Energy Industry News & Market Updates

Wind, solar and battery capacity grew at a record rate in third-quarter 2025, adding 11.7 gigawatts (GW).

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Despite the White House's opposition to development that can involve environmental, social and governance and laws that are aimed at climate change, Industrial Info is tracking $90 billion worth of ESG-related projects across the U.S. set to kick off in the first quarter, with about 45% of the total spend attributed to projects that it estimates have a medium-to-high likelihood (70% or more) of beginning construction.

After Santee Cooper picked Brookfield Asset Management to revive construction of two partially built nuclear units next to the V.C. Summer Plant in South Carolina, the state-owned utility approved a memorandum of understanding that establishes a feasibility study for completing the project.

El pasado viernes 28 de noviembre la Secretaría de Energía de Argentina realizó la apertura de ofertas económicas del proceso de licitación pública iniciado en agosto pasado para la venta del 100% del paquete accionario de las empresas públicas Alicurá Hidroeléctrica Argentina S.A., El Chocón Hidroeléctrica Argentina S.A., Cerros Colorados Hidroeléctrica Argentina S.A. y Piedra del Águila Hidroeléctrica Argentina S.A. Estas empresas contarán con la concesión de explotación por 30 años de las cinco hidroeléctricas que componen el complejo del COAMAHUE sobre los ríos Limay y Neuquén en las provincias de Neuquén y Río Negro.

The largest planned floating solar power project in the U.K. has been granted planning permission.

The United Nations' annual climate summit was not able to add details to the high-level goals of the 2023 climate summit

In decline since the 1980s, there are still billions of cubic feet of gas and millions of barrels of oil in California

A new binding climate target for the European Union (EU) for 2040 has been voted through despite efforts by the far-right to quash it.

U.K. oil major BP plc (London, England) has delayed the the planned permanent closure of a 70,000 barrel per day (BBL/d) Crude Distillation Unit and a 40,000 BBL/d Vacuum Distillation Unit at its largest German refinery, the 140,000 BBL/d Gelsenkirchen Scholven.

Exxon Mobil Corporation (Spring, Texas) has warned that it will be forced to stop doing business in the European Union (EU) if it does not make changes to one of its most contentious sustainability laws.

Petrobras' capital investments in Q3 totaled US$5.5 billion, with exploration and production projects accounting for 84.8% of the total.

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An upstream trade group in Canada is expecting an uptick in rig activity next year, which would help the struggling economy and support efforts at trade diversification.

Provincial and federal leaders included an expansion to an existing pipeline to British Columbia as a national priority. Amid declining U.S. ties, Canada aims to tap the markets in Asia.

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Even though political ties between the United States and Canada are deteriorating, federal Canadian data show crude oil exports to U.S. refinery centers have increased every year since at least 2015.

The Permian Basin led the U.S. in the growth of associated natural gas in 2024

Exxon Mobil Corporation (Spring, Texas) is to shut its Fife Ethylene Plant (FEP) at Mossmorran in Scotland with the loss of up to 400 jobs.

AGC Vinythai's expansion projects across its two sites in Rayong--Sakura and RCA-5--have started commercial operation.

Industrial Info is tracking about $3.4 billion worth of projects from Occidental, including the chemical assets set to be acquired soon by Berkshire

Industrial Info is tracking more than $4.5 billion worth of active and proposed projects from Air Products globally, including more than $1.5 billion worth in the U.S. and Canada

Australia's government has officially launched a scheme to guarantee the source of renewable electricity used by companies and in the creation of key domestic and export products like green hydrogen.

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The Institute for Supply Management's (ISM) latest Purchasing Manager's Index (PMI) survey indicates U.S. manufacturing activity contracted for the ninth straight month, as tariffs and economic uncertainty continue to disrupt the domestic manufacturing sector.

Port Houston's October container volumes were up both for the month and year-over-year, which comes as the port is investing to expand import and export cargo capacity.

Arkansas lawmakers are gearing up for hearings in regard to the implementation of legislation passed in April that makes siting and constructing windfarms in the state significantly more difficult.

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High-profile utility battery fires have created a market opportunity for systems that use different battery chemistries

Meta continues to advance its efforts to obtain power for major AI data centers.

Gevo is working to move its planned SAF operation from South Dakota to North Dakota

Atvos (Sao Paulo, Brazil), a key player in the Brazilian ethanol market, has recently announced investments at its facilities in Nova Alvorada do Sul and Costa Rica in the central-western state of Mato Grosso do Sul.

With its roadmap toward Net Zero by 2050, Vietnam is developing its Alternative Fuels Industry

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The provincial government of Alberta is carrying a message of energy security to the U.S. capital, just as the Canadian government debates a proposal for a new crude oil export pipeline

Commercial builder Webcor hopes to gain increased access to some of the most rapidly developing technological sectors in the U.S. with the announcement of its planned purchase of GCON.

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U.S.-based supermajor Chevron said that about $10.5 billion, more than half of its planned budget for next year, would target operations in the domestic market

IIR Energy continues to monitor developments in Kazakhstan after a suspected Ukrainian drone strike hobbled an export terminal for one of the larger crude oil delivery networks in the world

With the introduction of U.S. sanctions on Russia's top oil exporters, Rosneft PJSC (Moscow) and Lukoil PJSC (Moscow), many nations are scrambling to find other suppliers. India, as a major world importer, is going to great lengths, literally, to do that

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Industrial Info is tracking more than $1.5 billion worth of active and proposed projects featuring H&P's services, more than $860 million of which is found in Texas