Energy

TVA Seeks a Net-Zero Carbon Future by 2050, But More Federal Support for SMRs, CCS Needed

SUGAR LAND–June 22, 2021–Written by John Egan for Industrial Info Resources (Sugar Land, Texas)–The Tennessee Valley Authority (TVA) (Knoxville, Tennessee) has spent billions of dollars to clean and decarbonize its electric business in recent years, and heavy spending is planned for the next few years as it pursues an aspirational goal of net-zero carbon emissions […]

  • Industrial Info – Energy
  • June 22 @ 1:55 am

Duke Energy, India Crude Oil Imports: Your Daily Energy News

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: Duke Energy Corporation (NYSE:DUK)

  • Industrial Info – Energy
  • June 22 @ 1:35 am

China’s Natural Gas Output Up 5.8% in May

YICHANG, CHINA–June 22, 2021–Researched by Industrial Info Resources (Sugar Land, Texas)–Researched by Industrial Info Resources (Sugar Land, Texas)–In May, China’s natural gas output totaled 16.9 billion cubic meters, a 5.8% increase from May 2020 and a 19.2% increase from May 2019, according China’s National Bureau of Statistics. From January to May 2021, China’s natural gas […]

  • Industrial Info – Energy
  • June 22 @ 12:10 am

Sypris Wins Awards From Two High-Pressure Energy Projects

LOUISVILLE, Ky.–(BUSINESS WIRE)—- $SYPR–Sypris Technologies, Inc., a subsidiary of Sypris Solutions, Inc. (Nasdaq/GM: SYPR), announced today that it has recently received orders for specialty high-pressure closures for use in two large projects, the Golden Pass LNG Export project and the Cherry Point Refinery Renewable Diesel Optimization project. Shipments under these awards are expected to be […]

  • Business Wire
  • June 21 @ 7:30 am

Chevron Leads Ongoing Rebound in U.S. Natural Gas Production, as 3Q Kickoffs Hit $3 Billion

SUGAR LAND–June 21, 2021–Researched by Industrial Info Resources (Sugar Land, Texas)–U.S. natural gas production is waking from its pandemic-era slumber. According to the U.S. Energy Information Administration (EIA), domestic production of dry natural gas averaged 92.2 billion cubic feet per day in May 2021, compared with 87.8 billion cubic feet per day in May 2020. […]

  • Industrial Info – Energy
  • June 21 @ 1:54 am

China’s Crude Oil Output Up 3.5% in May

LICHANG, CHINA–June 21, 2021–Researched by Industrial Info Resources (Sugar Land, Texas)–In May, China’s crude oil output totaled 17.03 million metric tons, a 3.5% increase from May 2020 and a 4.8% increase from May 2019, according China’s National Bureau of Statistics. From January to May 2021, the crude oil totaled 82.65 million metric tons, a 2.2% […]

  • Industrial Info – Energy
  • June 21 @ 12:05 am

Crude Oil Price Volatility, U.S. Renewable Energy Consumption: Your Daily Energy News

We have handpicked and summarized a selection of energy-related news stories that we think will interest clients of Industrial Info and IIR Energy.

  • Industrial Info – Energy
  • June 18 @ 1:35 am

Starwood Energy Group, New Mexico Oil & Gas Production: Your Daily Energy News

We have handpicked and summarized a selection of energy-related news stories that we think will interest clients of Industrial Info and IIR Energy.

  • Industrial Info – Energy
  • June 16 @ 1:35 am

U.K. Loses Another Nuclear Power Plant

GALWAY, IRELAND–June 16, 2021–Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)–Power supplies in the U.K. are set to tighten following a decision by the subsidiary of French energy major Électricité de France SA (EPA:EDF) (Paris) to move the Dungeness B nuclear power station in Kent into the defuelling phase with “immediate […]

  • Industrial Info – Energy
  • June 16 @ 1:11 am

India Hosts More than $35 Billion in Oil & Gas Projects

NEW DELHI–June 16, 2021–Researched by Industrial Info Resources (Sugar Land, Texas)–India is moving ahead with plans to make natural gas 20% of its energy mix by 2030, and it now leads the South Asian region in oil and gas projects. The move to natural gas is fueling the development of grassroot liquefied natural gas (LNG) […]

