Production & Industry news

• Rising U.S. Thermal Coal Shipments to Africa, Asia Help Lift Overall Coal Exports

  06-09-2024 08:45 via industrialinfo.com
  
  September 6, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Although thermal coal used for power generation has declined significantly in the U.S. due to many coal-fired power plant closures, thermal coal exports from the U.S. to other parts of the world are picking up. Specifically, the U.S. Energy Information Administration (EIA) notes that in the first half of this year, thermal coal exports to Asia rose 19%, or 2.3 million short tons (MMst), compared with the same period
  
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• South Africa's REIPPPP Sees 10.1 GW of Wind, Solar Bids

  16-09-2024 07:30 via industrialinfo.com
  
  NEW DELHI--September 16, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--South Africa's Renewable Energy Independent Power Producers Procurement Programme (REIPPPP) continues to gain momentum, with Round 7 receiving 48 bids for a total of 10.1 gigawatts (GW) of renewable capacity, significantly exceeding the original government floated bids for 3.2 GW of wind and 1.8 GW of solar.
  
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• Asia Leads the Way in Global Limestone Production

  16-09-2024 07:02 via industrialinfo.com
  
  NEW DELHI--September 16, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--From ancient monuments and medieval architecture to modern-day construction and steel production, limestone has remained relevant across centuries. Owing to its widespread application across sectors such as agriculture, chemicals, environmental management and many consumer products, the global demand for limestone has been on the rise.Industrial Info is presently tracking 485 active capital-spending proje
  
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• Brookfield Bolsters Role in Low-Carbon Fuel, Builds Out Solar

  13-09-2024 08:55 via industrialinfo.com
  
  September 13, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Brookfield Asset Management Incorporated (NYSE:BAM) (Toronto, Canada) is wading further into the green fuels market with an investment of up to $1.1 billion in ultra-low-carbon fuel producer Infinium (Sacramento, California), including more than $200 million in a project under development in West Texas. Brookfield already has a strong foothold in the solar market.Industrial Info is tracking nearly $12 billion worth
  
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• Offtake Agreement Supports FID for New LNG Facility in Texas

  13-09-2024 08:50 via industrialinfo.com
  
  September 13, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--There's enough commitment from offtake agreements to move ahead with a final investment decision on a new liquefied natural gas (LNG) export terminal in Texas, a developer said Thursday.Texas LNG wants to build an export facility for LNG at the Port of Brownsville. If completed as expected, it would be able to handle about 4 million tons of LNG exports annually, or about 195 billion cubic feet (Bcf).
  
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• GM, Hyundai to Explore Joint Development and Production of Vehicles, Clean-Energy Technologies

  13-09-2024 08:50 via industrialinfo.com
  
  September 13, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--General Motors Company (NYSE:GM) (GM) (Detroit, Michigan) and Hyundai Motor Group (Seoul, South Korea) recently signed a memorandum of understanding (MOU) to "explore future collaboration across key strategic areas," including vehicle production and clean-energy technologies. Industrial Info is tracking projects attributed to both GM and Hyundai.
  
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• U.S. Power Companies Go Greener by Co-firing Hydrogen

  13-09-2024 08:45 via industrialinfo.com
  
  September 13, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--In a recent Today in Energy newsletter, the U.S. Energy Information Administration (EIA) discussed the gradual adoption of hydrogen into the fuel mix of U.S. natural gas-fired plants. Some plants are being constructed with the dual fuels in mind, some existing plants are experimenting with co-firing hydrogen with good results, and some plants are modifying or adding new turbines to their existing gas-fired plants.
  
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• Scotland's Grangemouth Refinery, China's Crude Oil Imports: Your Daily Energy News

  13-09-2024 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.
  
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• Power, Gulf Production Hampered by Francine

  13-09-2024 08:35 via industrialinfo.com
  
  September 13, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--A utility company providing power for states along the U.S. Gulf Coast said those in the direct path of Francine can expect to be in the dark for close to two weeks.
  
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• AES Andes Applies for Environmental Permits for Chilean Renewable Projects

  13-09-2024 08:25 via industrialinfo.com
  
  September 13, 2024--Written by Amir Richani for Industrial Info Resources (Sugar Land, Texas)--AES Andes (Santiago, Chile), a subsidiary of AES Corporation (NYSE:AES) (Arlington, Virginia), has submitted three environmental permit requests to develop projects producing 1,700 megawatts (MW) of renewable energy with 2,400 MW of battery storage.
  
