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...U.S. natural gas production growth is expected to continue outstripping demand growth, which will limit price increases at Henry Hub, Bernadette Johnson, vice president of market intelligence for Drillinginfo (Littleton, Colorado) told a recent oil and gas conference in Denver....
...NextEra Energy Incorporated (NYSE:NEE) (Juno Beach, Florida) is on track for a cleaner-energy future with the construction of a natural gas-fired plant, and several solar and wind projects....
...Scan through a selection of energy-related news highlights that we think will interest our clients....
...Industrial Info is tracking 463 projects, worth about $21.4 billion, in China's Pharmaceutical & Biotech Industry. Active pharmaceutical ingredient (API) plans account for 334 projects worth nearly $12 billion...
...Equinor plans to install a floating production and storage offshore (FPSO) platform to produce oil and gas in the pre-salt Santos Basin's South Carcara Field, off the southern shore of Brazil...
...Yemen's Houthi rebels attacked the Saudi Arabia's Shaybah oil and gas field with 10 drones, sparking a fire at the Shaybah natural gas liquefaction facility...
...Industrial Info is tracking more than $89 billion in Latin American transportation-system projects that are set to begin construction in 2020, including grassroot and expansion plans...
...Industrial Info is tracking more than $2 billion worth of drilling projects in Latin America's Oil & Gas Production Industry that are set to begin construction in 2020. These include onshore and offshore locations...
...U.S. liquefied natural gas (LNG) export terminals received almost 10% of U.S. dry natural gas production in the month of July. This amounts to 6 billion cubic feet per day. In 2019, LNG has become the fastest growing natural gas-consuming sector in the U.S. Four LNG sites are already in commercial production, with two more scheduled for this year....
...Industrial Info is tracking more than 85 active turbine generator projects valued at more than $750 million in North America within the Pulp & Paper Industry. Click here for a list. Among the coverage, British Columbia leads the way in project count (total of 9) with North Carolina, Mississippi, Florida and Virginia not far behind. Below is a chart of the results by project count.
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...EPIC Midstream has begun shipping oil from Crane, Texas, to Corpus Christi. The line was originally built for natural gas liquids but is currently being used to ship oil while a dedicated crude oil pipeline is being built. The pipe can carry 400,000 barrels per day of crude oil....
...Italy has become the No. 1 destination in the European Union for the value of pharmaceutical production. Industrial Info is tracking 261 operational pharma plants in Italy. Click here for a list and see map below....
...Industrial Info is tracking 27 projects worth $40.6 million for terminal automation projects in India. Click here for a list and see map below for project locations....
...India's Northeast Gas Grid Pipeline Project is waiting for funding from the cabinet to launch the project. Indradhanush Gas Grid Limited, a joint venture of Indian Oil, ONGC, GAIL, Oil India and Numaligarh Refinery, has proposed to lay 1,656 kilometers of natural gas pipeline. Click here for a list of associated projects....
...The emerging e-commerce industry and rise in intercontinental trade should create the need for more warehousing and distribution centers in Africa and the Middle East in the future. South Africa is the key destination for industrial space in Africa, while in Middle East, Oman and Saudi Arabia are leading in investments.
See graph below for warehouse project investment by country....
See graph below for warehouse project investment by country....
...Despite the adverse external economic situation, Brazil's automakers and the auto parts industry are confident that Brazilian vehicle production will be good in 2019 and will show at least a repeat performance next year, according to FabrÃcio Biondo, First Vice President of the National Automotive Vehicle Manufacturers Association (Anfavea).
Anfavea projected at the beginning of the year production growth of 9% in 2019, double the 4% consolidated growth until July. Maintaining the index now draws attention, as the international economic environment has become more unfavorable in recent months with the worsening crisis in Argentina and, above all, the intensification of the trade war between the United States and China.
Industrial Info is tracking 220 operational auto-related plants with 1,637 functional management contacts in the in Brazil. Click here for a list....
Anfavea projected at the beginning of the year production growth of 9% in 2019, double the 4% consolidated growth until July. Maintaining the index now draws attention, as the international economic environment has become more unfavorable in recent months with the worsening crisis in Argentina and, above all, the intensification of the trade war between the United States and China.
Industrial Info is tracking 220 operational auto-related plants with 1,637 functional management contacts in the in Brazil. Click here for a list....
...Sinobioway Bio-medicine is looking for an engineering, procurement and construction (EPC) firm for a $300 million contract developing and manufacturing organization (CDMO) complex. The company plans to expand its active pharmaceutical ingredients and preparations market by building a grassroot complex in Hefei city of Anhui in China. Currently, the project is in a planning and scheduling stage; however, the company hopes to begin the site preparation work by the end of 2019, and operation is likely to commence in early 2021....
...Cleveland-Cliffs Incorporated (has ramped up its capital expenditures outlook for this year by $95-$100 million....
...U.S. dry natural gas production hit a record high for a second year in a row in 2018. Industrial Info is tracking nearly $8 billion worth of natural gas pipelines that are set to begin construction before the end of this year...
...Like other midstream companies that operate in Texas, EPIC Midstream Holdings LP (San Antonio, Texas) has been working to move crude oil out of the Permian Basin to the Texas Gulf Coast....
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