  • Industrial Info – Energy
  • June 16 @ 12:30 am

Big Oil Keeping its Capital Discipline Pledge

SUGAR LAND, TEXAS–June 15, 2021–Written by John Egan for Industrial Info Resources (Sugar Land, Texas)–They took the pledge and, so far, they’re keeping it. Oil companies, stung in recent years by various reversals, including low crude oil prices and widespread demand destruction stemming from last year’s COVID-19 pandemic, promised investors that when crude oil prices […]

  • Industrial Info – Energy
  • June 15 @ 1:55 am

Enbridge, Shell, U.S. Shale Oil Output: Your Daily Energy News

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: Enbridge Incorporated (NYSE:ENB), Royal Dutch Shell (NYSE:RDS-A)

  • Industrial Info – Energy
  • June 15 @ 1:35 am

Magellan Midstream Sells Some Terminals, Expands Others as it Looks to Brighter 2021

SUGAR LAND–June 14, 2021–Researched by Industrial Info Resources (Sugar Land, Texas)–Magellan Midstream Partners LP (NYSE:MMP) (Tulsa, Oklahoma) announced Thursday it had agreed to sell its independent terminals network, which comprises 26 refined petroleum products terminals with approximately 6 million barrels of storage, to Buckeye Partners LP (NYSE:BPL) (Houston, Texas) for $435 million. These terminals are […]

  • Industrial Info – Energy
  • June 14 @ 1:55 am

First Solar Plans Third Photovoltaic Solar Plant in Ohio

SUGAR LAND–June 14, 2021–Researched by Industrial Info Resources (Sugar Land, Texas)–First Solar Incorporated (NASDAQ:FSLR) (Tempe, Arizona) is planning to build a third photovoltaic (PV) thin-film solar module manufacturing plant in Wood County, Ohio. This new plant will enable the company to expand its existing manufacturing capacity in the area to 6 gigawatts.

  • Industrial Info – Energy
  • June 14 @ 1:40 am

Tourmaline Oil, U.S. Rig Count, California Heat Wave: Your Daily Energy News

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: Baker Hughes Company (NYSE:BKR), Tourmaline Oil Corporation (TSX:TOU)

  • Industrial Info – Energy
  • June 14 @ 1:35 am

Russia Finishes First Nord Stream 2 Line Despite Sanctions

GALWAY, IRELAND–June 14, 2021–Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)–Russia’s President Vladimir Putin has confirmed that the first of two lines of the controversial $11 billion Nord Stream 2 pipeline from Russia to Europe has been completed despite more than a year of sanctions by the U.S. Within this article: […]

  • Industrial Info – Energy
  • June 14 @ 1:11 am

Keystone XL Pipeline Termination: Not the First or the Last Project to Fall

SUGAR LAND, TEXAS–June 11, 2021–Written by John Egan for Industrial Info Resources (Sugar Land, Texas)–This week’s decision by TC Energy Corporation (NYSE:TRP) (Calgary, Alberta) to terminate the partially built Keystone XL crude oil pipeline was the most recent example of death by litigation for oil & gas pipeline projects, but it is unlikely to be […]

  • Industrial Info – Energy
  • June 11 @ 1:55 am

Duke Energy, Nord Stream 2, U.S. Crude Oil Output: Your Daily Energy News

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: Duke Energy Corporation (NYSE:DUK)

  • Industrial Info – Energy
  • June 11 @ 1:35 am

ExxonMobil, U.S. LNG Exports: Your Daily Energy News

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: Exxon Mobil Corporation (NYSE:XOM)

  • Industrial Info – Energy
  • June 10 @ 1:35 am

Thailand Revises Power Development Plan to Better Meet Demand

MANILA, PHILIPPINES–June 10, 2021–Researched by Industrial Info Resources (Sugar Land, Texas)–The Electricity Generating Authority of Thailand (EGAT) is developing power plant projects in accordance with its revised Power Development Plan 2018. The state-owned entity aims to better stabilize Thailand’s power generation, in an effort to revive the economy as Thailand accelerates its COVID-19 vaccination efforts.

  • Industrial Info – Energy
  • June 10 @ 12:20 am

Keystone XL Pipeline Terminated

SUGAR LAND–June 6, 2021–Researched by Industrial Info Resources (Sugar Land, Texas)–It’s official: The Keystone XL Pipeline is canceled. TC Energy Corporation (NYSE:TRP) (Calgary, Alberta) announced Wednesday it had terminated hotly disputed, $9 billion project.

