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• Aramco Signs Offtake Agreement for Rio Grande LNG

  10-04-2025 08:50 via industrialinfo.com
  
  April 10, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)-The state-run Saudi Arabian Oil Company signed a definitive agreement to take liquefied natural gas from the fourth train at the Rio Grande export facility, operator NextDecade Corporation (NASDAQ:NEXT) (Houston, Texas) said.NextDecade said Wednesday it signed a 20-year sale and purchase agreement with a subsidiary of the company, known also as Saudi Aramco. Indexed to Henry Hub, the U.S. benchmark for th
  
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• Aramco Inks U.S. MOUs with Potential Value of $90 Billion

  16-05-2025 08:50 via industrialinfo.com
  
  May 16, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Following a visit to Riyadh by U.S. President Donald Trump, Saudi Arabian Oil Company (Aramco) (Dhahran, Saudi Arabia) said Wednesday it signed more than 30 arrangements with major U.S. companies that could have a total value of around $90 billion.
  
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• Dallas Fed Sees Permian Oil Stable in Q1

  16-05-2025 08:45 via industrialinfo.com
  
  May 16, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Amid global trade tensions seen to be undermining growth, the Federal Reserve Bank of Dallas reported that job employment declined and oil production remained stable in the Permian Basin during the first quarter.The Permian is the largest oil-producing basin and the second-largest gas producer in the United States, averaging about 6.4 million barrels per day (BBL/d) during the first quarter.
  
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• Semiconductors Propel Idaho to $27 Billion Worth of Under-Construction Projects

  16-05-2025 08:40 via industrialinfo.com
  
  May 16, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--When semiconductor fabrication plants, known as fabs, are built, they're generally very large projects. Granted up to $6.1 billion in funding from the Biden-era CHIPS and Science Act, Micron Technology Incorporated (NASDAQ:MU) (Boise, Idaho) is putting part of the funds to work in Idaho, where the company is constructing a $25 billion semiconductor fab. While the project is the largest development underway in Idaho, and i
  
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• Saudi Arabia Reaffirms Commitment to Combined-Cycle Power Plant Development

  16-05-2025 07:17 via industrialinfo.com
  
  NEW DELHI--May 16, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--As part of its Vision 2030 initiative, the Kingdom of Saudi Arabia is advancing a comprehensive dual-track energy strategy aimed at diversifying its energy mix and curbing carbon emissions. Central to this strategy is the planned deployment of 42 gigawatts (GW) of combined-cycle power plant (CCPP) capacity equipped for carbon capture and storage (CCS), alongside the development of 130 GW of renewable energy and
  
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• India Commissions First 250-MW Pumped Storage Unit in Pump Condenser Mode

  16-05-2025 07:14 via industrialinfo.com
  
  NEW DELHI--May 16, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--State-owned THDC India Limited, a subsidiary of National Thermal Power Corporation Limited, has announced the synchronization of the first 250-megawatt (MW) unit of its Tehri Pumped Storage Plant (PSP) in pump condenser mode, a significant milestone for India's power sector. Located in Tehri, Uttarakhand, this development marks India's first variable-speed pumped storage facility and one of only three in Asia.
  
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• Jacobs Reports Record-High Backlog as Tech Projects Pile Up

  15-05-2025 08:55 via industrialinfo.com
  
  May 15, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--Engineering, procurement and construction (EPC) titan Jacobs Solutions Incorporated (NYSE:J) (Dallas, Texas) saw its project backlog grow 20% to more than $22 billion, a new record for the company, in its fiscal second quarter as the company found more work in the power, infrastructure and technology markets.Industrial Info is tracking more than $120 billion worth of active and proposed projects across the U.S. featuring
  
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• Call Me Maybe: Were Shell to Buy BP, What Would that Look Like?

  15-05-2025 08:55 via industrialinfo.com
  
  May 15, 2025--Written by Paul Wiseman for Industrial Info Resources (Sugar Land, Texas)--As Shell plc (NYSE:SHEL) (London, England) and BP (NYSE:BP) (London) are headed in opposite directions on the ladder of success, the larger Shell has been rumored to be looking to buy its struggling neighbor. Shell Chief Executive Officer Wael Sawan told the Financial Times that he would rather continue his company's history of buying back shares than buy BP.
  
