Production & Industry news

• EIA: U.S. EVs, Hybrid Sales Dip Slightly in Q1

  15-05-2024 08:50 via industrialinfo.com
  
  May 15, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Sales of hybrid vehicles, plug-in hybrid electric vehicles, and battery electric vehicles (BEVs) accounted for 18% of total light-duty vehicle (LDV) sales in the U.S. in the first quarter, down slightly from 18.8% in fourth-quarter 2023, according to the U.S. Energy Information Administration (EIA), citing data from Wards Intelligence. Industrial Info is tracking $60 billion worth of EV-related projects under construction
  
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• Technip Energies Racks Up Wins for Carbon-Capture, LNG Work

  29-05-2024 08:55 via industrialinfo.com
  
  May 29, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Technip Energies N.V. (Paris, France) continues to grow its presence in the U.S. and Canadian markets for liquefied natural gas (LNG) and carbon-capture projects, with the latter boasting some of the company's most significant recent contract wins--not all of them in the power-generation industry.Industrial Info is tracking $17.8 billion worth of active and planned projects across the U.S. and Canada involving Technip Ene
  
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• Gas at Last: Long-Awaited Mountain Valley Pipeline Lurches Toward June Opening

  29-05-2024 08:55 via industrialinfo.com
  
  May 29, 2024--Written by Paul Wiseman for Industrial Info Resources (Sugar Land, Texas)--Since the start of construction in 2018, the Mountain Valley Pipeline (MVP), designed to carry natural gas from the Marcellus and Utica fields in West Virginia to a hub in Virginia, has been embroiled in a tug-o-war between the energy industry and environmental interests. Now it appears poised to begin operations sometime in early June.
  
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• Oil Deliveries by Rail on Sharp Decline in Canada

  29-05-2024 08:50 via industrialinfo.com
  
  May 29, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Discounting strains from the onset of the COVID-19 pandemic in North America, data show Canadian deliveries of crude oil by rail in March were at their lowest level in nearly a decade.With 168 billion barrels of estimated oil reserves, Canada ranks fourth in the world, behind Iran, Saudi Arabia and Venezuela. Most of that is in Alberta, which reported a record average last year of 3.73 million barrels per
  
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• Data Center Sector Leads Iowa's $6.4 Billion of Projects Under Construction

  29-05-2024 08:45 via industrialinfo.com
  
  May 29, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--While Iowa may call to mind images of farmland and windfarms, it's actually the data center sector that leads the state's construction activity, accounting for one-third of the value of the nearly $6.4 billion in projects Industrial Info is tracking in the state that are in the construction phase. Nevertheless, Iowa's roots in agriculture are apparent, with food and beverage projects accounting for more than $1.4 billion
  
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• Hess Shareholders Approve $53 Billion Sale to Chevron, but Hurdles Remain

  29-05-2024 08:40 via industrialinfo.com
  
  May 29, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Stockholders of Hess Corporation (NYSE:HES) (New York, New York) on Tuesday approved a $53 billion buyout by Chevron Corporation (NYSE:CVX) (San Ramon, California).
  
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• Poland Plans FSRU at Port of Gdansk

  29-05-2024 08:35 via industrialinfo.com
  
  May 29, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Poland moved closer to its energy security goals after signing agreements to build a floating liquefied natural gas (LNG) terminal at the Port of Gdansk.
  
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• Chevron-Hess Deal, Energy Transfer Acquisition: Your Daily Energy News

  29-05-2024 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:Hess Corporation (NYSE:HES), Chevron Corporation (NYSE:CVX), Exxon Mobil Corporation (NYSE:XOM), Energy Transfer LP (NYSE:ET)
  
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• Petrobras' New CEO Vows to Expand Exploration Efforts

  29-05-2024 08:20 via industrialinfo.com
  
  May 29, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)-- Petrobras' (NYSE:PBR) (Rio de Janeiro, Brazil) new chief executive officer (CEO), Magda Chambriard, outlined her plans to focus on further oil and gas exploration and production while also seeking to promote renewable energies.
  
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• Sanofi Makes $1 Billion Investment in French Operations

  29-05-2024 08:11 via industrialinfo.com
  
  GALWAY, IRELAND--May 29, 2024--Written by Martin Lynch, European News
  Editor for Industrial Info (Galway, Ireland)--French pharmaceutical major Sanofi (NASDAQ:SNY) (Paris, France) has pledged more than 1.1 billion euro ($1.2 billion) to boost its local bio-manufacturing operations.
  Within this article: Details major pharma investments in France by Sanofi and AstraZeneca, projects details, existing operations
  
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• Shell Philippines Lines Up Capital Projects

  29-05-2024 07:56 via industrialinfo.com
  
  MANILA--May 29, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Shell Philippines Corporation (Manila, Philippines), a subsidiary of Shell plc (NYSE:SHEL) (London, England), plans to significantly boost its capital expenditures, with up to US$3 billion earmarked for this year.
  