  • Industrial Info – Energy
  • June 9 @ 4:55 pm

Wind, Solar, Natural Gas and Nuclear Emerge as Winners in PJM Power Auction

SUGAR LAND–June 9, 2021–Researched by Industrial Info Resources (Sugar Land, Texas)–On June 2, 2021, PJM Interconnection announced the results of the 2022-2023 Base Residual Auction (BRA). The capacity auction procures power supply resources in advance of their delivery year in order to meet electricity needs of the 65 million customers across 13 states and the […]

  • Industrial Info – Energy
  • June 9 @ 1:56 am

Pembina Pipeline, U.S. Crude Oil Exports: Your Daily Energy News

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: Pembina Pipeline Corporation (NYSE:PBA)

  • Industrial Info – Energy
  • June 9 @ 1:35 am

Ørsted Breaks Ground on First Renewable Hydrogen Project

GALWAY, IRELAND–June 9, 2021–Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)–Leading offshore windfarm developer Ørsted (Gentofte, Denmark) has broken ground on its first renewable hydrogen energy project in Copenhagen, Denmark. Within this article: Details H2RES project in Denmark, goals, technology, timeline, related projects and major industry shift and investment in green […]

  • Industrial Info – Energy
  • June 9 @ 1:11 am

テルリアンとビトルが10年間で年間300万トンのLNG契約を締結

ヒューストン–(BUSINESS WIRE)–(ビジネスワイヤ) — テルリアン(NASDAQ:TELL)は本日、ビトルと液化天然ガス(LNG)の売買契約を締結したと発表しました。この売買契約は、10年間にわたってドリフトウッドLNGで年間300万トン(mtpa)を本船渡し(FOB)にするもので、輸送費を差し引いたジャパンコリアマーカー(JKM)とオランダ権原移転ファシリティ(TTF)の2つの指標の組み合わせに連動します。本日の価格では、この契約は10年間で約120億ドルの収益をもたらすと評価されます。 Octávio Simões社長兼最高経営責任者(CEO)は、次のように述べています。「テルリアンは、お客さまが望む指標でドリフトウッドLNG の商品を販売するという当社の計画を実行し続けています。早い段階でドリフトウッドの開発に関心を示してくれたのがビトルですが、世界最大の独立エネルギー商社であるビトルとの今回の契約締結は意義深いものとなります。世界が電動化し、人口が増加していることから、信頼性が高く、低コストのエネルギーに対する需要は増加し続けるでしょう。LNGは魅力的な価

  • Business Wire
  • June 8 @ 6:41 am

Talos Energy Reaps Rewards from Oil Discoveries Across Gulf of Mexico

SUGAR LAND–June 8, 2021–Researched by Industrial Info Resources (Sugar Land, Texas)–Talos Energy Incorporated (NYSE:TALO) (Houston, Texas) is notching up growth from its properties in the Gulf of Mexico. In addition to its recently announced discovery of new oil at its Attic Well in the Tornado Field, Talos is bolstering its work in the prosperous Green […]

  • Industrial Info – Energy
  • June 8 @ 1:55 am

Enbridge, Duke Energy: Your Daily Energy News

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: Enbridge Incorporated (NYSE:ENB), Duke Energy Corporation (NYSE:DUK)

  • Industrial Info – Energy
  • June 8 @ 1:35 am

North America’s Power Industry Maintains Healthy Spending Outlook

SUGAR LAND–June 7, 2021–Researched by Industrial Info Resources (Sugar Land, Texas)–Driven by its ongoing transformation, spending in the Power Industry is expected to remain strong for 2021-2022 and beyond. Industrial Info’s recently released North American Market Assessment offers great insight into key trends that are expected to drive investment for some time to come. Within […]

  • Industrial Info – Energy
  • June 7 @ 1:55 am

Supreme Court Decision Imminent in Eminent Domain Pipeline Case

SUGAR LAND–June 7, 2021–Researched by Industrial Info Resources (Sugar Land, Texas)–The U.S. Supreme Court could decide this month on a case that pits the powers of eminent domain against the sovereign immunity of states. More down to earth, the matter involves the future of the PennEast Pipeline project, which would move natural gas 116 miles […]

  • Industrial Info – Energy
  • June 7 @ 1:50 am

Oil and Gas Majors Hit Hard by Green Revolts

GALWAY, IRELAND–June 7, 2021–Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)–Oil and gas majors Royal Dutch Shell (NYSE:RDS.A), Exxon Mobil Corporation (NYSE:XOM) and Chevron Corporation (NYSE:CVX) suffered a number of major defeats in court and their own boardrooms recently over lowering their emissions and investing more in renewables. Within this article: […]

