick off in the third quarter, more than $2.7 billion of which is believed by Industrial Info to have a medium-to-high l
  
  Read more

• Vessels Lined up For Trans Mountain Crude

  14-06-2024 08:45 via industrialinfo.com
  
  June 14, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--There are more than a dozen vessels parked off the coast of Vancouver waiting to take on oil from the expanded Trans Mountain Pipeline from Alberta, a company official recently revealed.Flows began in May through the expansion of the Trans Mountain Corporation's (TMC) (Calgary, Alberta) crude oil pipeline, which will help Canada break out of North American deadlock via exports from British Columbia.Other
  
  Read more

• Venture Global LNG, Iraq Oil Production: Your Daily Energy News

  14-06-2024 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.
  
  Read more

• Aramco Follows UAE Into Rio Grande LNG Project in Texas

  14-06-2024 08:35 via industrialinfo.com
  
  June 14, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Saudi Arabia sees liquefied natural gas (LNG) as an integral component of a cleaner and more secure energy future, an Aramco (Dhahran, Saudi Arabia) representative said after inking a supply deal for U.S. supplies.
  
  Read more

• Intel Presses "Pause" on $25 Billion Chip Plant in Israel

  14-06-2024 08:11 via industrialinfo.com
  
  GALWAY, IRELAND--June 14, 2024--Written by Martin Lynch, European News
  Editor for Industrial Info (Galway, Ireland)--Chip giant Intel Corporation (NASDAQ:INTC) (Santa Clara, California) has paused development of a new $25 billion semiconductor plant in Israel according to reports from Israeli financial news outlet, Calcalist.
  Within this article: Details pause an major Israeli chip plant project by Intel, possible reasons, current operations
  
  Read more

• Jadestone Energy's Akatara Gas Development Project in Indonesia Nears Completion

  14-06-2024 07:45 via industrialinfo.com
  
  June 14, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Jadestone Energy Plc's Akatara Gas Processing Facility in Indonesia is swiftly advancing toward its final stages of completion. The independent upstream company reports that the project is undergoing the last commissioning phase, with mechanical elements nearly finalized and systems thoroughly tested.
  
  Read more

• Asia Dominates Global Polyethylene Market

  14-06-2024 07:30 via industrialinfo.com
  
  NEW DELHI--June 14, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--As one of the most versatile and widely used plastics among consumers, polyethylene holds a prominent position in the global plastics market. In recent years, Asia has established itself as a leading player in the polyethylene market, owing to its widespread applications and rising demand across several industries.
  
  Read more

• Business as Usual: With Modi's Coalition Settled, IIR Sees Market Stability

  14-06-2024 07:29 via industrialinfo.com
  
  June 14, 2024--Written by Paul Wiseman for Industrial Info Resources (Sugar Land, Texas)--The theme of recent elections seems to have been that the ruling party is still in power--but its foundations are weakened, and it will now have to rely on coalitions to govern. India, South Africa, and Germany lead that trend.
  
  Read more

• Tungsten Mining Attracts Investment in Australia & China

  14-06-2024 07:05 via industrialinfo.com
  
  NEW DELHI--June 14, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--With remarkable properties such as a superior tensile strength, high density, favorable thermal conductivity and a high melting point, tungsten has remained a highly sought after metal globally. Driven by the expansion of major industries spanning from steel to renewables, the demand for tungsten is growing.Industrial Info is tracking 58 active capital projects worth about US$5 billion that are geared toward t
  
  Read more

• Americas to Tip Global Oil Balance to Surplus

  13-06-2024 08:55 via industrialinfo.com
  
  June 13, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--With an expected increase in oil production from the Permian Basin, and with new supplies coming from the likes of Guyana, American supplies are expected to put the global balance in a surplus, various reports find.
  
  Read more

• New LNG Train to Support Shippers on U.S. West Coast

  13-06-2024 08:45 via industrialinfo.com
  
  June 13, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Clean Energy Fuels Corporation (NASDAQ:CLNE) (Newport Beach, California), a supplier of alternative fuels, said it was expanding operations to cater to regional shippers looking to clean up their act.
  