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• Saudi Arabia's Chemical Industry Set for US$18 Billion in Kickoffs in Two Years

  29-05-2024 07:40 via industrialinfo.com
  
  NEW DELHI--May 29, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--As part of its ambitious "VISION 2030" plan to diversify its economy and ease its dependence on oil exports, Saudi Arabia is urging companies to invest in its Chemical Processing Industry, including in "green" chemicals. Saudi Arabia is the largest chemical producer in the Middle East and is home to a few of the world's biggest chemical producers, such as Saudi Aramco (Dhahran, Saudi Arabia), Saudi Basics Indus
  
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• NTS Plans Gas Transport Capacity Expansion in Southeastern Brazil

  29-05-2024 07:06 via industrialinfo.com
  
  CORDOBA, ARGENTINA--May 29, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Brazilian gas-transport companies are taking strategic measures to strengthen the country's energy matrix by making the natural gas supply to the main consumption areas in the southeastern and southern regions more flexible. Currently, the country's main metropolis, São Paulo, is predominantly supplied by Bolivian gas imported through the Bolivia-Brazil Gas Pipeline. This pipeline is operated by
  
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• DuPont to Split Into Three Companies

  28-05-2024 08:50 via industrialinfo.com
  
  May 28, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Multinational company DuPont de Nemours Incorporated (NYSE:DD) (Wilmington, Delaware) last week said it plans to split into three publicly traded companies by breaking off its Electronics and Water businesses into separate entities.
  
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• U.S. Egg Sector Brings More than $600 Million in Potential Spending

  28-05-2024 08:45 via industrialinfo.com
  
  May 28, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. Department of Agriculture (USDA), in this month's Livestock, Dairy and Poultry Outlook, raised the forecast number of eggs that will be produced in the U.S. in 2024 after positive first-quarter data. The agency now expects production of 7,927 million dozen eggs from the U.S. in 2024, up from 7,864 million dozen in 2023. Production is expected to increase even more in 2025, rising above 8,100 million dozen. To thi
  
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• Coast Guard OKs Nation's First Commercial Hydrogen-Fueled Vessel

  28-05-2024 08:40 via industrialinfo.com
  
  May 28, 2024--Written by Paul Wiseman for Industrial Info Resources (Sugar Land, Texas)--Earlier this month, the maritime industry took a new step in converting its shipping from fossil fuels to cleaner forms of power. On Friday, May 17, the U.S. Coast Guard awarded SWITCH Maritime a certificate of inspection (COI) for its flagship ferry Sea Change, making it the nation's first hydrogen-fueled maritime vessel to enter commercial service.Hydrogen has long been touted as among the best options for
  
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• Review Puts U.S. Closer to Offshore Wind Goals

  28-05-2024 08:35 via industrialinfo.com
  
  May 28, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--The U.S. federal government could be moving closer to its offshore wind energy benchmark after completing the environmental review of two projects in the Atlantic Ocean that would combine for 2.8 gigawatts (GW) of power.
  
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• U.S. Solar Power Growth, Oil & Gas Rig Count: Your Daily Energy News

  28-05-2024 08:34 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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• Denmark Expands Scope of Artificial Energy Island

  28-05-2024 08:13 via industrialinfo.com
  
  GALWAY, IRELAND--May 28, 2024--Written by Martin Lynch, European News
  Editor for Industrial Info (Galway, Ireland)--Hot on the heels of announcing its largest-ever offshore wind tender, Denmark has released an update for its ambitious Bornholm artificial energy island.Within this article: Details advance of Denmark's Bornholm Energy Island plan, scale, partners, offshore wind goals and project details
  
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• Investments Grow in Magnetite Iron Ore Mining

  28-05-2024 07:54 via industrialinfo.com
  
  NEW DELHI--May 28, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--With the construction sector witnessing sustained growth, the role of iron ore is becoming crucial. According to the National Minerals Information Center, steelmaking utilizes about 98% of iron ore and about 50 countries are involved in mining iron ores to meet various industrial purposes.
  
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• La provincia argentina de Mendoza se suma a la mesa del cobre

  28-05-2024 07:34 via industrialinfo.com
  
  28 de mayo, 2024--Escrito por Amir Richani para Industrial Info Resources (Sugar Land, Texas)--El gobierno de la provincia de Mendoza en Argentina se sumó el 22 de mayo a la mesa de trabajo del cobre para impulsar el desarrollo minero de la zona. Este grupo está compuesto por el ministro de Minas de Argentina y las provincias mineras de Salta, Catamarca, San Juan y ahora Mendoza.
  