  • Industrial Info – Energy
  • June 7 @ 1:11 am

Natural Gas-Fired Capital Projects Still Shine in Great Lakes Region During Age of Renewables

SUGAR LAND–June 4, 2021–Researched by Industrial Info Resources (Sugar Land, Texas)–A few years ago, natural gas-fired power represented a substantial amount of power plant construction in the U.S., but with the rise in renewables, the fuel’s time in the construction spotlight in the U.S. has begun to wane. With about $1 billion in planned projects, […]

  • Industrial Info – Energy
  • June 4 @ 1:45 am

Natural Gas-Fired Capital Project Still Shines in Great Lakes Region During Age of Renewables

SUGAR LAND–June 4, 2021–Researched by Industrial Info Resources (Sugar Land, Texas)–A few years ago, natural gas-fired power represented a substantial amount of power plant construction in the U.S., but with the rise in renewables, the fuel’s time in the construction spotlight in the U.S. has begun to wane. With about $1 billion in planned projects, […]

  • Industrial Info – Energy
  • June 4 @ 1:45 am

Tellurian und Vitol unterzeichnen 10-Jahres-Vertrag über 3 Mio. Tonnen LNG pro Jahr

HOUSTON, USA–(BUSINESS WIRE)–Das Unternehmen Tellurian Inc. (kurz Tellurian) (NASDAQ: TELL) hat heute angekündigt, dass es mit Vitol Inc. (kurz Vitol) einen Kaufvertrag für Flüssigerdgas (LNG) abgeschlossen hat. Der Vertrag umfasst drei Millionen Tonnen pro Jahr auf Free-on-Board-Basis (FOB) bei Driftwood LNG für einen Zeitraum von zehn Jahren, die an eine Kombination aus zwei Indizes gebunden […]

  • Business Wire
  • June 4 @ 1:44 am

RWE, Tellurian: Your Daily Energy News

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: Tellurian Incorporated (NASDAQ:TELL)

  • Industrial Info – Energy
  • June 4 @ 1:35 am

Tellurian et Vitol signent un contrat de GNL d’une durée de 10 ans portant sur 3 mtpa

HOUSTON–(BUSINESS WIRE)–Tellurian Inc. (Tellurian) (NASDAQ : TELL) a annoncé aujourd’hui avoir finalisé un contrat de vente et d’achat (CVA) relatif à du gaz naturel liquéfié (GNL) auprès de Vitol Inc. (Vitol). Le CVA concerne trois millions de tonnes par an (mtpa) sur une base franco à bord (Free On Board, FOB) à Driftwood LNG pour […]

  • Business Wire
  • June 4 @ 1:19 am

Tellurian and Vitol sign 10-year LNG agreement for 3 mtpa

HOUSTON–(BUSINESS WIRE)—- $TELL #LNG–Tellurian and Vitol agree to 3 mtpa 10-year LNG SPA

  • Business Wire
  • June 3 @ 5:58 am

BP Acquires 9 Gigawatts of Texas, PJM Solar Projects from 7X Energy

SUGAR LAND–June 3, 2021–Researched by Industrial Info Resources (Sugar Land, Texas)–Had BP plc (NYSE:BP) (London, England) snatched up multiple projects from solar-energy developer 7X Energy (Austin, Texas) a decade ago, the news would have surprised the Oil & Gas Industry. These days, it’s barely news: Traditionally fossil fuel-focused companies are diversifying their portfolios with renewable […]

  • Industrial Info – Energy
  • June 3 @ 1:55 am

Philippines’ EDC Taps Indonesia, Taiwan for Geothermal Exploration

MANILA, PHILIPPINES–June 3, 2021–Researched by Industrial Info Resources (Sugar Land, Texas)–Energy Development Corporation (EDC), the largest renewable energy-generating firm in the Philippines, plans to continue developing geothermal projects overseas, regardless of the setbacks it has encountered amid the COVID-19 pandemic.