  Read more

• BLM Approves Lithium Exploration Project in Arizona

  13-06-2024 08:45 via industrialinfo.com
  
  June 13, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Arizona Lithium (West Perth, Australia) was greeted with positive news last week when the U.S. Bureau of Land Management (BLM) gave the green light to the company to begin exploratory drilling across its Big Sandy site in Arizona, where Arizona Lithium hopes to produce lithium carbonate. Lithium is one of the 50 minerals identified as critical by the U.S. Geological Survey and is used primarily in battery technologies fo
  
  Read more

• Bolivia, Russia Strengthen Lithium Agreements

  13-06-2024 08:40 via industrialinfo.com
  
  June 13, 2024--Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--Bolivian President Luis Arce traveled to Russia last week to attend the St. Petersburg International Economic Forum and strengthen economic ties with Moscow. During his visit, Arce met with Russian President Vladimir Putin and representatives from Russian lithium companies, all of whom agreed to develop a lithium-related supply chain.According to the United States Geological Survey (USGA), Bolivia holds the
  
  Read more

• Trans Mountain Expansion, U.S. Crude Oil Imports: Your Daily Energy News

  13-06-2024 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.
  
  Read more

• Chilean Officials Promote Investments in Lithium Sector

  13-06-2024 08:30 via industrialinfo.com
  
  June 13, 2024--Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--Chile's president and minister of mines are traveling abroad to promote investments in lithium as Chile seeks to develop its industry further.
  Chilean President Gabriel Boric traveled to Germany this week to meet with Chancellor Olaf Scholz and other officials to strengthen political and economic ties and further develop its lithium industry.
  
  Read more

• Bolivia y Rusia fortalecen acuerdos sobre litio

  13-06-2024 07:55 via industrialinfo.com
  
  13 de Junio, 2024--Escrito por Amir Richani para Industrial Info Resources (Sugar Land, Texas)--El presidente boliviano Luis Arce viajó a Rusia para asistir al Foro Económico Internacional de San Petersburgo para fortalecer los lazos económicos con Moscú. Durante su visita, el mandatario sudamericano se reunió con el presidente ruso, Vladimir Putin, y empresas de litio para acelerar el desarrollo de la industria.
  
  Read more

• DTE Energy Aligns BESS, Solar Projects to Michigan's Goals

  12-06-2024 08:55 via industrialinfo.com
  
  June 12, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--DTE Energy Company (NYSE:DTE) (Detroit, Michigan) is moving aggressively to more than double its companywide energy-storage capacity to 2.95 gigawatts (GW) by 2042, much of which will come from battery energy-storage system (BESS) units. DTE's goals line up with those of its home state of Michigan, which is aiming for 2.5 GW of energy storage by 2030.Industrial Info is tracking more than $2.2 billion worth of active and
  
  Read more

• Entergy, NextEra Agree to Develop New Solar, Storage Projects

  12-06-2024 08:50 via industrialinfo.com
  
  June 12, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Utility firm Entergy Corporation (NYSE:ETR) (New Orleans, Louisiana) and NextEra Energy Resources, the merchant clean energy unit of NextEra Energy Incorporated (NYSE:NEE) (Juno Beach, Florida), last week entered a five-year agreement to develop up to 4.5 gigawatts (GW) of new solar and energy-storage projects.
  
  Read more

• BLM Selects Smaller, Alternative Plan for Massive Idaho Wind Project

  12-06-2024 08:45 via industrialinfo.com
  
  June 12, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--LS Power (New York, New York) subsidiary Magic Valley Energy (MVE) received mixed news last week when the U.S. Bureau of Land Management (BLM) issued its final environmental impact statement (EIS) for the Lava Ridge wind project in Idaho, giving it a green light, but selecting an alternative model to MVE's preferred plans, reducing the project's land area as well as the size and number of turbines.
  
  Read more

• Senegal's First Oil, Mexico's Shrinking Oil Reserves: Your Daily Energy News

  12-06-2024 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.
  
  Read more

• TotalEnergies Reserves Hull for Suriname FPSO

  12-06-2024 08:30 via industrialinfo.com
  
  June 12, 2024--Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--TotalEnergies SE (NYSE:TTE) (Courbevoie, France) has announced that it had secured a hull for its floating, production, storage and offshore (FPSO) vessel at Block 58 offshore Suriname. The vessel is expected to have a production capacity of 200,000 barrels of oil per day (BBL/d) and it could kickstart Suriname's offshore energy future.
  
  Read more

Follow @ProductIndustry on Twitter!