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• NRG Energy to Acquire 13 GW of Natural Gas Power Plants

  15-05-2025 08:50 via industrialinfo.com
  
  May 15, 2025--Written by Jesse Broehl for Industrial Info Resources (Sugar Land, Texas)--Major merger and acquisition (M&A) deals are underway in the power generation space as the market faces high energy demand that is outpacing construction of new power generation. The latest is NRG Energy Incorporated (NYSE:NRG) (Houston, Texas), which announced Monday that it plans to acquire 13 gigawatts (GW) of natural gas power plants from LS Power Group (New York, New York). Both companies are large
  
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• U.S. LNG Moves into Overdrive with New Deals

  15-05-2025 08:45 via industrialinfo.com
  
  May 15, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Woodside Energy Group (NYSE:WDS) (Perth, Australia) said that Saudi Aramco (Riyadh, Saudi Arabia) expressed interest in taking potential equity and supplies from its planned Louisiana LNG project in the U.S.Woodside said Saudi Arabia's state-owned oil company expressed interest in the project during U.S. President Donald Trump's visit to the kingdom. Since entering the White House for his second, non-conse
  
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• The Carrots and Sticks of Fossil Fuel Methane Abatement

  15-05-2025 08:45 via industrialinfo.com
  
  May 15, 2025--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--The fossil fuel industry could generate billions of dollars in new revenue annually, reduce energy poverty and slow global warming if it captured and sold methane emissions that currently escape into the atmosphere from its operations or abandoned wells and mines. So says a new report for the International Energy Agency (IEA) (Paris, France), titled "Global Methane Tracker 2025."The report, released May 7, look
  
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• Canadian Energy Sector Issues Carney Government a Wish List

  15-05-2025 08:45 via industrialinfo.com
  
  May 15, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Expand oil and gas opportunities at home and seize the moment to help establish Canada as an energy powerhouse, sector representatives told the newly-minted Cabinet of Prime Minister Mark Carney.Carney, a Liberal who secured his position as prime minister through snap elections last month, established his new government on Tuesday with the announcement of new Cabinet officials that he said would help build
  
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• Solarcycle Gains Lucrative Panel-Recycling Contract as Georgia Plant Progresses

  15-05-2025 08:40 via industrialinfo.com
  
  May 15, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--RWE Clean Energy (Austin, Texas), a U.S.-based subsidiary of German energy giant RWE AG (Essen), has awarded Solarcycle (Mesa, Arizona) the contract to recycle its old, aged-out solar panels in the U.S. The contract comes as Solarcycle begins work on a grassroot plant in Georgia that will manufacture new solar panels from recycled materials.
  
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• North American Summer Power Tightness, Woodside Courts Aramco: Your Daily Energy News

  15-05-2025 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:Woodside Energy Group (NYSE:WDS)
  
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• Ensign Energy Rides Wave of Strong Canadian Oil Demand

  14-05-2025 08:55 via industrialinfo.com
  
  May 14, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--Ensign Energy Services (Calgary, Alberta), an oil and gas exploration services provider, benefited from increased drilling activity among its Canadian clients in the first quarter of 2025. While depressed natural gas prices somewhat hindered activity in the U.S., Ensign expects its operations there to "modestly improve" in the near term.Industrial Info is tracking more than US$5.4 billion worth of oil and gas drilling pro
  
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• House Budget Hearings Target Biden-Era Spending on Clean Energy, Climate Change

  14-05-2025 08:50 via industrialinfo.com
  
  May 15, 2025--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--Committees in the Republican-led U.S. House of Representatives took their first steps toward adopting a multi-trillion-dollar budget reconciliation bill on Tuesday by holding markup hearings on proposed legislation that was released Sunday, May 11.Overall, House Republicans are seeking to cut federal spending by over $4.9 trillion over fiscal years 2025-2034 to free up money to pay for an extension of President
  
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• Alberta to Freeze Carbon Price

  14-05-2025 08:48 via industrialinfo.com
  
  May 14, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Justified as a way to counter the tariffs imposed by the United States, the provincial government of Alberta said it was freezing a carbon tax at its current rate in an effort to remain competitive.
  
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• USGS Looking at Mining Waste for Critical Minerals

  14-05-2025 08:40 via industrialinfo.com
  
  May 14, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--States are called on to compete for $5 million in support funding to find critical minerals in mining waste, the U.S. federal government said.The U.S. Geological Survey (USGS) said its state counterparts could compete for funding through the Earth Mapping Resources Initiative (Earth MRI) program. The initiative, in place since 2018, was supported further by executive action this year to ensure the United S
  
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• Wood to Design Fossil-Free Plastics Plant in Belgium

  14-05-2025 08:13 via industrialinfo.com
  
  GALWAY, IRELAND--May 14, 2025--Written by Martin Lynch, European News
  Editor for Industrial Info (Galway, Ireland)--A US$1.5 billion project to build the world's first fossil-free plastics plant has advanced with the award of a multi-million dollar front end engineering and design (FEED) contract to consulting and engineering firm Wood Group (Aberdeen, Scotland).
  Within this article: Details advance of of project to construct a fossil-free plastics plant in Antwerp, Belgium, scope, investment, p
  
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• Zimbabwe Expects Gold to Surpass $3 Billion in 2025

  14-05-2025 07:18 via industrialinfo.com
  
  NEW DELHI--May 14, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--Zimbabwe's gold sector is poised for substantial growth in 2025, with revenues expected to exceed US$3 billion, according to the Chamber of Mines of Zimbabwe's Commodity Outlook report. This growth is being driven by major expansion projects across several mining operations and strong international gold prices.
  