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• U.S. Pushes for Expanded Fertilizer Production

  13-09-2024 07:55 via industrialinfo.com
  
  Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. fertilizer market has been expanding significantly amid the Russia-Ukraine conflict, changes in U.S. trade policies concerning Russian goods, and global price hikes for raw materials. The U.S. government is promoting domestic agricultural expansion through incentive programs such as the Fertilizer Production Expansion Program (FPEP) and the Rural Energy for America Program (REAP).
  
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• Nigeria Aims for 30% Renewable Energy Mix by 2030

  13-09-2024 07:47 via industrialinfo.com
  
  NEW DELHI--September 13, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Under the National Renewable Energy and Energy Efficiency Policy (NREEEP) and the Economic Recovery and Growth Plan (ERGP), the Nigerian Electricity Regulatory Commission (NERC) is advancing plans to diversify the country's energy mix, with a target of achieving 30% renewable energy in its grid by 2030.
  
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• North Africa Home to $84 Billion in Capital Petrochemical Projects

  13-09-2024 07:06 via industrialinfo.com
  
  NEW DELHI--September 13, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--The petrochemical and agrochemical industry in North African countries is vastly spread. Industrial info is tracking 212 capital projects, worth US$84.23 billion, in North Africa's Chemical Processing Industry. Most of the investment is for green hydrogen projects (around US$27 billion) and green ammonia (US$16 billion). Egypt, as a prime manufacturing hub in Africa, leads all North African countries in t
  
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• Germany's Metals, Mining Sectors Adopt Green Technologies

  13-09-2024 07:01 via industrialinfo.com
  
  September 13, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Germany's reliance on energy imports suffered significantly when the Russia-Ukraine war broke out. One of the most notable shifts has occurred in the metals and mining sector, where the drive towards renewable energy has gained serious momentum. Germany's commitment to renewable energy is known as the "Energiewende" (energy transition). German metals and mining companies have been at the forefront of integrating ren
  
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• Holtec Advances Palisades Nuclear Plant Restart Activities

  12-09-2024 08:55 via industrialinfo.com
  
  September 12, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Holtec International (Jupiter, Florida) continues to work toward repowering the Palisades nuclear power plant in Michigan, although the U.S. Nuclear Regulatory Commission (NRC) has yet to officially renew the plant's operating license. While there is no guarantee the NRC will approve Holtec's request to restart the plant, the effort is gaining momentum.
  
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• U.S. T&D Developers Line Up $3.8 Billion in Project Kickoffs

  12-09-2024 08:54 via industrialinfo.com
  
  September 12, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--As concerns grow across the U.S. about sufficient power-generation capacity to meet rising demand, the transmission and distribution (T&D) segment is facing its own challenges, particularly in replacing outdated equipment and structures.Industrial Info is tracking more than $3.8 billion worth of U.S.-based T&D projects that are set to begin construction in the fourth quarter, with more than half of the spend
  
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• Despite Storm Surge for Oil Prices, Markets Remain Bearish

  12-09-2024 08:50 via industrialinfo.com
  
  September 12, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Concerns about the impact of Hurricane Francine and a decline in U.S. crude oil inventories helped push oil prices higher in the Wednesday session, though markets remain well below year-ago levels.Crude oil prices have been suppressed for much of the year, with geopolitical risk emanating from various conflicts in the Middle East taking a backseat to global economic concerns. The price for Brent crud
  
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• Fall 2024 U.S. Power Plant Maintenance and Refueling Outlook

  12-09-2024 08:45 via industrialinfo.com
  
  September 12, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--The 2024 fall season of maintenance in the U.S. power markets has begun. Power plant operators across the U.S. will tally up 330 gigawatts (GW) of maintenance over the course of this shoulder season, heading into the winter months. Much of the work is related to natural gas-fired facilities that take units offline for short tests or minor scheduled maintenance throughout the year.
  
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• DataBank Begins Building in Popular Texas, Virginia Data Center Areas

  12-09-2024 08:45 via industrialinfo.com
  
  September 12, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Data center operator DataBank Limited (Dallas, Texas) is on a bit of building spree, having recently broken ground on a data center in Loudoun County, Virginia, and announcing the recent start of construction of another in Red Oak, Texas, in the Dallas metroplex. Both locations are the hub of a great deal of activity from the data center sector.
  