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• What's Next for Europe's Tidal Energy Landscape?

  28-05-2024 07:04 via industrialinfo.com
  
  Researched by Industrial Info Resources (Sugar Land, Texas)--Driven by its commitment to combat climate change to achieve carbon neutrality, Europe continues to rapidly adopt renewable energy for a greener economy. The region is already significantly investing in renewables such as wind and solar, which have gained remarkable momentum. With its extensive coastal regions and strong tidal currents, Europe is also investing in the development and implementation of tidal energy.
  
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• RWE Plans Green Hydrogen for Grangemouth Refinery

  27-05-2024 08:10 via industrialinfo.com
  
  GALWAY, IRELAND--May 27, 2024--Written by Martin Lynch, European News
  Editor for Industrial Info (Galway, Ireland)--German energy companyRWE AG (Essen, Germany) has revealed plans to build a green hydrogen plant at the U.K.'s largest refining complex at Grangemouth in Scotland, owned by U.K. chemical major INEOS Limited (London, England).Within this article: Details green hydrogen plan for Grangemouth refinery, capacity, timeline, nearby blue hydrogen project
  
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• National Grid to Invest $35 Billion in U.S. Power Infrastructure

  24-05-2024 08:55 via industrialinfo.com
  
  May 24, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--National Grid plc (NYSE:NGG) (London, England), which operates energy assets in the U.S. and the U.K., mapped out a plan to invest US$76.5 billion through March 2029 in energy network infrastructure, including as much as US$35 billion for system improvements in Massachusetts and New York, as it seeks to streamline its operations. That includes selling off its National Grid Renewables subsidiary, which operates wind and so
  
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• NOAA Predicts Above-Normal Atlantic Hurricane Activity This Year

  24-05-2024 08:50 via industrialinfo.com
  
  May 24, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. National Oceanic and Atmospheric Administration (NOAA) is predicting above-normal hurricane activity in the Atlantic Basin this year, with a range of 17 to 25 named storms. The U.S. Energy Information Administration (EIA) cautioned this week that the forecasted strong hurricane season poses a risk for the U.S. oil and natural gas industry, particularly along the U.S. Gulf Coast.
  
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• Acciona Energia Completes One of $3.8 Billion Worth of Solar, BESS Projects Underway in Greater Houston

  24-05-2024 08:45 via industrialinfo.com
  
  May 24, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Solar power activity is heating up around the Greater Houston, Texas, area. In some cases, these solar plants are accompanied by battery energy storage systems (BESS), but in addition, a standalone BESS unit is being constructed within Houston itself. Industrial Info is tracking more than $3.8 billion worth of solar power and BESS projects in Harris County, home to Houston, in addition to five surrounding counties.
  
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• Argentina's Mendoza Province Joins Copper Efforts

  24-05-2024 08:40 via industrialinfo.com
  
  May 24, 2024--Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--Argentina is upping its efforts to become a copper powerhouse, with its Mendoza province recently joining the Salta, Catamarca and San Juan provinces in developing the nation's copper-mining potential. Earlier this year, the governors of these provinces and representatives from Argentina's Ministerio de Energía y Minería met with their European counterparts to seek investments in copper, lithiu
  
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• Equinor Finds Little Oil in North Sea, but Norwegian Output Rises

  24-05-2024 08:35 via industrialinfo.com
  
  May 24, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Norwegian energy company Equinor (NYSE:EQNR) (Stavanger) made an oil discovery in the North Sea, though the nation's regulators said the company will have to consider whether it's profitable enough to develop.
  
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• Petrobras reporta ganancias de 4.800 millones de dólares en el primer trimestre mientras el director ejecutivo podría dimitir

  24-05-2024 07:55 via industrialinfo.com
  
  24 de mayo, 2024--Escrito por Amir Richani para Industrial Info Resources (Sugar Land, Texas)--Petrobras, la empresa estatal brasileña, cerró el primer trimestre con una ganancia neta de 4.800 millones de dólares, frente a los 7.300 millones de dólares del mismo período del año pasado. La disminución de los ingresos netos se debió a la caída de los precios del petróleo, los márgenes del diésel y la depreciaci&oac
  
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• ENGIE to Stop Burning Coal in Chile by End of 2025

  24-05-2024 07:50 via industrialinfo.com
  
  CORDOBA, ARGENTINA--May 24, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--ENGIE Energía Chile S.A., a subsidiary of ENGIE S.A. (La Défense, France), has announced that the Andina & Hornitos Thermoelectric Complex in the Antofagasta Region of Chile will be disconnected by January 1, 2026. With the retirement of both 160-megawatt (MW) units, Engie Chile will have stopped burning coal for power generation in the country.
  
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