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• Indonesia's Muara Laboh Geothermal Plant Unit 2 to Begin Operations in 2027

  14-05-2025 07:05 via industrialinfo.com
  
  METRO MANILA--May 14, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--Indonesia's Ministry of Energy and Mineral Resources (ESDM) has confirmed that the 80-megawatt (MW) Unit 2 at the Muara Laboh Geothermal Power Plant in West Sumatra is slated for completion in 2027. The project, which is being developed by PT Supreme Energy Muara Laboh (SEML), recently reached financial close.
  
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• Texas Lawmakers Want to Support Gas Power by Crippling Renewables

  13-05-2025 08:56 via industrialinfo.com
  May 13, 2025--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--If you are a fan of Project 2025, the Heritage Foundation's blueprint to dramatically shrink the size and functioning of the federal government, you're probably cheering about draft energy bills moving through the Texas state legislature. In the same way that Project 2025 has targeted, among other things, renewable energy at the federal level, bills moving through the Texas Senate and House are also taking aim
  
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• Centerra Gold Primed for Major Project Development in 2025

  13-05-2025 08:55 via industrialinfo.com
  May 13, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--Executives at Centerra Gold Incorporated (NYSE:CGAU) (Toronto, Ontario) sounded optimistic about their company's outlook for 2025, with significant progress expected on key projects for gold, copper and other metals and minerals in high demand worldwide. The bulk of the company's operations are in the U.S. and Canada.Industrial Info is tracking more than US$1.6 billion worth of active and proposed projects from Centerra,
  
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• Momentum Increases for North American LNG

  13-05-2025 08:50 via industrialinfo.com
  May 13, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--The North American potential for liquefied natural gas (LNG) deliveries is on the rise, with the U.S. sanctioning new export facilities and Canada seeing support for deliveries from British Columbia.Cleaner-burning LNG emerged as an alternative fuel of choice in the wake of U.N.-backed measures governing emissions from the shipping industry and after the outbreak of war in Ukraine in 2022. Prior to the war
  
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• Oil & Gas to Benefit from Texas Approval of New High Voltage Transmission Lines

  13-05-2025 08:45 via industrialinfo.com
  May 13, 2025--Written by Jesse Broehl for Industrial Info Resources (Sugar Land, Texas)--The Public Utility Commission of Texas (PUCT) on April 24 approved a plan to build the first extra-high-voltage transmission lines for the Permian Basin. The overall Strategic Transmission Expansion Plan (STEP) was approved in October 2024. The decision allowed for the more efficient 765-kilovolt (kV) lines over the standard 345-kilovolt lines currently in use throughout the Electric Reliability Council of T
  
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• Vancouver Reports First-Ever LNG Bunker for Cruise Ship

  13-05-2025 08:40 via industrialinfo.com
  May 13, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--With new draft regulations on shipping emissions in the works, the Port of Vancouver said it completed the first ever ship-to-ship transfer of liquefied natural gas (LNG) to a cruise ship.
  
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• U.K. Approves Major Carbon Capture Pipeline

  13-05-2025 08:08 via industrialinfo.com
  GALWAY, IRELAND--May 13, 2025--Written by Martin Lynch, European News
  Editor for Industrial Info (Galway, Ireland)--The U.K. government has given the go-ahead for a 35-kilometer (km) pipeline in Liverpool that will collect carbon dioxide (CO2) emissions from nearby industrial facilities for storage offshore under the seabed.Within this article: Details permit for key carbon capture pipeline, investment, timeline, related projects
  
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• IIR's May 12 Market Scorecard Brings You Breaking Geopolitical News

  12-05-2025 18:40 via industrialinfo.com
  May 12, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--Stay current with the latest geopolitical events, and more importantly, instantly connect to how these events may impact you and your business strategies.
  
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• Fixing the Grid: Diverse Federal Activities May Point to Progress

  12-05-2025 08:55 via industrialinfo.com
  
  May 12, 2025--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--The federal government is in the early stages of trying to fix the nation's interstate electricity transmission system. Will the fix be up to the task? And can it be implemented before a widespread failure of the U.S. grid occurs, like what happened to the Spanish and Portuguese electric grids at the end of April?
  
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• Cenovus Boasts Operational Gains for Oil Production, Refining

  12-05-2025 08:55 via industrialinfo.com
  
  May 12, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--Cenovus Energy (NYSE:CVE) (Calgary, Alberta) reported stronger upstream production in the first quarter, with its 818,900 barrels of oil equivalent per day up 2.2% from the same period last year. The company also benefited improving from market conditions in the North American refining sector, with executives pointing to a stronger operational performance following a swath of maintenance-related projects.Industrial Info i
  
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