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• Black & Veatch: 'Urgent' Need for Grid Modernization

  12-09-2024 08:45 via industrialinfo.com
  
  September 12, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--In a report on utilities, global engineering and consulting firm Black & Veatch Incorporated (Overland Park, Kansas) said the U.S. grid is exposed to threats from cyberattacks to extreme weather, but only some providers are addressing risk directly.In its 18th annual report on the U.S. power sector, Black & Veatch said the grid is facing increased risk from climate events, cyberattacks and the surge in deman
  
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• Marathon Petroleum, Orlen: Your Daily Energy News

  12-09-2024 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:Marathon Petroleum Corporation (NYSE:MPC)
  
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• Ghana Launching 'Monster' Gold Mines

  12-09-2024 08:11 via industrialinfo.com
  
  GALWAY, IRELAND--September 12, 2024--Written by Martin Lynch, European News
  Editor for Industrial Info (Galway, Ireland)--Ghana is set to launch "monster mines" to help boost a long-term slump in gold production.
  Within this article: Details plans by Ghana to commission "monster" gold mines in the coming year, state of Ghana's gold mining sector and economy, risks, major projects
  
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• Ethiopia Aims for Additional 17 GW of Renewable Energy by 2034

  12-09-2024 07:06 via industrialinfo.com
  
  NEW DELHI--September 12, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Ethiopia Electric Power (EEP) (Addis Ababa is embarking on a transformative journey in its renewable energy sector, aiming to boost its capacity by 17 gigawatts (GW) by 2034. This significant expansion will be primarily driven by hydroelectric and geothermal projects, underscoring Ethiopia's strategic shift toward sustainable energy.Industrial info is tracking 76 capital-spending renewable energy projects
  
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• U.S. Energy Companies Prepare for Francine

  11-09-2024 08:55 via industrialinfo.com
  
  September 11, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Several companies working in and around the U.S. Gulf Coast are curtailing operations ahead of Francine, a tropical storm that's widely expected to make landfall as a Category 3 hurricane later this week.
  
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• Chickens Come Home to Roost: PJM Capacity Prices Soar Over 800%

  11-09-2024 08:55 via industrialinfo.com
  
  September 11, 2024--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Look for retail electricity prices in the 13 states and the District of Columbia served by grid manager PJM (Valley Forge, Pennsylvania) to jump starting next year, following an 833% increase in the price of generation capacity resulting from PJM's capacity auction this summer.All told, winning capacity bidders will be paid $14.7 billion in the 2025-26 delivery year, up from the $2.2 billion PJM paid in l
  
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• SLB Upbeat on Quick Lithium-Extraction Method

  11-09-2024 08:50 via industrialinfo.com
  
  September 11, 2024--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Though market prices are historically low, SLB (NYSE:SLB) (Houston, Texas) said it's found a way to accelerate the production of lithium at scale at a demonstration facility in Nevada.SLB is testing a proprietary method for lithium extraction at a test plant in Clayton Valley dubbed differentiated direct lithium extraction (DLE).
  Other companies featured: Piedmont Lithium Incorporated (NASDAQ:PLL
  
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• Clayco Has Hand in $19.7 Billion Worth of U.S. Projects

  11-09-2024 08:45 via industrialinfo.com
  
  September 11, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--Founded in 1984, Clayco Corporation (Overland, Missouri) has steadily grown to become one of the leading design-build firms in the U.S., with offices and projects spanning the country. Industrial Info is tracking nearly $19.7 billion worth of active projects, some started, some set for a future date, with which Clayco is involved. The projects span a range of sectors and geographies, although most of the company's p
  
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• U.S. Power Use, Natural Gas Demand: Your Daily Energy News

  11-09-2024 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.
  
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• Europe Hits Gas Storage Targets Early

  11-09-2024 08:11 via industrialinfo.com
  
  GALWAY, IRELAND--September 11, 2024--Written by Martin Lynch, European News
  Editor for Industrial Info (Galway, Ireland)--The European Union (EU) has reached its 90% gas storage target more than 10 weeks ahead of target in preparation for the winter heating season and in readiness for any further gas stoppages by Russia.
  Within this article: Details gas storage progress by EU, impact of Russian stoppages in 2022, diversification of suppliers, growth of LNG project investment
  
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• Codelco adquiere 10% de participación de Enami en la mina de cobre Quebrada Blanca

  11-09-2024 07:42 via industrialinfo.com
  
  11 de septiembre, 2024--Escrito por Amir Richani para Industrial Info Resources (Sugar Land, Texas)--Codelco cerró un acuerdo para adquirir 10% participación qué Enami tenía en la mina de cobre Quebrada Blanca en Chile. El acuerdo entre las empresas estatales incluye pagos por 520 millones de dólares, siendo el primer desembolso de 182 millones de dólares. Según el comunicado de Codelco, el monto restante se pagará en los próximos 12
  
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