  • Industrial Info – Energy
  • June 3 @ 1:04 am

ExxonMobil, Enable Midstream, Southwestern Energy: Your Daily Energy News

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: Equinor (NYSE:EQNR), Exxon Mobil Corporation (NYSE:XOM), Enable Midstream Partners LP (NYSE:ENBL), Southwestern Energy Company (NYSE:SWN)

  • Industrial Info – Energy
  • June 3 @ 12:35 am

Canada’s Pembina Buys Inter Pipeline as Midstream Firms Make Big Bets on Post-COVID Recovery

SUGAR LAND–June 2, 2021–Researched by Industrial Info Resources (Sugar Land, Texas)–As oil and gas demand rebounds across North America, midstream giants like Pembina Pipeline (NYSE:PBA) (Calgary, Alberta) are buying out many of their smaller rivals, which typically had less cash and fewer assets on hand to carry them through the pandemic. Pembina announced this week […]

  • Industrial Info – Energy
  • June 2 @ 1:55 am

Kinder Morgan, PSEG: Your Daily Energy News

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: Kinder Morgan Incorporated (NYSE:KMI), Consolidated Edison Incorporated (NYSE:ED), Crestwood Equity Partners LP (NYSE:CEQP)

  • Industrial Info – Energy
  • June 2 @ 1:35 am

El Salvador Paper Mill Going Green

CORDOBA, ARGENTINA–June 2, 2021–Researched by Industrial Info Resources (Sugar Land, Texas)–El Salvador relies heavily on fossil fuels to meet its energy needs, and it imports electricity from neighboring countries to meet its domestic demand. El Salvador’s National Energy Council is developing its National Energy Policy 2020-2050, which aims to reduce the electricity tariff by increasing […]

  • Industrial Info – Energy
  • June 2 @ 12:32 am

Coming Soon to a Location Near You?: Carbon Capture & Sequestration

SUGAR LAND–June 1, 2021–Researched by Industrial Info Resources (Sugar Land, Texas)–Last week, liquefied natural gas (LNG) producer Venture Global LNG (Arlington, Virginia) became the latest oil and gas company to tout its plans for carbon capture and sequestration (CCS). The company says it plans to capture the carbon from its Calcasieu Pass and Plaquemines LNG […]

  • Industrial Info – Energy
  • June 1 @ 1:45 am

Entergy Corporation, Pieridae Energy: Your Daily Energy News

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: Entergy Corporation (NYSE:ETR), Pieridae Energy Limited (TSX:PEA)

  • Industrial Info – Energy
  • June 1 @ 1:35 am

テルリアンとガンバーが年間300万トンの10年間のLNG契約を締結

ヒューストン–(BUSINESS WIRE)–(ビジネスワイヤ) — テルリアン(NASDAQ:TELL)およびガンバー・シンガポールは本日、年間300万トンの液化天然ガス(LNG)の10年間にわたる売買契約(SPA)について発表しました。この契約は、輸送費を差し引いたジャパンコリアマーカー(JKM)とオランダ権原移転ファシリティ(TTF)の2つの指数の組み合わせに連動します。このLNGは、テルリアンが米国メキシコ湾岸のルイジアナ州レイクチャールズ近郊に予定している年間2760万トンの液化施設「ドリフトウッドLNG」から本船渡し(FOB)で引き渡されます。 Octávio Simões社長兼最高経営責任者(CEO)は、次のように述べています。「テルリアンは、当社の統合モデルがこの貴重な商品を提供する柔軟性を備えていることから、第一段階では最大1000万トンのLNGをJKM、TTF、または融合価格で販売する予定です。LNG取引量で最大の独立系国際トレーダーであるガンバーをドリフトウッドに迎え、クリーンな燃料の供給によって増大する世界のエネルギー需要を満たし、エネルギーへのアクセス

  • Business Wire
  • June 1 @ 12:39 am

China’s Output of Crude Oil Up 3.4% in April

BEIJING–June 1, 2021–Researched by Industrial Info Resources (Sugar Land, Texas)–China’s output of crude oil totaled 16.41 million metric tons in April, which was an increase of 3.4% from April 2020.

  • Industrial Info – Energy
  • June 1 @ 12:05 am

U.S. Utilities Rev Up Transmission & Distribution Spending in Third Quarter

SUGAR LAND–May 28, 2021–Researched by Industrial Info Resources (Sugar Land, Texas)–Across the U.S., major utilities are investing more in adding and improving their electric distribution systems, according to the U.S. Energy Information Administration (EIA), including a record $57.4 billion in 2019. These investments are outpacing customer growth and retail sales, as utilities are increasingly focused […]

  • Industrial Info – Energy
  • May 28 @ 1:55 am

China’s Power Output Up 11% Year-Over-Year in April

BEIJING–May 28, 2021–Researched by Industrial Info Resources (Sugar Land, Texas)–In April, China’s overall power generation output totaled 623 billion kilowatt-hours (kWh), a jump of 11% from April 2020, according to China’s National Bureau of Statistics.

  • Industrial Info – Energy
  • May 28 @ 12:10 am